UCC Holding signs a $2.5 billion MoU with National Investment Commission in Iraq to develop 2 power plants
UCC Holding signed an MoU with the National Investment Commission of Iraq to build 2 power plants in a PPP framework. The MoU was signed by Dr Haider Mohammed Makia, the Chairman of the National Investment Commission in Iraq, and Ramez Al Khayyat, the Managing Director of UCC Holding.Ramez Al Khayyat stated that the $ 2.5 billion contract is a public private partnership contract and would span a period of 25 years.He also mentioned that UCC...