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Iraq targets $500 bln in energy-related investment

Posted on 01 October 2012

Iraq will invest around $500 billion (309 billion pounds) in energy and linked industries with the help of the private sector by 2030, generating around $6 trillion in revenues, the Deputy Prime Minister for Energy said on Sunday.
Hussain al-Shahristani said the growth generated would create around 250,000 jobs for the war-torn country, which is trying to rebuild its economy after years of violence and economic sanctions………………………………………..Full Article: Source

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