Iraq Signs Deal With Rose Ruiz

Iraqi Dinar 123 News:– The Director General of General Company for ports Captain Omran Radi has signed a contract with the United Dusk Company in order to set up with equipments for Iraqi ports with naval back up tools from a Japanese company Rose Ruiz within the agreement of loan projects. The Director of ports issued a press statement indicated that this is the third project from the six contracts with foreign companies in order to rectification of naval force that have been constructed according to the issued Japanese loan in first phase, and its amounts flooded due to the difference in the exchange rate of Japanese Yen to the exchange rate of the U.S dollar.

He also pointed out that our concerning authorities have formerly signed two contracts, first contract with Anamar Company and the second contract with PLR Company. This is considered as third contract with the amount of eight hundred and eighty-nine thousand U.S dollars. He also attended the meeting at the time of signing contract with the representatives of the Japanese Agency for International Development (JICA). The Director of Public Relations and Media in the Iraqi Port Authority Captain Hussein Muhammad Abdullah also attended the meeting of signing contract with the Japanese company in order to get loans for Iraqi ports.

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