Iraq launches Chinese-funded school project
9 April 2022
Iraq has launched a project to build schools in the central Najaf Governorate to be funded by China under a 2019 landmark agreement that includes supply of Iraqi crude oil, the local press reported on Friday.
Iraqi Education Minister Ali Al-Dulaimi on Thursday laid the foundation stone for the project in Najaf, one of several areas in Iraq to benefit from the 1,000-school scheme that will be financed through the oil-for-project agreement between the two countries.
“This project for the construction of several schools in Najaf will be carried out as part of the government’s agreement with China,” cabinet spokesman Haidar Majeed said, quoted by Aliqtisad News and other Iraqi publications.
Iraq and China signed the oil-for-project deal in Sept 2019, under which Chinese companies will undertake projects in the OPEC member in exchange for oil supplies.
Related
-
UK Government takes control of Chinese-owned British Steel plant
17 April 2025
-
Leighton Asia to build six-tower Mumbai residential scheme
13 April 2025
-
Hassan Allam signs agreement for Ras El-Hekma project
11 April 2025
-
Modi to restart $11bn of work on new state capital “Amaravati”
7 April 2025
-
Iraq approves two major energy project contracts
3 April 2025
-
Teams form for Al-Sila wind IPP in Abu Dhabi
21 March 2025