Baghdad agrees loan for Umm Qasr port
- Published: 14 December 2007 12:40
- Author:Hugh Tomlinson | More by this Author
- Last Updated: 14 December 2007 18:47
The Iraqi government has agreed a $100m loan arrangement to redevelop the country's deep seaport at Umm Qasr in the south of the country. However, a proposed $15bn overhaul of the port remains mired in political wrangling between the central and local governments over the division and distribution of future revenues.
The Iraqi government has agreed a $100m loan arrangement to redevelop the country's deep seaport at Umm Qasr in the south of the country. However, a proposed $15bn overhaul of the port remains mired in political wrangling between the central and local governments over the division and distribution of future revenues.
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