Facility to be funded by Japan International Cooperation Agency
Japan International Cooperation Agency (JICA) is in talks with engineering firms for the construction of an estimated $2bn fertiliser plant in Iraq’s southern port city of Basra.
JICA will provide $2m towards a planned feasibility study for a 3,000 tonne-a-day-(t/d)-ammonia plant, according to a report by Japanese newspaper, The Nikkei.
Japan’s Mitsui and Toyo Engineering are in talks with JICA for the engineering, procurement and construction of the plant.
JICA is already financing the construction of new subsea oil export pipelines in Iraq, as part of the government’s commitment of up to $5bn in assistance for reconstruction made at the Madrid Donor Conference in 2003 (MEED 8:14:10).
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