Siemens and Orascom Construction signed an agreement on Saturday with the Iraqi ...
Safety helmets are seen at Siemens company's plant in Goerlitz, Germany, July 15, 2019. REUTERS/Hannibal Hanschke
Siemens said that work at the Baiji facility, 250 km north of Baghdad, will commence once Iraq’s Council of Ministers approve the deal and a financial agreement is reached with the Finance Ministry. In awarding projects to Siemens in April, however, Iraq’s prime minister said the German company was well-placed to win the bulk of future deals.
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