Iraqi PM Welcomes Chinese Investment in Industrial Projects

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Iraqi PM Welcomes Chinese Investment in Industrial Projects

Prime Minister Mohammed Shiaa Al-Sudani met with Zhang Jiming, the CEO of China’s Changxin Company [Shanxi Changxin?], and the accompanying delegation.

The Prime Minister emphasized Iraq’s investment opportunities and commitment to facilitating major international companies.

Shang Xin Corporation, a prominent Chinese company with global investments, plans to build an industrial city in Basra Province for sponge iron production.

Additionally, the company is in talks to invest in a sulfur project in Iraq for export purposes.