South Korean STX Heavy Industries signs deal with Iraq
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South Korean STX Heavy Industries signs deal with Iraq

Baghdad : Iraq | Feb 26, 2010 at 7:17 AM PST
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T-72 STX

Local media said on Thursday that STX South Korean Heavy Industry Company said it signed a preliminary deal for a $3.2 billion petrochemical project in Iraq. Unlisted STX Heavy, part of STX Group led by STX Corp, said in a statement it would build a petrochemical complex and related facilities in Basrah. However, officials in the company told Reuters that the company did not sign the memorandum of understanding yet.

http://www.alsumaria.tv/en/Economics-News-Iraq/3-45476-South-Korean-STX-Heavy-Industries-signs-deal-with-Iraq.html

Alsumaria is based in Baghdad, Bagdad, Iraq, and is a Stringer on Allvoices.
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