Iraq signs $690m barrier contract with S.Korea’s Daewoo
Iraq said on Tuesday it had signed a 511 million euro ($690 million) contract with South Korea's Daewoo to build a sea barrier at its planned Grand Faw port in the south of the country. Under the contract, Daewoo will build the barrier, known as a "breakwater" within 30 months, Iraq's Transport Ministry said in […]Raheem Salman reports for Reuters:
Iraq said on Tuesday it had signed a 511 million euro ($690 million) contract with South Korea's Daewoo to build a sea barrier at its planned Grand Faw port in the south of the country.
Under the contract, Daewoo will build the barrier, known as a "breakwater" within 30 months, Iraq's Transport Ministry said in a statement on its website.