Iraq Signs Strategic Agreement with Power China
Deal News | May 23, 2025 | Zawya
Iraq's Ministry of Electricity has formalized a strategic collaboration with Power China International. This agreement is a significant facet of the Iraq-China cooperative framework and centers on advancing Iraq's electricity transmission and distribution projects. Covered within the terms are essential preparatory elements such as feasibility studies and technical planning, alongside design, supply, and implementation. These steps are pivotal to bolstering the national power grid’s stability and efficiency amidst the rising electricity demands nationally.
Sectors
- Energy & Utilities
- Infrastructure Development
Geography
- Iraq – The agreement is signed by Iraq's Ministry of Electricity and pertains to projects within Iraq to enhance its national power grid.
- China – Power China International, a Chinese entity, is partnering in the strategic agreement, demonstrating cross-border collaboration.
Industry
- Energy & Utilities – The article focuses on electricity transmission and distribution projects, which are essential components of the energy and utilities sector.
- Infrastructure Development – The strategic agreement involves major infrastructure projects to boost Iraq's power grid, relevant to infrastructure development.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Iraq's Ministry of Electricity | Target | Government | The governmental body responsible for managing and enhancing Iraq's national electricity infrastructure. |
| Power China International | Bidding Company | Company | A Chinese company partnering with Iraq to implement electricity infrastructure projects. |