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South Korea's STX Heavy Industries Could Obtain $6.2 Billion in Iraqi Project Packages, an Industrial Info News Alert


March 29, 2011 - Cairo, Egypt

Researched by Industrial Info Resources (Sugar Land, Texas) -- Post-war Iraq has massive plans for reconstruction and development in different regions. The Iraqi government is signing many contracts and agreements for cooperation with experienced investment and development companies. In January of this year, an official source in the information department in Basra province, said to the Iraqi southern region media network that a delegation from South Korea's STX Heavy Industries, a subsidiary of STX Corporation (SEO:011810) (Jinhae, South Korea) met the governor of Basra, Cheltagh Abboud Mayah, to sign an agreement to construct a steel mill complex.

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Industrial Info Resources (IIR), with world headquarters in Sugar Land, Texas, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. IIR's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. For more information send inquiries to metalsandmineralsgroup@industrialinfo.com or visit us at www.industrialinfo.com.

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