UK Financed 3 Iraqi Projects last year

UKEF

UK Export Finance (UKEF) has published its annual report and accounts for 2017 to 2018, in which it lists three export projects supported in Iraq:

  • Enka UK Construction Ltd received letter of credit guarantees and supplier credit totalling £87,910,650 for the construction of a gas-fired power plant for Iraq’s Ministry of Electricity;
  • GE Global Services GMBH received buyer credit and direct lending totalling £87,211,216 for the construction of a gas-fired power plant for Iraq’s Ministry of Electricity;
  • Fortress Diagnostics Ltd received export working capital of £112,258 to supply healthcare equipment to Iraq’s Ministry of Health.

(Source: UK Govt)

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