Article: “J.P. Morgan backs financing for Iraq’s $1.6 billion Basra industrial project” Quote: “KAR Electrical Power Plant Production Trading FZE (KEPPT) has hired J.P. Morgan to arrange development finance for a $1.6 billion urea plant in Basra, one of Iraq’s biggest private industrial projects…J.P. Morgan’s involvement is a major vote of confidence in
Iraq.” :Clare
