Economy News

Iraq and Jordan sign memorandum on project implementation and reconstruction

The Ministry of Planning announced on Wednesday that Iraq and Jordan signed a memorandum of joint cooperation in the field of project implementation, reconstruction and rehabilitation of infrastructure.

The ministry said in a statement received by the Minister of Planning Nouri Sabah al-Dulaimi and Jordanian Prime Minister Omar al-Razzaz, the Amman capital witnessed the signing of a memorandum of understanding for joint cooperation between the two countries in the field of project implementation, reconstruction and rehabilitation of infrastructure in Iraq”.

“The memorandum was signed by the Director General of the Legal Department of the Ministry of Planning, Hanaa Ismail Ibrahim, and signed by the Jordanian side, Ahmed Al Yaqoub, the head of Jordanian contractors. The memorandum came into force after signing it for five years.”

Al-Dulaimi stressed that the Iraqi Contractors Union has entered into the implementation of this memorandum to enhance cooperation between the Jordanian and Iraqi private sectors in the framework of the Ministry of Planning’s efforts to enhance partnership with the private sector, Ministry for Sustainable Development 2030“.

He pointed out the importance of the memorandum in the development and exchange of experiences and research results and cooperation in the field of postgraduate studies and facilitate the task of completing the practical and scientific aspects of postgraduate students and facilitating the procedures of exporting Jordanian enterprises to Iraq to contribute to the reconstruction efforts and cooperation in the field of contracts and arbitration. Source