Turkey wins contracts in Iraq

Monday, August 18, 2003

ANKARA Turkey reports winning the first reconstruction projects in Iraq.

Officials said Turkish contractors have won awards for projects to construct hospitals, residential units and upgrade oil pipelines and factories in Iraq. They estimated the contracts at $90 million.

Turkey's Minister of State for Foreign Trade Kursat Tuzmen said the contracts were already being executed. Tuzmen said he expected additional Turkish contracts to be awarded in Iraq.

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Tuzmen said Turkish contractors have won awards in Iraq worth $430 million since the end of the U.S.-led war in April. He said this could increase to as high as $800 million before 2004.

In June, the minister said, Turkey's exports to Iraq increased by 187 percent as compared to same period in 2002. In July, the increase was 197 percent.

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