The Mytilineos group declared its advancement in discussions with the Chinese state construction company SEPCO, in order to make a successful joint undertaking of 1.05 billion US dollars in a project in the country of Iraq. The report has been released on this Monday.
Group subsidiary METKA has already received a formal concession letter from the Electricity Ministry of Iraq for the construction of a combined cycle electricity production station in the province of Al-Anbar, western Iraq.
It has been reported that the project will end in 32 months. Presently, METKA is in the process of drafting the blueprint of the contract. Athens-listed METKA has been acknowledged internationally as an EPC (engineering, procurement and construction) company for specialized power production projects.
In the region of Middle East and Europe, the company mainly operates. Presently, it is working in the countries, like Syria, Turkey, Jordan and Pakistan.
Updated 16 May 2013 | Soruce: Ekathimerini | By S.Seal