Negotiations
MAACO Group entered in deep negotiations with the local government of Basra Province for the purposes of re-constructing the infrastructure of the province which have been already planned and set by the local government. These ambitious plans taking advantage of the fiscal revenues that began generating from the share of the province from the crude oil fields located in it based on the principle of (Petro-dollars), which began work in Iraq recently.
Generally, the projects that are currently discussing at the current stage are:
- The establishment of small and medium electric-power generation plants for feeding the cities of the province in electric power as a kind of reference to the national power grid which does not feed and cover the province needs 100% at the present time.
- Update and expansion the electric-power convert stations through the provision of the required equipments and generators.
- Provide lines for electric-power transmission.