Economic News

Forecast to exceed U.S. Iraq to China in the level of economic growth .

Saturday, 14 December / 2 January 2012 15:34

Twilight News / called for U.S. engineering firm Fluor, Saturday, Iraq to invest more in infrastructure for electricity and water to achieve sustainable growth, as predicted over Iraq to China in the level of economic growth.

The head of the unit of energy and chemicals in the Fluor Peter Awstrver in a statement seen by " Twilight News "that" Everyone is talking about oil and gas, but electricity and water are of great importance in the development of Iraq and they lack the development. "

He Awstrver "If all the projects launched in the oil and gas, there will be certainly a lack of power and water supplies in Iraq," likely "to occur similar problems in other countries facing a shortage of water reserves."

Awstrver and optimistic economic prospects for Iraq, saying that "some of Iraq is expected to surpass China in terms of growth in the years to come."

He Awstrver "Even if Iraq did not achieve the economic growth in the double digits, it is optimistic in general."

It is said that the U.S. company Fluor involved in the development field, West Qurna, near Basra, with Exxon Mobil U.S..