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Bismayah New City Project





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Category Name
Construction

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Location
Baghdad
Iraq

Development Updates
Update TitleDescriptionDate
$230m payment made to Hanwha Hanwha Engineering & Construction have announced that they have received a $230m payment from the Iraq Government. This payment is the latest installment as part of work on the Bismayah New City Project, covering outstanding fees from last year as well as part of this years contract fees. Hanwha E&C has now received $3.4 billion in payments from the total $10.1 billion contract.25/05/2018