Tuesday, 30 August 2011

US companies in Iraq: touting for business | beyondbrics – FT.com

As the US starts the withdrawl of its remaining 40,000 troops in Iraq, with December 31st as the deadline, US officials are trying to shore up the position of the American business community.

With US economic growth slowing fast, US companies are increasingly keen to exploit the potential of Iraq’s post-war recovery – despite the considerable risks involved. One example is 360 Architecture, a Kansas City-based design company, which is building a glitzy sports complex in the southern oil centre of Basra.

With the 2013 Gulf Games scheduled to be held in Iraq, the public relations-conscious government was looking to build a stadium and facilities for athletes.

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