Iraq: IVI Holding has signed a US$240m engineering, procurement and construction contract with Sinoma Overseas to build a new 6000t/day cement plant in Al-Muthanna Province.
The agreement was signed in Dubai on 9 May 2025 by IVI Holding chair Hussein Shamara and Sinoma Overseas chair Linhe Zhu.
The project forms part of the Iraqi government’s US$1.17bn industrial programme for Muthanna announced in April 2025.
