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 Invest Kurdistan, Inc (IKI) and (KIC) Signed an MOU to Build Power Plants and a Refinery in Kirkuk, Iraq  

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Invest Kurdistan, Inc (IKI) and (KIC) Signed an MOU to Build Power Plants and a Refinery in Kirkuk, Iraq  31.3.2010 

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“Invest Kurdistan, Inc (IKI) and Kirkuk Investment Commission (KIC) Signed an MOU to Build Power Plants and a Refinery in Kirkuk, Iraq”

March 31, 2010


La Jolla, CA/Kurdistan region, 'Iraq',— Invest Kurdistan, Inc. (IKI) recently signed a critical MOU with the Kirkuk Investment Commission (KIC). The agreement awards Invest Kurdistan Inc. KIC’s permission and full cooperation to build two fossil fueled power plants, a solar power plant, and a refinery. “Not only will these projects improve the lives of the people of Kirkuk, but they will also create many jobs”, Robert Yae, the founder of IKI, says.

The two fossil fueled power plants along with the solar power plant are very crucial to the people of the region. Iraq, including Kirkuk, has been for a long time suffering from the lack of electricity.                   
Even though the two parties realize the three power plants will not solve Kirkuk’s electricity problem entirely, they do hope the power plants will solve a large portion of the problem.

Taza is the planned location of one of the fossil fueled power plant. The Taza power station will have the capacity to generate 260*1 MW of power. The second fossil fueled power plant will be built in Dibis with the potential of generating up to 160 MW*4.

Kirkuk is a city which has the most oil reserves in Iraq, so it is no wonder that KIC is taking steps towards taking advantage of Kirkuk’s natural resources by building a refinery. The refinery is expected to refine 150,000 barrels per day. The location of the refinery is unknown at this time but as time goes by more of the project details are expected to be released to the public.

About Invest Kurdistan, Inc. – The “More Jobs, Better Life” company

Invest Kurdistan Inc. is a consulting firm with offices in USA, Korea, and Kurdistan. It provides consulting for many different industries. Through IKI the Kurdish/Iraqi government and businesses will be connected to all the major industries in the world. IKI’s focus is to create more jobs and enhance the quality of life in the region.

To learn more about Invest Kurdistan, Inc. please visit www.investkurdistan.com

Invest Kurdistan
Contact: Robert Yae, President
Invest Kurdistan, Inc.
7560 Eads Ave. Suite 2
La Jolla, CA 92037
Robert@investkurdistan.com

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