Announcement
28 May 2025
In May 2025, UK Export Finance (UKEF) announced it would provide financial support with a maximum liability of GBP 98.5 million for the Five Substations Project in Iraq, which involves UK Grid Solutions Limited supplying and constructing electrical substations.
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
28 May 2025
Revocation date:
No revocation date
Updated: 17 Jun 2025
Local value added incentive
In force
On 28 May 2025, UK Export Finance (UKEF) agreed to provide financial support for the construction of electrical substations in Iraq. The project involves the construction of five new electrical sub...
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Updated: 17 Jun 2025
Trade finance
In force
On 28 May 2025, UK Export Finance (UKEF) announced that it had approved approximately GBP 98.5 million (USD 132.3 million) in support to the Ministry of Finance of Iraq for the implementation of th...
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