Weeks after signing a €500 million contract to build a power plant in Israel, the French engineering giant Alstom wastes no time to partake another high-profile project. This time with Iraq.
With the "memorandum of understanding" signed, BBC reports that Alstom "will hold exclusive talks with Iraqi officials for 12 months to try to strike a final agreement."
Should this project materializes, some 400 miles of rail network will be built. "The line would handle speeds of up to 155 mph," BBC says.