Foreign and Commonwealth Affairs written question – answered on 30th March 2004.

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Photo of Mr David Stewart Mr David Stewart Labour, Inverness East, Nairn and Lochaber

To ask the Secretary of State for Foreign and Commonwealth Affairs what the extent is of British companies' involvement in the reconstruction of Iraq.

Photo of Mike O'Brien Mike O'Brien Minister of State (Trade), Department of Trade and Industry, Minister of State (Trade), Foreign & Commonwealth Office

British companies are playing an important role in the reconstruction process of Iraq. In the recent tranche of contracts worth a total of $5 billion, British companies in joint venture with US companies have won substantial contracts in the Electricity and Public Works and Water sectors, worth in excess of $1.5 billion.

My hon. Friend was in Basra and so knows British companies are also active in the banking, ports, construction, telecoms, security, legal services and consultancy sectors.

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