KAR Company for Electricity Power Production Ltd.

KAR Company for Electricity Power Production Ltd.

Power
Deals
1
Dealmakers
0
Region
Middle East
Middle East
Country
Iraq

Company Overview

KAR is a privately owned company, established in 1999 with its main headquarters in Erbil with branch offices in most Iraqi Governorates in addition to the offices abroad in Turkey, Jordan and representative in UAE and USA. KAR began its work in the field of engineering and construction projects and focused mainly on the strategic projects in the energy sector (Oil, Gas and Electricity). KAR has accomplished nearly 2400 projects since 2003 in major parts of Iraq province in the rehabilitation of the roads, water supply, sanitation, communication, constructions of schools and hospitals. A part of these projects, KAR has constructed a housing complex in Ashti City with total number of 4500 residential units besides multi story apartment buildings, in addition started the construction of Banu Mall, constructing of 13 story building for KAR main headquarter, and constructing KAR City complex in Duhok with total number of 1000 residential units. KAR Company executed many projects in the field of Oil and Electricity including Khurmala Oil Field, Erbil refinery, several electrical substations in Erbil and Duhok, Najaf cement factory and recently constructing Khurmala Power plant with a capacity of 1000 MW. For all projects, the total number of KAR employees reaches 34000 including specialized engineers, designers, technicians, procurement and construction. KAR is composed of a group of affiliate KAR each being specialized in different type of activity including: investment, construction, transportation, procurement and supply, insurance, security and indicated in profile underneath.

Apartment 8, Naz City, Erbil, N/A

Recent Deals

KAR Company for Electricity Power Production Ltd. ECA Backed Export Finance
$134.48m
Jun 2014
Export & Agency Finance
Conventional power
Middle East
Middle East
Iraq