Wednesday, May 16, 2007

 

Louis Berger, Versar Inc. awarded large contracts in Iraq

Contracts
(FedBizOpps) - Agency for International Development, Overseas Missions has awarded a contract for $342,901,758, for INMA (Growth) intended to improve agricultural productivity and provide agricultural business development services to USAID beneficiaries in the 18 governorates in Iraq.
(Washington Business Journal) - Versar Inc. has received $20.3 million in orders to provide management services to support the Army's reconstruction efforts in Iraq. The new delivery orders come from the first option year of Versar's existing contract to provide services for about 360 personnel involved in construction management in Iraq. The Army Corps of Engineers awarded the orders to Springfield-based Versar, a program management company.
Versar said that these delivery orders increase the company's work by nearly 50 percent from what was originally planned. The orders are expected to be completed by April 2008. Performing the work is VIAP, Versar's international division in Iraq. Ted Prociv, president and CEO of Versar (AMEX: VSR), said the company's work in Iraq should result in more business opportunities overseas.

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Wednesday, April 11, 2007

 

Iraqi banking industry conference held in Iraq

Finance
(USAID) - Iraqi banking industry leaders and international banking experts gathered in Amman, Jordan April 4 to 5 for the first Iraqi Banking and Finance Conference, Banking in Iraq: The 21st Century Challenge. More than 200 delegates attended the two-day conference, organized by the U.S. Agency for International Development (USAID) through its Izdihar Private Sector Growth and Employment Generation and Economic Governance II projects.
Conference participants included representatives from the Central Bank of Iraq, Government of Iraq agencies, regulators, Iraq private and state owned banks, regional and international banking groups, non-bank financial institutions, bank training and certification organizations, banking experts and international donors.

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