ASSESSMENTS

Bid Restriction Could Affect Future Iraqi Projects

Aug 5, 2003 | 16:17 GMT

Summary

The Coalition Provisional Authority has barred any company in which a government owns more than a 5 percent stake from bidding on Iraq's lucrative mobile phone licenses. Although this gives Anglo-American firms an advantage, they still likely will seek to partner with state-owned Middle Eastern firms using GSM-based technology. The state-ownership exclusion likely will be recreated for tenders in other important sectors, including petroleum.

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