How big is the Iraq market in terms of project exports?
In Iraq, the bulk of the contracts will be bagged by American companies. Others may have to share the leftovers. However, Indian companies have done some very good projects in the past, especially in the road sector. Past performance is a positive aspect for Indian companies. Is there any scope for project exports to Afghanistan? In Afghanistan, too, we may get some projects which are difficult to handle (because of geographical or law and order reasons). Which other destinations do you find lucrative for project exports? The Middle East and South-East Asia has scope for project exports. Also, there is scope for exports to our neighbouring countries like Bhutan, Bangladesh and Sri Lanka. What are the new facilities being offered to ECGC customers? Recently, we provided investment insurance for IOC’s project in Sri Lanka as also to a fertiliser project in Jordan. We have revised our rates downwards to the extent of 20-50 per cent. Also, we now provide more options to our customers in te
