Korean companies like Iraq dispatch

Or so reports the Oranckay:

The Federation of Korean Industries, the country’s chaebol tycoon club, says that the economic effect of sending additional troops to Iraq would be US$10.2 billion by 2008.
The Korean Chamber of Commerce and Industry reports that seven out of ten companies are for sending troops.

Oh, and lets all give Korea a round of thanks for its generosity in Madrid, coming out of that meeting as the 8th largest contributer to the post-war reconstruction of Iraq (one spot behind Saudi Arabia and one spot above Canada). $260 million may not sound like a whole lot, but apparently it’s a lot more than what either Germany or France are willing to pump into a post-Saddam Iraq.

5 Comments

  1. SteveCarroll your flag
    Posted October 27, 2003 at 9:08 am | Permalink

    “2???6?짼흹?짠흸??????” = $260 million, not $260 billion.

  2. Posted October 27, 2003 at 9:31 am | Permalink

    Shit - typo on my part (happens when you post at 2:30 in the morning). Being corrected now.
    Thanks for the heads up.

  3. dda your flag
    Posted October 27, 2003 at 11:11 am | Permalink

    How much of this money will be used for the Iraqis and how much will go into the coffers of companies “selected” (ahem) for the reconstruction of the country is debatable, and as muddy an issue as the tenders that have been organised(?) so far. While I don’t always agree with my government’s policies, especially on the Middle East affairs, I do agree with the French-German decision to wait out.

  4. Posted October 27, 2003 at 1:37 pm | Permalink

    May they wait it out forever.

  5. Zakir your flag
    Posted April 12, 2004 at 2:05 pm | Permalink

    Dear Sir,

    I am a Bangladeshi man. How can I participate to rebuild and serve Iraq and Afganistan? I lived in Iraq for 5 years with Hyundai , a Korean Company.

    Truly yours,

    Zakir
    zhumpu1@hanmail.net

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