Firms eye quick profits in Iraq, but fear security

Newswire

By Emma Ross-Thomas MADRID, Oct 23 (Reuters) - Foreign companies see vast opportunities to make quick profits in post-war Iraq, executives said on Thursday, but concerns about crime and violence will stop some firms taking the leap any time soon. "To generate profitability? For a company? I'd say within a year," John Hopkins, group president of U.S. engineering firm Fluor , told Reuters during a conference on private investment in Iraq. More than 300 firms from some 50 countries met ...

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