Port construction company Archirodon has told a US judge that Iraq is holding back on paying for building the world’s longest breakwater serving the vast Al Faw Grand Port project.
The Cyprus-based builder is asking the US District of Columbia to force the General Company for Ports of Iraq (GCPI) to pay some $105m, including costs and interests, pursuant to a Geneva arbitration award made three years ago.
The lawsuit also names the Republic of Iraq and the Ministry of Transport, which is the GCPI’s parent.
