GBP = 1.10 EUR

GBP = 1.25 USD

Middle East

EPGI has been awarded the development management role in Basra Oil and Gas International Free Zone, a joint venture with the Free Zone Authority under the Ministry of Finance which provides all the benefits of governmental support, including the provision of dedicated Customs and Immigration, Corporation Tax and Capital Gains exemption, offshore banking, centrally provided services and no foreign exchange restrictions.

BIOGH will additionally provide a number of benefits to the local economy, including the recruitment of over 10,000 Iraqi nationals during the first 12 years of operation and the strengthening of local infrastructure.

The Free Zone will be easily accessed: by road along a number of new highways: by rail; by air from Basra International Airport and on sea via Khor al Zubair Port.