HSS clears Baghdad Metro hurdle, cashflow improves


CGSI Research also noted that Iraq’s infrastructure market offered opportunities and the Najat-Karbala rail project could be the next project win.

PETALING JAYA: A major hurdle has been cleared for HSS Engineers Bhd’s Baghdad Metro project, paving the way for earnings recovery and improving operating cashflows in the second half of this year.

In a report to clients, CGS International (CGSI) Research also noted that Iraq’s infrastructure market offered opportunities and the Najat-Karbala rail project could be the next project win.

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