Iraqi Grid Requires $15 Billion In Investment, Experts Say.

Substantial investment will be needed to increase Iraq's electricity generation capacity 75% and strengthen its transmission grid by 2009. Iraq's electricity minister and his U.S. advisor have estimated the cost at up to $15 billion. Peter Gibson, chief U.S. advisor to the Iraqi Electricity Commission, and Karim Hassan, the electricity minister, represent the U.S.-Iraqi cooperation needed to rebuild the country's fragile infrastructure. Much investment will focus on making up of certain shortcomings in the project.