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Sat, 21 Nov 2009 | 08:59 GMT
 

Irish firm to get permission to invest in Basra

Aswat Aliraq
 
 
28 October 2009
BASRA: The Basra Investment Commission is willing to grant permission to an Irish firm to construct 25 thousand residential units, including all their accessories, in the province.

“The Commission will grant permission to the firm within the coming days,” Hayder Ali Fadhil, the Commission’s director, told Aswat al-Iraq news agency.

He said that the company will invest $5 billion in Basra province.

The oil-rich city of Basra lies 590 km south of Baghdad.

© Aswat Aliraq 2009

 
 
 
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