28 April 2012
BASRA: Basra Investment Commission granted four licenses with a cost to 298 million dollars.

According to a statement, the projects are in fields of industry and trade.

One of the projects is connected with Iron and Steel Factory with a cost of 214 million dollars, while the other one for iron plates with a capacity of 250.000 tons annually.

Basra is one of the secured provinces that encouraged investment companies to start their projects there.

© Aswat Aliraq 2012