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Feb 14 2012

US companies interested in investment in Wassit province

WASSIT: The Chairman of Wassit's Provincial Council disclosed today that a group of US companies expressed desire to invest in the province, in the fields of oil and transport.

Mahmoud Abdul Redha told Aswat al-Iraq that a meeting was held with American KPO group, where a preliminary contract was signed with them to explore oil and development of asphalt materials.

He added that the group proposed investing a military base west of Kut to transform it into a civilian airport.

Kut, the center of Wassit province, lies 180 km south of the capital, Baghdad.

© Aswat Aliraq 2012

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