21 May 2012
BASRA: Basra Investment Commission granted a Danish company a license for an industrial project with a cost of 86 million dollars in Um Qasr area, according to a statement.

Director of the Commission Khalaf al-Badran said that the duration of the project shall be 35 years, liable to be extended for another similar period.

The specialization of the project will concentrate on oil pipes in order to support the oil industry in future.

© Aswat Aliraq 2012