Companies from Turkey, Canada and Australia are competing to build a new airport in Iraq on an investment basis, the official Alsabah newspaper reported on Tuesday. 

The cabinet has just approved an initial 100 billion Iraqi dinars ($68 million) from the state budget to the project in the Western Al-Anbar Governorate, Iraq’s largest province which borders Iran, the paper said. 

It quoted Al-Anbar’s Governor Ali Farhan as saying an international company is preparing the designs for the airport, which has been on the cards for several years. 

“Companies from Turkey, Canada and Australia have offered to build the airport as an investment opportunity….we have offered this project as investment after receiving approval from the competent authorities,” Farhan said. 

He said the project would be spread on an area of around 7.5 million square metres but he did not mention project costs or identify those companies. 

(Writing by Nadim Kawach; Editing by Anoop Menon)

(anoop.menon@refinitiv.com

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