Iraq's Baghdad governorate has requested large funds from the central government to restart projects that have been stalled over the past few years due to security problems and cash shortages, the local media reported on Sunday.

The projects include Baghdad city's entrances, parks, houses, Al-Horriya Hospital with a capacity of 400 beds, other hospitals under construction with a combined capacity of 475 beds, and infrastructure projects, Mawazin News and other publications said, quoting Baghdad's Governor Mohammed Al-Atta.

"We have requested funding for all stalled projects and shelved any applications for new projects for the time being...those projects which need to be completed require large funds as part of the 2020 budget," he said.

(Writing by Nadim Kawach; Editing by Anoop Menon)

(anoop.menon@refinitiv.com)

#Iraq #Baghdad #Construction

Disclaimer: This article is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Read our full disclaimer policy here.

© Thomson Reuters Projects News 2020