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Iraq enters into a contract with a Kuwaiti company to build the airport
Today has been the signing of a contract between Diwaniyah Iraqi province Inc. (Nasiriyah) Kuwaiti establishing Diwaniyah Commercial International Airport in the presence of Deputy Prime Minister Bahaa al-Araji.
He said al-Araji told a news conference on the sidelines of the signing of the contract, which was attended by Kuwait's ambassador to Iraq, Ghassan Al-Zawawi and deputies in the parliament ceremony Iraqi for Diwaniyah province and a delegation from the company in addition to the head of the Iraqi Investment Commission Sami al-Araji, 'that the investment a new experience in Iraq, but we were not successful, significantly during the previous years, despite the fact that the investment made efforts quality to find quality investment projects' noting that the lack of success in investment over the previous years was because of the security conditions in Iraq and the region.
He said 'If the investment is needed, it has become today an urgent need to find projects paid by the companies to be reimbursed according to the conventions and an example of this important project, which met today for him.'
from For his part, the governor of Diwaniyah Ammar civil said that 'the total cost of the project will amount to 350 t $ 1 billion, including $ 430 million earmarked for the establishment of the airport.'
civil and added that 'the project will be implemented in three phases and for a period of five years from the first stage of it start to build the airport and the second phase of the free zone and stage The third project major commercial area. "
He stressed that the 'management of the project will be by the Kuwaiti company for 45 years and is during this period would give 10 percent of profits to maintain' pointing out that 'the project will provide more than eight thousand jobs for the people of the province. "
In turn, said that Investment new experience in Iraq, but we are not successful in large which in previous years despite the fact that the investment made efforts quality to find quality investment projects.
The Iraqi cabinet approved on 30 August to create the airport to be one of the most important investments in the areas of central Iraq .
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Today has been the signing of a contract between Diwaniyah Iraqi province Inc. (Nasiriyah) Kuwaiti establishing Diwaniyah Commercial International Airport in the presence of Deputy Prime Minister Bahaa al-Araji.
He said al-Araji told a news conference on the sidelines of the signing of the contract, which was attended by Kuwait's ambassador to Iraq, Ghassan Al-Zawawi and deputies in the parliament ceremony Iraqi for Diwaniyah province and a delegation from the company in addition to the head of the Iraqi Investment Commission Sami al-Araji, 'that the investment a new experience in Iraq, but we were not successful, significantly during the previous years, despite the fact that the investment made efforts quality to find quality investment projects' noting that the lack of success in investment over the previous years was because of the security conditions in Iraq and the region.
He said 'If the investment is needed, it has become today an urgent need to find projects paid by the companies to be reimbursed according to the conventions and an example of this important project, which met today for him.'
from For his part, the governor of Diwaniyah Ammar civil said that 'the total cost of the project will amount to 350 t $ 1 billion, including $ 430 million earmarked for the establishment of the airport.'
civil and added that 'the project will be implemented in three phases and for a period of five years from the first stage of it start to build the airport and the second phase of the free zone and stage The third project major commercial area. "
He stressed that the 'management of the project will be by the Kuwaiti company for 45 years and is during this period would give 10 percent of profits to maintain' pointing out that 'the project will provide more than eight thousand jobs for the people of the province. "
In turn, said that Investment new experience in Iraq, but we are not successful in large which in previous years despite the fact that the investment made efforts quality to find quality investment projects.
The Iraqi cabinet approved on 30 August to create the airport to be one of the most important investments in the areas of central Iraq .
[You must be registered and logged in to see this link.]
