Iraq’s central Al-Diwaniyah governorate is planning to award large projects on an investment basis in 2015, including the much-delayed 1.3-billion-dollar airport contract and a 210-million-dollar cement plant.
Deputy Chairman of the authority, Hussein Al-Yassiri said, “The investment authority in Al-Diwaniyah has prepared large investment opportunities for this year, including the civilian airport at a cost of 1.3 billion dollars.”
He further informed that the project also consists of a 210-million-dollar cement plant and five other investment contracts worth around 250 million dollars.
He mentioned, “We are also preparing the designs for an industrial zone….our previous projects concentrated on services but the planned projects for this year are devoted to industry, trade and development…besides the airport, they could exceed $one billion.”
Officials said early this year the airport project, with an area of around seven square km, also involves the construction of a free zone, a business service area and other facilities.
It was reported that the project will be carried on the basis of investment to Kuwait’s Al Nasiriyah Al Kuwaitiah general trading and contracting company, while the German firm will focus on designing the project.