Saturday, April 14, 2007

 

Missan council invites regional and international reconstruction bids

Business, Reconstruction
(VOI) – Missan has received offers from Iraqi, Arab and foreign investors to launch projects in the oil, industrial, agricultural and service sectors in the province, an Iraqi official said on Friday. "The offers came thanks to the province's stable security conditions and investment outlets that would contribute to building infrastructures in the province that suffered from negligence for many decades," Taha al-Dayf, the chairman of the Missan investment committee, told the independent news agency Voices of Iraq (VOI).
Dayf added that the Missan local council had received investment offers from Arab and global corporations in the fields oil, power and establishment of tourist cities, referring to a company that offered bids worth 12 billion Iraqi dinars (roughly 9,436,188 million U.S. dollars) to establish vital projects to re-build the city. "There are other offers "to invest oilfields and build first-class hotels and residential compounds," said Dayf. The local council in Missan, 390 km south of Baghdad, had invited Iraqi, Arab and foreign investors to start business projects in the province namely in the service and infrastructure sectors, praising security conditions in the province compared to other Iraqi provinces.

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