Tuesday, May 08, 2007
British Cypriot company to bid on $3 bn airport to be built in Karbala
Reconstruction, Business
(Al Mada Newspaper) - 7 May - Yesterday, the Karbala Governorate Council Chief, Abd Al Awl Yassiri, stated that the council has received the necessary approval to construct an international airport in Karbala. Al Yassiri added that a British Cypriot company made a bid to carry out the project while a Kuwaiti investor announced his interest in funding this project which will cost three billion dollars.
The British Cypriot company confirmed that the airport will be prepared to bring the world’s largest aircraft in a year after the project begins. The Kuwaiti investor said that there will be eleven different kinds of fees and taxes at the airport. He wants to receive a portion of these fees for his investment. Muhsin Al Kinnani, a Communications and Transportation Committee member and Al Yassiri discussed with steps to be taken to carry out this project with the PM’s Advisor, Ali Al Sadawi. During the meeting, Al Yassiri requested that the central government should partially fund this project because this project will benefit the entire country.
COMMENT: Karbala is a city in Southern Iraq which houses the tomb of the best-loved martyr, Abbas, who died there with Hussain ibn Ali in the Karbala massacre of AD 680. Karbala is the Mecca and Medina, as it were, of Iraq and thousands of Shia pilgrims travel to there every year creating a spin-off large 'tourism' industry. COMMENT ENDS.
Labels: Abd Al Awl Yassiri, airport, Britain, Cyprus, Karbala, Kuwait
