Irish firm to get permission to invest in Basra

BASRA / IraqiNews.com: The Basra Investment Commission is willing to grant permission to an Irish firm to construct 25 thousand residential units, including all their accessories, in the province. “The Commission will grant permission to the firm within the coming days,” Hayder Ali Fadhil, the Commission’s director, told IraqiNews.com news agency. He said that the company will invest $5 billion in Basra province. The oil-rich city of Basra lies 590 km south of Baghdad. MH (P)/SR 1