Romanian company to implement residential project in Basra

BASRA / IraqiNews.com: A Romanian company has received initial approvals to implement a residential project in Basra, according to an official from the Basra Investment Commission (BIC). “The BIC granted its initial approval to a Romanian company to carry out a residential project, which will include 6200 units in al-Kazieza region, northern Basra,” the source told IraqiNews.com news agency. “The project will be implemented in four stages; every stage will include 1600 units,” he added. “The project will receive the final and official agreements soon,” the source said. Basra is 590 km south of Baghdad. SH (P) 4