Iron factory in Wassit

WASSIT / IraqiNews.com: The head of Wassit‘s Investment Commission today laid down the cornerstone for an iron and steel factory at a cost of 24 million dollars.   This is the first factory to be established in the province for the last 40 years, the province’s media director stated.   Majid al-Attabi told IraqiNews.com that the factory will be established in Aziziyah area, 90 km north of Kut, by an Iraqi investor.   The first factory was erected 40 years ago for textile industries, which was governmental.   The factory will provide 150 work opportunities in addition to 15 percent of foreign workers with engineering specializations.   Wassit‘s Investment Commission gave permission, since its establishment in 2007, 10 permits in different sectors.   Kut, the center of Wassit province, lies 180 km south east of the capital, Baghdad. RM (TS)/SR 611