$1b. contract signed to overcome water shortage in Baghdad

BAGHDAD / IraqiNews.com: Baghdad’s mayor on Sunday signed a $1 billion contract with two Iraqi and French companies to combat the shortage of water in the capital Baghdad. “The giant Rasafa water project, which is the largest in Iraq and the entire region, will solve the shortage of pure water in Baghdad city once and for all,” according to a statement released by Baghdad’s mayoralty and received by IraqiNews.com. The cost of the first stage of the project exceeds $1 billion U.S. dollars, with a completion period of 28 months, the statement quoted Baghdad’s mayor, Sabir al-Issawi, as saying. SS (P) 1