Babel grants 3 investment projects

BABEL / IraqiNews.com: Babel’s investment commission granted three investment permits to Iraqi businessmen for a total of $35.2 million, the commission’s director general said on Monday. “One of the permits is for a new compound to produce construction materials, the second for a compound to produce Oxygen and Nitrogen gases, and the third for a factory to produce mineral water,” Engineer Alaa Harba told IraqiNews.com news agency. “The commission is currently studying other potential investment permits,” he said. Hilla, the capital city of Babel province, lies 100 km southwest of Baghdad. MH (P)/SR 1