First residential project in Kut

WASSIT / IraqiNews.com: Two local companies on Monday started implementing the first residential project in Kut at a cost of $41 million, according to the head of investment commission. “The project will be implemented by two local companies with U.S. and British administration,” Dr. Satter Jaber told Iraqi News. “The project, which will be carried out in two years, envisages establishing 848 apartments, two schools, a medical center, malls, communication center and electricity and water networks,” he noted. Kut, the capital of Wassit, lies 180 km southeast of Baghdad . SH (P)/SR 1