American company seeks investments in Wassit

WASSIT / IraqiNews.com: A U.S. company on Thursday held talks with the Wassit council on the investment opportunities in the province, according to the council’s chairman. “The council discussed on Thursday morning (Oct. 21) investment opportunities with Mike Divhan, director of the U.S. company, the investment opportunities in Wassit,” Mahmoud Abdulreda told IraqiNews.com news agency. “The council highlighted the province’s geographical position as it has long borders with Iran as well as its agricultural areas (around 6.200 million donums),” he added. “Talks focused on the establishment of a corn oil factory and residential compounds,” he said. Kut, the capital of Wassit, is 180 km south of Baghdad. SH (P)/SR 2