Lebanese firm to construct 15 thousand residential units in Karbala

KARBALA / IraqiNews.com: Karbala’s investment commission on Wednesday signed a Memorandum of Understanding (MoU) to construct 15 thousand residential units to the west of Karbala city, said the commission’s spokesperson. “The project will be finalized within around 5 years,” Ahmed al-Asali told IraqiNews.com news agency. “The units’ areas will vary between 100 to 300 squared meters,” he said. Al-Asali did not mention how much the project would cost. The holy city of Karbala lies 110 km southwest of Baghdad. MH (P)/SR 1