Rolls Royce, Shell attend economic conf. in Basra next week

BASRA / IraqiNews.com: A large economic conference will be held in Basra next week, to be attended by major corporations including Rolls Royce and Shell, the province’s governor said on Thursday. “The event will be held on Monday at the Basra International Airport in coordination with the local administration and the British consulate,” Mohammed Mosbeh al-Waeli told IraqiNews.com news agency. “The one-day event aims to lay out an investment map for the city that boasts a strategic importance, neighboring three countries: Iran, Kuwait and Saudi Arabia,” he added. Waeli noted that the conference will offer a good chance to put global firms into the genuine picture of investment in the city in the forthcoming stage, particularly investing in the Basra International Airport and also in the fields of gas, oil, industry and tourism. The oil-rich port city of Basra lies 590 km south of the Iraqi capital Baghdad. AmR (S) 1