US companies interested in investment in Wassit province

WASSIT / IraqiNews.com: The Chairman of Wassit‘s Provincial Council disclosed today that a group of US companies expressed desire to invest in the province, in the fields of oil and transport. Mahmoud Abdul Redha told IraqiNews.com that a meeting was held with American KPO group, where a preliminary contract was signed with them to explore oil and development of asphalt materials. He added that the group proposed investing a military base west of Kut to transform it into a civilian airport. Kut, the center of Wassit province, lies 180 km south of the capital, Baghdad. RM (TP)/SR 788