Iranian firm to build factory in Iraq

Iranian firm to build factory in Iraq
Published: 02 October 2008

An Iranian firm has been offered an investment license to build a cement factory in southern Iraq by provincial authorities in Thi-Qar.

"The Thi-Qar Investment Board has given a UAE-based Iranian firm an investment license to build a cement factory in the province, "Mohamed Aziz al-Hindawi, Marketing Director for Thi-Qar Investment Board, told Aswat al-Iraq news agency.

According to a press tv report, Hindawi did not provide additional information on the cost of the project or its likely start but said that "negotiations were in final stages."