Basra’s Investment Commission (BIC) announced on Sunday that the Kuwaiti Bukhamseen Group [Bukhamsin] visited its premises to show engineering designs for a number of projects, and to learn about possible future investment projects in the province.
Director of the Commission, Haidar Ali Fadhil, told Aswat al-Iraq that the delegation proposed a palm tree plantation, concrete factory, and 5-star hotel on the banks of the Shatt al-Arab.
Both sides discussed possibilities of investing in iron and steel manufacturing in the province.
Fadhil added that one of the items discussed was the building of a recreational city with an area of 300 donums.
The company also visited Karbala in January.
(Sources: Basra Investment Commission, Aswat al-Iraq)