Basra’s $1.3 billion Development Plan

The Chairman of the Development Committee of Basra Council announced on Friday that he had completed a 1.58 trillion Iraqi dinar [$1.3 billion] plan for the province.

Mustapha Attiya told Aswat al-Iraq that the figure “covers the allocations granted for Basra Province, including the Region’s development budget, as well as the revenues of the petrodollar budget.”

The province will see several large and important projects in various sectors, with priority being given to electricity and water.

(Sources: Aswat al-Iraq, Eye Media)

2 Responses to Basra’s $1.3 billion Development Plan

  1. Mustafa September 27, 2011 at 1:06 am #

    As a foreign Contractor and after 8 months residence in Basrah, I clearly see that these gentleman are not capable of signing that kind of contracts. Because they have no idea about the construction progress and everybody in the related committee is trying to get a commission and looking for Companies to deal with. Nobody cares the project or the quality of the works. So, for Basrah, even they have billions of dollars, I don’t think that they can do a big project with this management.

  2. Amir October 18, 2011 at 7:53 pm #

    Looking at progress I saw over last 3 years, I belive Basra will be onw of the most growing states with huge improvement in capabilties and ability to deliver. I experienced development of other nations capabilities from much worst position and transperancy and can see Basra as great invistment opportunity. Similar to other markets in gulf, social emotional intellegence is key and best way is to hire people who understand culture and interested in Iraq devwlopment beside making money.