$162m “Basra Times Square” Project Gets Green Light

By John Lee.

Basra Investment Commission (BIC) has granted an investment licence for a $162-million tourism project in central Basra.

Khalaf al-Badran (pictured), Chairman of the BIC, said:

The license for the ‘Basra Times Square’ project was granted to Dier Company for Contracts … This project will achieve great benefit and will be a remarkable milestone in the province.

The project, to be build on a 31,000 square meter site, is intended to run for 35 years.

(Source: AIN)

One Response to $162m “Basra Times Square” Project Gets Green Light

  1. HAM July 28, 2012 at 11:31 am #

    Could somebody tell me the official page of the company oN which the licence was granted. Thank YOU