By John Lee.
The Iraqi government of has approved plans to build a $472-million industrial city in Anbar Governorate.
According to Zawya, a spokesman for the General Directorate for Industrial Development (GDID) said the contract to develop this project has been awarded to the State Company for Industrial Design and Construction (SCIDC).
Dedicated to small and medium enterprises (SMEs), the site will cover three square kilometres, with extensive facilities including a housing complex, schools and a five-star hotel.
The project is being designed by Malaysian consultants.
About $52 million has already been allocated to the project with the remaining funds earmarked for 2014.