$234m Resort to be built in Basra

By John Lee.

Oil Minister Jabar Ali al-Luaibi [Allibi, Luiebi] (pictured) has announced the construction of a tourism and entertainment resort in Basra, to “honor and appreciate its role to support the national economy as a generous oil governorate.

The $234-million Muftiya City project has been awarded to an international holding company he named as Daiko.

The land to be used for the project is owned by the oil products distribution company.

According to information previously released by the Ministry of Oil, the 38-acre water city will included a waterpark, a leisure resort for families, and an aquarium. There will also be a zoo over 52 acres, a closed football stadium, Olympic swimming pool, sports and entertainment facilities, and restaurants.

(Source: Ministry of Oil)

2 Responses to $234m Resort to be built in Basra

  1. ARAZ JAWHER May 3, 2018 at 3:39 pm #

    CANNOT FIND DAIKO COMPANY ONLY ONE IN JAPAN , IT IS AN ADVERTISING COMPANY WITH CHINEES AND HONG KONG EXPANSION

  2. Ibn Al Iraq May 8, 2018 at 8:16 am #

    Sir,

    Excited to hear about this interesting resort within Basra. Its about time! Thank you

    I trust this will encourage others to be positive to develop similar projects with high quality and environment friendly.

    The Iraqi Gov and local Council should thrive to support these kind of initiatives until completion and full operation. In return these investors should also pay their taxes and other liabilities to the Gov and have a solid social responsibility to the community.

    God Bless Iraq

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