An Italian company is planning to build a new shopping mall in Basra, a source from the Basra local council said on Tuesday.

“A delegation from the company, which belongs to the Italian energy giant ENI, held a meeting with Basra’s governor and a number of local officials to discuss the establishment of a large mall in Basra,” Sadeq al-Safi, the governor’s economic adviser, told Aswat al-Iraq news agency.

“The company expressed interest in carrying out several investment projects in Basra,” he added.

“The local government makes every efforts to encourage investment and to facilitate investors’ in the province,” al-Safi noted.

(Source: Aswat al-Iraq)

(Picture: Galleria Vittorio Emanuele II, Milan, Italy.)

The Ninewa Investment Commission approved the building of a large shopping mall at a cost of 34.260 billion Iraqi dinars ($29 million), according to Aswat al-Iraq on Monday.

The mall will be in the al-Nour neighborhood of eastern Mosul, and it will be built by a Turkish company.

This is the Commission’s 29th investment permit.

(Source: Aswat al-Iraq)