3 Arab & Foreign Companies Wish to Invest in Karbala

Three delegations of Arab and foreign companies have visited Karbala to implement investment projects in it, a media spokesman for Karbala investment commission said on Wednesday.

“The delegations visited the city to be acquainted with the investment opportunities and its needs,” Raed al-Asali told Aswat al-Iraq news agency.

“The companies are; a Bahraini interested in implementing housing and industrial projects and a German company, specialized in agricultural projects, while the third is a Russian company which is specialized in hotel, agricultural and industrial projects,” he added.

Karbala is 110 km southwest of Baghdad.

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