German Company Seeks to Increase Investments in Basra

A German company met with the Basra Investment Commission on Wednesday to discuss increasing its investments in the province, according to a commission official.

“The IQ MARTRADE Company is considering investment in berth 8 at Khour al-Zubeir port, and is also keen to establish a factory to make oil pipes in the province,” Ahmad Wahied told Aswat al-Iraq news agency.

“The company has several projects in Basra, including a project in berth 5 at Khour al-Zubeir port,” he noted.

(Source: Aswat Al Iraq )

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