Wasit Provincial Council is currently puting a committee together to discuss plans to transform Damlaj Lake into centre for tourism, according to a report from AKnews.
The panel will discuss how to increase the 435 sq km lake's capacity of water storage, and to attract and discuss investment opportunities with foreign and domestic companies.
The proposed plans include of a paved road to provide accesss to the lake, and will also take advantage of the abundant wildlife in the area such as fish and rare birds.
Salam Mazaal Ekalm, the deputy governor of Wasit's Agriculture and Water Resources Affairs, told AKnews that there is already interest from Iran.
"The Commission accompanied an Iranian delegation representing a group of companies to the lake and they expressed their willingness to invest the site," he said.
The committee will be comprised of representatives from the executive and legislative powers as well as representatives from the Agriculture and Water Resources, Environment, and Tourism departments of Wasit and the manager of the estuary project.
Eklam said they will be responsible for "making it an important economic and tourist landmark", and is its hoped that the province will benefit from significant financial returns.
Two-thirds of Damlaj Lake lies in the Wassit province and the rest belongs to Diwaniyah.