Tag Archives | Karbala Investment Commission

New Housing Complex to be Built in Karbala

Karbala Investment Commission has laid the cornerstone for the housing complex in the Zahra neighborhood in Hindiya district, southern Karbala. The deputy chairman of the Commission, Ahmed al-Maliki, said the project would involve 500 housing units, an elementary school, kindergarten, nursery, markets, public parks and infrastructure services. It will be built on a 60-acre site […]

Work Starts on $200m Karbala Housing Project

By John Lee. The director of Karbala Investment Commission has announced that the cornerstone for a major housing complex has been laid. Ta'if Abdul Hussein told Aswat al-Iraq that the project will be implemented by a Turkish company along the highway linking Karbala and Najaf. The project consists of 1260 housing units, with associated infrastructure, […]

Iranian Firm Wins $48m Recycling Project in Karbala

The director of Karbala Investment Commission, Taef Abdul Hussein, has announced that an Iranian company will shortly build a waste recycling plant 10 km south of Karbala city. According to the report from Aswat al-iraq, the $48 million plant will process glass, wood and fertilizers, and will produce electricity. As a result of religious tourism, the city […]

$850m Housing Projects for Karbala

The Karbala Investment Commission laid the cornerstone for four housing developments valued at a total of $850 million [1 trillion Iraqi dinars], and consisting of about 11.000 housing units, Media Director Raed al-Asali told Aswat al-Iraq: The first project will be carried out by a Chinese company to erect 1,300 housing units in Hur area, […]

Karbala gets New Investment Commission

Aswat al-Iraq reports that a new investment commission was elected in Karbala on Monday. Nisai'if Jassim, the deputy chairman of Karbala's Provincial Council, told the agency that the previous commission has completed its legal term of three years service, and that five new members joined the commission. He hoped that the new commission will study […]

New Industrial Development in Karbala

The Karbala Investment Commission has granted an investment license to an Iraqi company to build an industrial compound at a cost of $39 million, the chairman of the KIC said on Wednesday, according to a report from Aswat al-Iraq. “The KIC gave an investment license to an Iraqi company to implement a project to set […]