By John Lee. Najaf Investment Commission has reportedly signed an initial agreement with a Hong Kong-based company to build a monorail for the city. According to Xinhua, the head of the commission said: "The project will provide an accessible and fast transportation way to the people of the city as well as all tourists." (Source: […]
Tag Archives | Najaf Investment Commission
Najaf Attracts $7 Billion in Foreign Investment
By Editor on 11th April 2012 in Construction & Engineering In Iraq, Iraq Industry & Trade News, Leisure and Tourism in Iraq
Azzaman reports that the holy city of Najaf has turned into a hub for foreign investments, mainly in areas of housing and tourism, as numbers of foreign pilgrims to the city surge. The head of Najaf Investment Commission, Wafi al-Bahhash, said an estimated $7 billion had been invested, adding that his commission granted new licences […]
Tags: Najaf, Najaf Investment Commission
Najaf Grants $56m Investment Licences
Najaf Investment Commission announced on Tuesday that it has granted two investment licenses worth a total of $56 million. According to AKnews, one is to build a residential complex in Manathira district, and the other is to build a tourist hotel in Najaf city. Wafi al-Bahhash, the head of the commission, told AKnews that the […]
Six New Investment Licences in Najaf
By Editor on 14th April 2011 in Construction & Engineering In Iraq, Iraq Industry & Trade News, Iraq Oil & Gas News, Leisure and Tourism in Iraq
Najaf Investment Commission has announced that it granted six new licenses for investment in various sectors, with a total value of $98.5 million [115 billion Iraqi dinars]. The head of the board, Wafi Albhash, told AKnews that the investment licences included: a five-star hotel valued at $36.2 million, consisting of 12-storeys, 210-rooms and 10 hotel […]
Tags: Najaf, Najaf Investment Commission