BASRA / Aswat al-Iraq: An investment permit will be given to an Iraqi-Turkish company to establish residential compounds for oil firms in Basra, a local source said on Tuesday.

“The project includes the building of 200-300 square-meter modern units on land belonging to the state-run oil companies in Basra,” an official from the investment commission in the province, Eng. Ahmed Waheed, told Aswat al-Iraq news agency.
The permit will soon be granted, he added.

The holy Shiite city of Basra lies 590 km south of the Iraqi capital Baghdad.

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