Basra Investment Commission Grants 12 Investment Licenses during 2010

Chairman of Basra Investment Commission said that the commission had granted 12 new investment licenses during 2010 which is the same number of projects licensed in 2009 but differ in terms of capitals invested.
Haidar Ali showed that investments movement was successful and recognizable in Basra during 2010 especially after starting the implementation of several Strategic projects in various sectors, he also added that the housing projects value had exceeded 500 Million dollar while the value of industrial projects was more than 245 million Dollars in addition to small projects.