Al-Dabbagh also said that the Iraqi government "has started the establishment of Basrah Development Fund by allocating an initial amount of $30 million in cooperation with the British government, to promote private investments through the establishment of an Investment Body in Basrah and support it."
Al-Dabbagh talked about the third Forum for the reconstruction of Basrah, saying that the Iraqi government is working to develop the province of Basrah, since it represents great importance for the country due to its strategic location and the important wealth it contains to support development in Iraq.
The Third Forum for the reconstruction of Basrah was held on Wednesday morning 12/12/2007 in Basrah, and attended by Prime Minister, Nuri al-Maliki, his deputy Barham Salih, the representative of the Secretary General of the United Nations and a number of ministers and officials in the Iraqi government, as well as a number of members of the Iraqi parliament, the British Minister of Development and a number of States' ambassadors.(Source)AlSabah