The head of Wassit’s Investment Authority on Saturday revealed plans for 12 investment projects in the province as part of a 2008 provincial investment plan.
“Today, the authority put forward 12 investment projects in the province and announced their estimated cost, principal and the amount of land needed for them,” Sattar Jabbar told Aswat al-Iraq.
The projects included the construction of a modern theme park, a tourist city, an oil factory, a cement factory, residential buildings and others.
A Shiite province, Wassit, 180 km south of Baghdad, is in the east of the country. Its name comes from the Arabic word meaning “middle,” as it lies along the Tigris about midway between Baghdad and Basra.
Its major cities include the capital, al-Kut, and al-Hayy. Prior to 1976 it was known as Kut Province.
( Voices of Iraq )