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Baghdad refers billion dollars water project to Iraqi-French co.
Electricity & Water    9/28/2008 7:13:00 PM
 
BAGHDAD, Sept 28 (KUNA) -- The Iraqi government referred Sunday Al-Resafa water project to an Iraqi-French company with costs being over the USD one billion margin.
Government's spokesman Ali Al-Dabbag told the press that the cabinet has decided to turn in the project, which would produce an estimated 910,000 cubic-meters of water, to the company, adding that the government would seek more funding from parliament. He revealed that the cabinet also agreed to purchase two tankers' dragging ships from Malaysia at the cost of USD 19 million, adding that an oil pipeline deal with an Indian company has also been sealed at USD 69 million.
Framers were pardoned from paying the two percent interest rate for their Agricultural loans, stated Al-Dabbag, revealing that the cabinet assigned 11 Ambassadors. (end) mhg.gta KUNA 281913 Sep 08NNNN
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