To build the 5 star hotel in Abadan about $ 28 million are invested by private sector, said Former Head of Basra Chamber of Commerce and the head of tourism and trade companies union of south of Iraq, Jabbar Shoghit Mansour.
He continued that we hope that also the executive operation of this plan will start during future days by concession of required land.
Mr. Shoghit Mansour referring to his investment plans in Arvand Free Zone said that also the plan of building materials production and white block started by $ 2 million investing in Tuesday in Abadan.
This Iraq’s investor added that this plan’s land is in blinding level and the steel structure will be constructed to next 20 days.
I was encouraged to invest in Abadan by Consulate and Board of Investment and all of necessary facilities such as land for investing in this city, the block has conceded for performing industrial unit plan and it will concede for performing the plan of constructing 5 star hotel soon, he referring to advantages of investment in Arvand Free Zone said.
Jabbar Shoghit Mansour also stated that the concrete and prefabricated walls for Iran domestic consumption have supplied by utilizing of production unit’s plan of white blocks products and some parts of this product also is exported to Iraq.
He said that it has predicted about $ 2 million budget for white blocks production factory and it also has allocated about $ 26 million for 5 star hotel plan that these plans will operate in Abadan.