$65 BILLION INVESTMENT TO TRANSFORM AL-TAYEB BORDER CITY INTO AN ECONOMIC CITY
The head of the National Investment Commission, Haider Makkiya, announced on Saturday a planned investment in the border city of Al-Tayeb to transform it into an economic city, noting that the investment is valued at $65 billion.
Makkiya told the Iraqi News Agency (INA): “Al-Tayeb is a multi-service economic city located on an area of more than 120,000 dunams, and the value of investments there exceeds $65 billion, of which $5 billion is allocated to infrastructure, roads, electricity, sewage, and other services.”
He pointed out that “the city has an abundance of natural resources that enable it to succeed, including water, hills, fuel, and other natural resources such as sand and gravel. There is a wealth of natural resources that allow for the establishment of a city with this specialized focus.”
