Iraqi Militias To Invest In Major Agricultural Project


(MENAFN- Iraq Business News) By John Lee.

The Governor of Diwaniya has announced a major agricultural investment project in the desert of Al-Shanafiyah district, expected to create over 10,000 jobs.

Abbas Sha'il Al-Zamili said that the investment company is starting soil tests on the 26,000 dunums [2,600 hectare; 6,400 acre] site, with a view to cultivating date palm trees and agricultural crops.

State-run Iraqi News Agency (INA) says the company involved is the "Al-Muhandis Investment Company", which Iraq Business News understands to be the Muhandis General Company (Sharakat al-Muhandis al-Amma) , a powerful new subsidiary of the Iran-backed Popular Mobilization Forces (PMF) thought to be modeled on Iran's famous Khatam al-Anbia .

It quotes the company's Executive Director, Salah Mahdi, as saying that the company is working on building facilities to grow vegetables using hydroponics, in cooperation with a Spanish company.

The company was also recently reported to be developing another date-palm plantation in neighbouring Muthanna governorate.

(Source: INA)

The post Iraqi Militias to Invest in Major Agricultural Project first appeared on Iraq Business News .

MENAFN07052024000217011061ID1108186092


Iraq Business News

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.