Deutsche Bank gives the holy city of Karbala {540} million dollars to create projects


  
History of edits:: 04/14/2016 19:45 • 22 visits readable
{Karbala: Euphrates News} Council revealed the holy city of Karbala member Jassim al-Maliki on Thursday for the release of the final approvals for the receipt of a grant from the German Bank of $ 540 million to set up a number of infrastructure projects in the province.

He said al – Maliki said in a statement issued by the council in Karbala received by the agency {Euphrates News} a copy of it that ” the German bank issued final approvals for the grant , estimated B540 million for the establishment of a number of infrastructure projects in the province.” 

He added that “among these projects is the construction of schools, hospitals , and 1,200 housing units, “pointing out that” it was lifting the requirement to provide a guarantee by the local government to the donor of the amount the company executing the project and will provide all the guarantees , subject to the Iraqi budget law and will be receiving the funds in the form of payments after the completion of the completion rates in these projects. ” 

the governor of Karbala has signed a contract worth $ 540 million, with the Foundation {BPAPC} German to implement service projects in the province, after unremitting efforts lasted three Snoat.anthy 

http://alforatnews.com/modules/news/article.php?storyid=114197

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