Iraq eyes six billion dollar Baghdad masterplan

[maddezmom]

Source: AFP

BAGHDAD (AFP) - Iraq on Tuesday announced it was seeking six billion dollars in investment over the next three years to fund a masterplan to revitalise conflict-torn Baghdad with new hotels, restaurants and highways.


"Three billion dollars are needed over three years for infrastructure and the equivalent amount for investment projects," said Tahsin al-Sheikhli, spokesman for the civilian wing of Baghdad's security plan.

"A year ago, we were not able to talk about such projects as we were worried about security issues. We have succeeded in that area and now we will succeed in construction," he said.

Sheikhli urged foreign companies to come forward and invest in Baghdad, saying that the Iraqi government did not have the means to cover the costs on its own.

Baghdad suffered considerable damage i


Read more: http://news.yahoo.com/s/afp/20080805/wl_mideast_afp/iraqreconstructionbaghdad_080805193419;_

[pinniped]

1. Is Disneyland still in the works?

?

[floridablue]

2. We could use a billion or two here

St. Pete could put a cover over the sidewalk so I wouldn't get sun or rain while walking to breakfast.