Basra Governor Asaad Al-Eidani (pictured) has reportedly announced the launch of Madinat Al-Nakhil [Palm City], a major residential and developmental project in Iraq.Planned for over a decade, the eco-friendly city will span 54 nature reserves and 34 additional dunams, featuring 120,000 housing units, universities, and industrial zones aimed at reducing carbon emissions and improving quality of life, according to a report from Shafaaq.It adds that the project, backed by Egyptian, Chinese, and Gulf-based firms-including Al-Safi Group, Mountain View, and China Railway Construction Corporation-has received full approvals, with investment licences to be granted soon. The local government has pledged infrastructure and security support to investors, positioning Basra as a regional economic hub. (ICE AMMAN)

Fonte notizia: Stampa Locale