Kuwaiti firm gets 48 year build and operate contract for Iraq airport

Kuwait's Al-Nasriyah Company has signed an agreement to build and operate a new $1.35-billion airport in Diwaniya in Iraq.

The regional government has agreed a 45-year deal with the Kuwaiti company.
The 17 square kilometer site will be used for the first phase, with a similar area put aside for future development
Speaking at the signing ceremong, the Governor of Diwaniya, Ammar Al-Madani, said the project will create some 8,000 jobs for the residents of the governorate, and that 10 percent of its revenues will go to the provincial government.

PICTURED: The plan for Diwaniya Airport (c) Al-Nasriyah