Consorzio Stabile Italia 2010 Wins $247 Million Iraq Home Order

Italy’s Consorzio Stabile Italia 2010 won a $247 million contract to build 2,000 homes in the southern Iraqi region of Diwaniya, a provincial official said.

The project will be built within three years on the southwestern side of Diwaniya city, Majid al-Mehanna, spokesman for the Diwaniya Investment Commission, said by telephone today. The province needs 100,000 residential units, he said.

To contact the reporter on this story: Khalid al-Ansary in Baghdad at Kalansary@bloomberg.net

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