Aug. 8 (Bloomberg) -- Iraq signed a contract with Pell Frischmann Ltd. for the design of a $85 million water project in the western Al Anbar province, a local municipal official said.
The U.K.-based consulting company will draw designs for a new water station in Hadeetha, which will pump 4,500 cubic meter of water an hour to feed surrounding towns, within two years, Basim Naji said by phone today. Pell Frischmann will also design an upgrade to an existing water station in the same district which pumps 1,500 cubic meter an hour, he said.
The Iraqi government is seeking foreign investment and expertise to rebuild its infrastructure and energy industry damaged by decades of conflict and sanctions. Iraq holds the fifth-largest proven crude reserves, including Canada’s oil sands, according to data from BP Plc.
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