CAIRO, Oct 28 (Reuters) - Iraq has awarded an investment contract to develop and operate Baghdad's international airport to a consortium led by Corporacion America Airports CAAP.N, the Iraqi prime minister's office said on Tuesday.
The consortium is expected to spend $764 million on the airport's development, the statement said.
(Reporting by Ahmed Rasheed, Menna Alaa El-Din and Muhammad Al Gebaly; Editing by Emelia Sithole-Matarise)
((Menna.AlaaElDin@thomsonreuters.com;))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.