Jul 19, 2008
Five-star hotel planned for Baghdad
Iraqi officials say they have approved plans to build a five-star hotel in the Baghdad's heavily guarded Green Zone.
Iraq's National Investment Commission says land for the project is being leased by the Summit Global Group, a U.S.-based investment company.
Robert Kelley, head of Summit Global, says the 300-room hotel will cost $100 million. He says American and Iraqi investors are involved in the project, but he did not name them.
At a groundbreaking ceremony on Saturday, Kelley said construction would begin soon, but he did not specify a date.
Posted by: The Associated Press
Full Story: The Associated Press
Related Topix
- Places - Iraq, World News
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The new World Bank?
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