BIOGH Site Works Commence

BASRA, Iraq, June 18, 2013 /PRNewswire-iReach/ -- Work on site for the highly anticipated Basra Oil and Gas International Free Zone (BIOGH) officially began on Sunday June 16, 2013. This follows on from the successful approval of the BIOGH Masterplan on June 10, 2013 by the Consulting Bureau of the College of Engineering at the University of Basra, and by the Iraq General Commission for Free Zones.

(Logo: http://photos.prnewswire.com/prnh/20130618/CG34183)

Tim Hawkins, the Head of Production & Planning for EPGI (BIOGH's international Development Managers) said on Sunday from his office in Basra, "I am pleased to report that work started on site at 5.30am local time this morning with UXO mine clearance, and as you can see from the photos we now have a significant team on the ground.  This is a proud day for the BIOGH team, as the project has been several years in planning and we are finally experiencing the reality of this project on the ground."

The 11 million square metre dedicated oil and gas facility within the Khor Al-Zubair Free Zone was jointly established by BIOGH Ltd. and the Free Zone Authority (FZA), an independent authority under Iraq's Ministry of Finance, and will provide tenants with infrastructure and logistics to support the transfer of goods in and out of the BIOGH Free Zone, state-of-the-art IT and security, emergency fire and medical services, banking services, hotels, business centre, mixed use commercial components, and education and training centre. There will also be a range of residential accommodations, including multi-family, serviced apartments, health and fitness centre, food service, and sports facilities.

"140 companies are at various stages of the application process, with spaces being allocated on a first come, first served basis," says Richard Cotton Head of Marketing & Leasing at BIOGH.

www.biogh.com

Media Contact:

Jo Armitt BIOGH, +44 20 8 944 6756, info@biogh.com

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SOURCE BIOGH




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