Italian firm Trevi wins a $200 million contract to maintain and restore Mosul dam
The Iraqi Government announced that the Italian company Trevi won the international bid for restoring and maintaining the country's largest dam in Mosul, Northern Iraq, which is in danger of a catastrophic collapse that would devastate areas to the south.
The construction will be financed through a World Bank loan worth $200 million. The total estimated cost of the project is $230 million.
Works are expected to run for a year and a half and the Italian Prime Minister, Matteo Renzi, has announced that his Government will send 450 soldiers to Iraq in order to ensure the security of the works. The city of Mosul is still controlled by ISIS and the Dam (40 km form the city) is a priority for the region.
(Summary from il Messaggero, la Stampa and Avvenire articles dedicated to this news)