WASHINGTON (Reuters) - The World Bank on Tuesday approved $400 million in additional funding to help rebuild services to Iraqi areas recaptured from Islamic State militants after a three-year military campaign, the global development bank said. The World Bank also said it would fund studies on how to involve the private sector in the reconstruction of Mosul s airport and restoring public transport terminals as well as parts of the railway network.  The package represents an additional financing to the Iraq Emergency Operation for Development Project ($350 million) approved back in July 2015 and already underway in seven cities in Diyala and Salah Ad-Din governorates,  the World Bank said in a statement. It said the new funding would focus on rebuilding in five sectors - water and sanitation, electricity, health, transport and municipal services. The funds will also help with the restoration and preservation of cultural heritage sites in Mosul s Old City, which was heavily damaged by fighting.  Iraqi government forces, backed by a U.S.-led coalition, retook Mosul in May - by far the largest city to fall under militants  control - after nearly nine months of urban warfare. Iraqi government officials have estimated it will take at least five years and billions of dollars to rebuild Mosul. 
World Bank approves $400 million to rebuild liberated Iraqi areas