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 ),

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)