$238m Housing Project Starts in Tikrit

On Thursday, Salah al-Din’s [Salahadin] deputy governor laid the foundation stone for the largest housing compound in the city of Tikrit. Valued at about $238 million [286 trillion Iraqi dinars], the project is being built by a Jordanian company, an official said.

“Ahmed Abduljabbar al-Kareem laid the foundation stone for the project in the area of al-Qadissiya in Tikrit through coordination with the Salah al-Din Investment Commission,” Tami Saab, the commission’s assistant director, told Aswat al-Iraq news agency.

“The project, named al-Salam (Peace) City, includes the construction of more than 2500 housing units, to be financed by a Jordanian investor at a cost of $238 million, and will cover an area of 1,000 donums [250 hectares],” he added.

The project will take two years to complete, and the units would be 200-300 square meters in the form of apartments and small villas.

“The project will also include service utilities, a mosque, a hospital, schools and gardens”.

[Photo: Tikrit Palace]

(Source: Aswat al-Iraq)

One Response to $238m Housing Project Starts in Tikrit

  1. mark duncan February 4, 2011 at 7:42 pm #

    BRAVO JORDANIAN COMPANY, you are a key player in the divine rebirth of an nation witnessed by people all over the globe,
    and if business is good it should get better!

    Best regards,
    Mark