The Najaf Investment Commission approved 17 investment licences to build a total of 19,000 houses in Najaf at a cost of $1.9 billion, according to the chairman of the commission, Wafi al-Bahash.
Aswat al-Iraq reports that the Commission has recently approved more than 125 licenses in all fields, including 17 to Iraqi and foreign companies to establish 19,487 houses in the province at a cost of $1.9 billion. The projects will be implemented over the next two years.
“The projects will solve the housing crisis in the southern province,” he added.
[Photo: Najaf Investment Commission inspecting contstruction sites, Feb 2011]
(Source: Aswat al-Iraq, Najaf Investment Commission)