Sunni Endowment to Build 100,000 Houses

The Sunni Endowment, during its 1st investment conference, offered opportunities on Saturday to build 100,000 housing units all over Iraqi provinces, on lands it owns, within a three-year period, according to a report from Aswat al-Iraq.

“The Endowment has already obtained a go-ahead from the Iraqi National Investment Commission (NIC) to build these units as part of a national strategy to construct one million houses,” the Endowment Chief, Ahmed Abdul-Ghafour al-Samarraie, told Aswat al-Iraq news agency.

“One of the problems facing the investment venture is that investors have difficulty getting allocated land in Baghdad, compared to other provinces,” he added.

(Source: Aswat al-Iraq)

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