600 Unit Housing Project in Kirkuk

AKnews reports that officials in Kirkuk have laid the cornerstone of a 600-unit housing complex worth 16.5 billion Iraqi Dinars (about US$13 million).

The project, undertaken by a local Iraqi company, is funded by the province’s petrodollar money. Kirkuk is one of the richest provinces in the country after Basra, which exports the majority of Iraq’s oil production.

The project in southern Kirkuk will be completed in 8 months, and the units will be given at low prices to needy families from all ethnic groups.

A second project is being implemented in northern Kirkuk province to be sold to local residents under the same arrangements.

(Source: AKnews)

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