Markez Wins $150m Housing Contract in Baghdad

By John Lee.

The U.S.-Iraqi company Markez Inc. has reportedly won another contract to build homes in Iraq.

According to a report from Bloomberg, the company has signed a $150 million contract to build 800 homes in the south-west of Baghdad.

Building will start in the first quarter of 2013 and the project will be completed within three years, company President Samer Skooti told the news agency.

Markez won a $199 million contract in April to build 2,000 homes in Dhi Qar and Muthanna.

(Source: Bloomberg)

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