Construction Booming in Baghdad

By John Lee.

The head of the Baghdad Investment Commission (BIC), Shakir al-Zamil [Shaker Shabib] (pictured), said he recently authorized the construction of 2600 housing units for the Ministry of Higher Education and Scientific Research.

Azzaman reports him as saying that private and foreign investments are pouring into Baghdad, despite the latest upsurge in violence.

He said 14 more projects under construction by private entrepreneurs were to be completed soon, adding “the commission is currently negotiating the launch of 30 new projects by private investors in Baghdad”.

(Source: Azzaman)

One Response to Construction Booming in Baghdad

  1. mazhda mustafa July 18, 2013 at 5:18 pm #

    May the BIC declare publicly how many projects were announced by them that were to be constructed in Baghdad during the past decade and which of these are completed now and the % of progress and causes of delays of the others.