MP Says Bismayah Housing Project has ''Failed "

By John Lee.

An MP and member of parliament's the Economic Committee has described the giant Basmaya [Bismayah] City housing project as "failed", and says "the National Investment Commission (NIC) will not be able to implement it."

Azez al-Mayahi, of the Iraqiyya party, demanded that the NIC clarify that status of the project, according to AIN.

'The Basmaya project is totally failed and there is no way that the Hanway [Hanwha] Korean Company could built 100 000 housing unit within seven years ... Until now the Commission did not start establishing infrastructure of the project which has bad implementation plan", he said.

(Source: AIN)

Comments are closed.