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)

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