Tag Archives | construction

Iraq Calls For Foreign Investment For New Housing

By John Lee. Iraq's housing minister Mohammed al-Darraji says that the country is planning to spend $5bn on new housing units in the next 3 years, but that the required 2.5 million new units will not be complete on time to meet demand, Rebuilding Iraq reports. Currently there will only be 130,000 new units by next year, […]

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 […]