The latest housing news from Iraq – projects, construction & more – brought to you by Iraq Business News
Hill International has announced that it has been awarded a contract from the State Housing Commission (SHC) of the Iraq Ministry of Construction and Housing to provide project management oversight (PMO) consulting services in connection with various housing developments throughout Iraq. The two-year contract has an estimated value to Hill of approximately $5.7 million. Raouf […]
By John Lee. Italy's Techint Engineering and Construction has won a $387.8 million contract to build housing for workers at the Zubair oil field, reports Fox Business. Techint will build a village for workers and a regional office for operating partners in the field, the Iraqi council of ministers said, adding that work in the […]
By John Lee. AIN has reported that the Prime Minister and the Chairman of the Supreme Investment Council of Kurdistan Region, Nechirvan Barzani (pictured), confirmed the government policy of supporting people on low incomes by granting them housing units. Following a meeting for the Supreme Investment Council, that was attended by the Deputy Chairman Emad […]
By Omar al-Shaher for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The strenuous efforts exerted to handle the housing crisis were quickly rendered useless when the ratified 2013 general budget did away with the allocations for the housing fund, which was to […]
By John Lee. Iraq's Ministry of Construction and Housing has announced an investment opportunity in the governorate of Nasiriyah to build a residential complex for Ministry staff and state employees. The project is located on a 250,000 m2 site on the island of Kushmarah, on the highway in the northern part of Nasiriyah city, adjacent […]
By John Lee. UAE-based Bloom Properties has announced that it has signed a deal to build a massive new housing project on a 20 square kilometer site on the banks of Lake Razaza in Karbala. Construction Week Online reports that the company will develop up to 40,000 housing units in four different districts over a […]
By John Lee. The National Investment Commission (NIC) has announced its intention to sign a contract with the local government of Karbala province to build 40,000 houses. NIC Chairman Sami al-Araji (pictured) said the housing complex (Thifaf Karbala), will be built by the UAE-based Bloom Properties, and is expected to be completed within eights years. (Source: […]
By Omar al-Shaher for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The Iraqi National Investment Commission (NIC) is facing major problems in marketing units in the largest residential project in the country, despite the growing housing crisis in the capital of Baghdad. […]
The province of Basra has awarded Dewan Architects and Engineers the contract to design the sprawling Al Nakheel City, for which the foundation stone was recently laid. As a modern urban development, the Al-Nakheel City is expected to provide world-class and modern sustainable living, working, and living solutions for the population of Basra and help alleviate […]
By John Lee. Iraq’s Minister of Housing and Reconstruction, Mohamed Sahib al-Daraji [Mohammed Al-Deraji] (pictured), has announced that the Housing Fund has finalised contracts with nine investment companies to build new housing complexes. Together, these projects will provide 18,000 residential units. The minister added that the relevant engineering, technical and legal commissions are working on […]
By John Lee. The Chairman of the National Investment Commission (NIC), Dr. Sami al-Araji, has signed a strategic memorandum of cooperation with the chairman of the Korea Trade-Investment Promotion Agency (KOTRA), O Young Hu [Young Ho Oh], to increase investment and trade between the countries. During his speech, Dr al-Araji reviewed the investment opportunities available […]
By John Lee. Iraq's Council of Ministers has allocated 9,600 acres to create a new residential city in Basra. The statement from the Council's secretariat says that the plan is to create 100,000 new residential units in the city. (Source: Iraqi Cabinet)
