A $ 20 billion contract has been approved and will be presented to the next Cabinet referring Al Rasheed residential complex to a UAE company .
UAE Contract for Al Rasheed Complex is Approved
The latest housing news from Iraq – projects, construction & more – brought to you by Iraq Business News
A $ 20 billion contract has been approved and will be presented to the next Cabinet referring Al Rasheed residential complex to a UAE company .
The government has decided to build 1 million new housing units as part of its 2010-2014 development plan, government spokesman Ali al-Dabagh said. Dabagh said the government hoped the project will ease the current housing crisis when completed. He said flats will be sold to the public at affordable prices and in easy-to-pay installments. He […]
“The cabinet decided to double the number of housing units to one million after 100 specialized foreign companies had expressed their willingness to invest in the (housing) sector,” Sami al-Araji told Aswat al-Iraq news agency.
Investment Authority in Diyala agreed with a local company to set up the biggest oil refinery in the province at a cost exceeding $ 100 million, and build more than 40 thousand residential units, with an investment of 200 thousand acres of farmland. The official Investment Authority ,engineer Mjul Mahdi said in a statement for […]
The Head of Investment Committee Sami Al Aaraji presented a housing project that includes 500000 housing units distributed on all the provinces with a cost of $25 million. If this project was achieved after 3 years it could help to solve the housing problem in Iraq.
