The rehabilitation of the Iraqi capital of Baghdad requires an investment of $15 billion [18 trillion Iraqi dinars] over the next 10 years, Baghdad’s Mayor said on Sunday. Sabir al-Issawi [Saber al-Issawi] (pictured) gave the figure in response to a question addressed to him by Iraq’s Prime Minister, Nouri al-Maliki, in a meeting attended by […]
Tag Archives | Saber Al-Issawi
$10 Billion Sadr City Re-Development
Azzaman reports that the Iraqi government has earmarked $10 billion for the redevelopment of the low-income township, Sadr City, in Baghdad. The project, which will take 10 years to be completed is one of the largest housing schemes in the Middle East, according to Baghdad Mayor Saber al-Aysawi. Aysawi said the huge project will solve […]
UK Firm to Lead $10bn Rebuilding of Sadr City
Azzaman news agency reports that the Iraqi government has agreed to allocate $10 billion for the reconstruction of Sadr City, and that talks with international firms have reached an advanced stage. Sadr City is on the outskirts of Baghdad and is perhaps Iraq’s most impoverished town, but if the reports are correct is should become […]