Government plans to address the housing crisis and the law .. One investment tis

Government plans to address the housing crisis and the law .. One investment tis


 million housing units to cover the crisis
Under the suffocating housing crisis experienced by Iraq, confirms concerned that about two million people today without housing, and where it is the capital Baghdad and the governorates of Basra and Nineveh of the most populous provinces, some believe that the housing crisis has become worrying and must put radical solutions to them, and among The most important of these solutions to ease the granting of building permits and the allocation of residential land.
A spokesman for the Housing and Reconstruction Fund Nadia Khalid, says in the states (range) , "the central bank 's initiative is considered as a rescue borrowers from the Housing and Construction Fund the fact that the numbers continuously increasing on those loans for housing units, noting that the housing and reconstruction fund allocations have been canceled due to the financial crisis and to enter the country in the case of austerity during the last three years. "
He adds that " the Central Bank of Housing and Construction Fund has financed at $ 850 billion Iraqi dinars, and thus were paid huge numbers of borrowers, and we are still continuing to lend, and we hope other assignments are added to the Fund 's budget."
Khaled She added that "there are facilities provided by the senior management of the Fund for the alleviation of the position of the sponsor the fact that there are instructions of the Central Bank to provide a civilian or military guarantor of the Interior to be the nominal salary and the defense is not covered by sponsor 's , pointing out that there is resentment by citizens not to provide salary nominal required, therefore, became the sponsor full salary to him so that we can provide facilities to borrowers, and if the provision of 940 000 dinars salary to the sponsor to give a loan of 50 million dinars. "
It shows "that there are types of loans for housing units, including loans given to residential land and an area of not less than one percent square meters if it was rumored and if it is rumored, it is that title at least 250 square meters, and there are loans are called loans in addition to build, ie , availability of a piece of land by the construction of at least 65% and also the amount of 50 million dinars. "
According to "The Housing and Construction Fund gives borrowers loans to enable them to purchase housing units in the complexes that are currently being built as the pool Basmajh residential and others in Baghdad, that there is support for an apartment to be acquired by the borrower, and therefore there will be a loan worth 50 million dinars."
She continued , "that the housing fund and reconstruction is the first in lending to citizens, because the central bank initiative in cooperation with the Council of Ministers, has been allocated five billion dollars, to be distributed to banks, industrial and agricultural bank and housing, noting that the housing fund, completed transactions approximately 45 thousand the borrower within one year. "
The government had set up last year 's plan to build 979 000 housing units through the investment, at a time is a complex Basmajh residential rate of 100,000 housing units of the most prominent and largest projects completed in Iraq since 2003 , and so far, in addition to the flowers complex by 5124 housing units, and complex banks Tigris by 1540 housing units, with nearly 104 investment opportunities in the housing sector by the Ministry of planning.
Services Committee and Reconstruction parliamentary member Mohammed al - Masoudi, in turn , confirms in a statement (term) "that investment in Iraq needs a legal revolution in order to accommodate developments in investment developments, with the change in the nature of the political system after it was a totalitarian dictatorship and the transformation of the economy system free, not accompanied by a practical strategy and a plan to address the problems and the most important of the housing crisis, noting that most of the solutions for the housing crisis was the prosthesis, which is now threatening societal situation to increase the ratio of the population of families. "
He adds that "Investment and Construction Law is dead law even with the amendments made it, as simple modifications do not live up to be a law arbitrator ensures investor rights, and therefore we are suffering from many problems and obstacles facing investors, considering that money is a coward and needs to be appropriate to the process environment investment, pointing out that the financial and administrative corruption rampant in the body of the government, one of the obstacles in the development of investment, continuing by saying that "double the investment process as well as the inability to complete the state of housing complexes and distributed to citizens and its inability to solve the problems facing p Mechanism distribution of residential land for the purpose of acquisition of citizens, and therefore the state tended to build vertical for the allocation of housing units. "
Masoudi asserts that" the investment law are not treated loopholes until this moment, and still Royalties from the investor in Iraq are taken, indicating that the routine system of administrative and practical bureaucratic dull inside investment bodies impede investment within the so - called "single window", pointing out that the banking system did not address the financial problems and financial mechanisms of transfer and how to deal with the citizen and facilitate giving loans without intermediaries and so - called environment that any sponsor 's the Morphological is suitable for investment. "
It shows that "the housing crisis in Iraq is worrying and must harness all the solutions to them, and that the government should provide the possibility of building on the same citizen account the fact that the government complexes system is a system difficult in light of the austerity of the financial crisis , which the state should provide administrative requirements for citizens Kt_khasisat land and residential permits to build, we need to nearly a 2 - 3 million housing units in all of Iraq, and Baghdad need 224 thousand housing units, and Basra need to 80 thousand housing units, and Nineveh need to 101 thousand housing units, and Kurdistan need 140 000 Housing units ".
And stresses interested in economic affairs, that the main problem lies in the lack of carrying government duties and responsibilities in the provision of services, money that were spent on Iraq , these aspects were very large, but take advantage of them very bad this has led to a waste of large sums of money in different areas but did not address even today 's housing crisis or the electricity crisis.


[You must be registered and logged in to see this link.]

This will need Rv...construction jobs, housing loans and investments..