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Housing to Nina: We have new residential city projects that will be launched for investment soon
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[rtl]Baghdad / NINA / The Ministry of Construction, Housing and Public Municipalities revealed new residential city projects that will be launched as investment opportunities soon.
The Director of the Housing Department, Sadiq Al-Fartusi, said in a statement to the National Iraqi News Agency ( NINA ), “We have more than 40 new residential city projects whose designs have been completed, of which 20 cities have been approved.”
He added, "The launch of new residential city projects is taking place according to phased batches, as the first batch was launched, which included projects for five new cities, followed by the signing of the investment contract for the new Ali al-Wardi residential city," pointing out the presence of a group of other projects that include 5-6 new residential cities. They will be launched successively as investment opportunities during the coming period.”
He continued to say, “The pressure on the labor market and the construction of housing units requires large sums of money, so the government resorted to new residential city projects and referred them to international investors,” noting that “the government recently signed the “Beit Project” in partnership with international organizations, the European Union, and the International Labor and Migration Organizations. To establish a program to support the labor market, establish residential complexes, and try to reduce prices so that they are available to all, in order to provide decent housing that achieves sustainable development, solves the housing crisis, and ensures that citizens obtain housing units at reasonable prices, and also revives the labor market in Iraq.”/End 5
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The Director of the Housing Department, Sadiq Al-Fartusi, said in a statement to the National Iraqi News Agency ( NINA ), “We have more than 40 new residential city projects whose designs have been completed, of which 20 cities have been approved.”
He added, "The launch of new residential city projects is taking place according to phased batches, as the first batch was launched, which included projects for five new cities, followed by the signing of the investment contract for the new Ali al-Wardi residential city," pointing out the presence of a group of other projects that include 5-6 new residential cities. They will be launched successively as investment opportunities during the coming period.”
He continued to say, “The pressure on the labor market and the construction of housing units requires large sums of money, so the government resorted to new residential city projects and referred them to international investors,” noting that “the government recently signed the “Beit Project” in partnership with international organizations, the European Union, and the International Labor and Migration Organizations. To establish a program to support the labor market, establish residential complexes, and try to reduce prices so that they are available to all, in order to provide decent housing that achieves sustainable development, solves the housing crisis, and ensures that citizens obtain housing units at reasonable prices, and also revives the labor market in Iraq.”/End 5
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