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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    For the first time .. MDF 3 Housing Fund investment companies

    chouchou
    chouchou
    chouchou
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    • Post n°1

    For the first time .. MDF 3 Housing Fund investment companies Empty For the first time .. MDF 3 Housing Fund investment companies

    Post by chouchou Sat 05 Oct 2013, 3:13 am

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    Housing Fund began implementation is the first step of its kind is to participate in the financing of 3 investment companies to implement housing projects in all the provinces.

    The Director General of the Fund under the Ministry of Construction and Housing, Burhanuddin Salman Bassam that the administration of the Fund investment went to the line for the first time in the history of the ministry, based on Law No. 11 of 2004 which did over the past years.

    He added that, according to it has lent the fund companies invested sector housing upon arrival rates of completion of projects to 25 percent of the plans are approved, to enter the Fund by 50 percent as a partnership of the value of the projects, noting that the administration of the Fund and signed contracts with three foreign companies and Arab countries for funding amounts are Christvzha to speed up the completion of residential projects.



    Bassam stressed that the early stages of these projects will be completed during the next nine months, as will complete all its work within two years, noting that these projects in addition to lending 30 thousand citizens will contribute to increasing the supply of housing units, including offers impetus to the ministry's efforts in solving the housing crisis in the country, as well as the ministry continues to implement the 65 residential compound.



    Fund manager Housing explained that the quotas Fund is determined according to the stages of construction the fact that there are companies that may include the total projects three thousand housing units, but it in stages less of them, stressing that the sense of the investing companies in the field of housing seriousness and guarantee firm paying a lot of them to move strongly towards the Fund lured financier, and to provide great credibility to the projects as a result he entered as a party financier in and accelerate the completion of projects.



    Between a large number of investment companies, ministries and government institutions ask the Fund to enter into a partner in the financing of housing projects that you want to Completed its members, stressing that the presentations are now under study, noting that the fund has achieved great successes in record time and has become a developer which promotes real estate transactions received loans outpaced the rest of the work similar prestigious institutions.


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