Emaar announces a plan to build a quarter of a million housing units

by **Rocky** Wed 23 Oct 2019, 1:54 am

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Emaar announces a plan to build a quarter of a million housing units

by Rocky Wed 23 Oct 2019, 1:54 am

Emaar announces a plan to build a quarter of a million housing units

09:15 - 23/10/2019

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Information / Baghdad ..

The Ministry of Construction, Housing and Municipalities announced on Wednesday the adoption of a plan to establish 250 thousand housing units annually in its efforts to eliminate the housing crisis.

"The country is experiencing a housing crisis, as there is a deficit of 4 million housing units nationwide, which made the ministry need to prepare plans," said Ismail Ismail, a consultant to the Ministry of Construction. Necessary to eliminate this crisis through possible plans and programs. "

Ismail added, “The ministry has prepared for this purpose a plan approved by the Minister of Construction, Housing and Public Municipalities, two Rikani banks, including the construction of 250,000 housing units annually during the next 20 years in the form of residential compounds.” This includes the government and private sectors as well as investment. ”

He pointed out that "the ministry invited all foreign and local construction companies in order to build housing units and low cost, as it provided modern construction models currently being studied and expressed its readiness to implement other projects in the field of housing," stressing that "the ministry also invited these companies to participate in the implementation of the said plan and the establishment of 100 thousand Housing units per year. ”

Ismail pointed out that "the ministry also invited ready-made construction companies, whether governmental or private to establish 50,000 units within the said project." Done / 25

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