Masrour Barzani: Investors should take into account green spaces when implementing real estate proje

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[size=52]Masrour Barzani: Investors should take into account green spaces when implementing real estate projects[/size]

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[size=45]Today, Tuesday, August 16, 2022, Kurdistan Regional Government Prime Minister Masrour Barzani inaugurated the third Erbil International Real Estate and Investment Exhibition (Invest Expo 2022), with the participation of 180 companies from 12 countries.[/size]
[size=45]In his speech during the opening ceremony, the Prime Minister expressed his happiness with the exhibition, especially since the engineering skills in implementing real estate and investment projects have become more local, which is very encouraging.[/size]
[size=45]The Prime Minister said that the previous ministerial formations paid great attention to investing and building real estate and buildings in Kurdistan, which made it significantly progress compared to the rest of Iraq, although real estate projects were not without flaws.[/size]
[size=45]He explained that the real estate progress in Kurdistan encouraged many people to move to live in the cities of the Kurdistan Region, where there is security, prosperity and stability.[/size]
[size=45]The Prime Minister stressed the need to take into account the comprehensive plans of cities and most projects in accordance with international standards, and to address defects in projects implemented in Kurdistan during the previous years.[/size]
[size=45]The Prime Minister indicated that with the global progress in engineering and architecture, new methods of real estate construction can be introduced in the region.[/size]
[size=45]He said, "We have a special case, for example, Erbil as the oldest inhabited city in the world where life continues and we can consider this as a definition of Erbil, but at the same time we are moving towards the most advanced architectural style in the world."[/size]
[size=45]The Prime Minister stressed that Erbil can become the first city in the world in which the oldest and most modern architectural styles are implemented.[/size]
[size=45]He added that without a doubt, the rest of the cities of Kurdistan have their own peculiarities, and we pay more attention to housing and reconstruction in all the cities and towns of the Kurdistan Region.[/size]
[size=45]The Prime Minister stressed the importance of taking into account health services, green spaces, quality of work, and materials used in investment and real estate projects in line with international standards.[/size]
[size=45]And he indicated that the Kurdistan Regional Government continued to support the public and private sectors, which has made progress in the Kurdistan Region.[/size]
[size=45]He regretted the increase in desertification, drought and water shortage due to climate change, as the Kurdistan Region is not immune to climate change.[/size]
[size=45]He continued, “We must adapt to the climate changes that are taking place in the world. It should be taken into account in terms of investment.”[/size]
[size=45]“Unfortunately, I have often seen that green spaces in projects have been sacrificed for more housing units, and this should not continue,” he said.[/size]
[size=45]The Prime Minister called on investors to take into account green spaces and services, and not to think about increasing housing units at the expense of services and schools.[/size]
[size=45]The Prime Minister said that green spaces are very low and this had a negative impact on climate change, which requires increasing green spaces in all projects, and this must be considered a condition for granting licenses and licenses.[/size]
[size=45]He also urged consideration of landslides and floods, and the need to create a healthy environment for citizens who are the main priority for the government.[/size]
[size=45]The Prime Minister touched on the decision to build 20,000 housing units for low-income and poor people at reasonable prices and in easy installments.[/size]
[size=45]He said: "In order to continue serving our people, it is not enough to build houses and units, but rather we must invest in the agricultural sector, and we must continue developing the industrial sector to support investors in the real estate sector."[/size]
[size=45]The prime minister added, "We must try to use the wealth that Kurdistan possesses and its rich natural resources for construction and reconstruction."[/size]
[size=45]The Prime Minister said that the citizen is the main focus of the ninth ministerial formation.[/size]
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