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He revealed the date of completion of the new building of the Central Bank.. and amazing details
- Time: 05/16/2023 08:11:10
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{Economic: Al Furat News} The director of the new building project for the Central Bank of Iraq, Ikhlas Jawad Nazim, revealed the date of completion of the project and its most prominent specifications.
Nazim said in a press statement, "The new Central Bank of Iraq building project represents a quantum leap in the performance and shape of the building, its sobriety and its synchronization with the transitions towards clean energy," pointing out that "the reality of the building gives high flexibility to the process of transferring and fulfilling the cash liquidity requirements in the country, as It will be done in accordance with the latest international technology in this field.
She added, "The bank's management realized the importance of building a new building that keeps pace with global developments in the field of banking work, "automation" systems, and modern technologies in the world, so the office of the Iraqi designer Zaha Hadid was chosen for this regard, as it is a landmark in the field of architecture in the world, and it is of Iraqi origin, and it was chosen to be It was designed for this new building, and approvals were obtained from the Council of Ministers to send a direct invitation to Hadid in order to develop a distinctive design for the new building, as bank buildings give an indication of the country's financial stability.
Nazim pointed out that "the project has an independent budget, i.e. from the central bank and not from the state's general budget, and the amount allocated is about (885) million dollars, but upon referral it became about (772) million dollars after negotiating with the executing company, as we obtained during the process of preparing the tender With international companies, there are exceptions in this regard, so the bank was excluded from the instructions for implementing government contracts, regarding this project, and we contracted according to international terms and contracts.
And she indicated that "the building's advantages from the architectural aspect are that it is the first project in the Middle East to be awarded a PRIME certificate for sustainability, meaning the building is environmentally friendly starting from the design, as recycled materials were used in it, such as the materials used in the UHBC parts that encapsulate the building, and also in The concrete mixture in which we used the GBS material, this material is leftover from the iron factories, they call it furnace slag, and this is used in concrete for its durability, and it also increases its life because it is designed for a hundred years, and this is an important thing. This experience can be applied to the rest of the projects in the country.
Regarding the completion of the building, Nazem said: "We have not set a date yet because there are several existing belongings that need to be resolved, but there is a work program in this regard in which we are trying to reduce the time period for the opening process as much as possible. We can say that we need about a year and a half to open it, and perhaps It will be early 2025."
She pointed out that "the new building of the bank will include, for the first time, a museum that chronicles the history of the Iraqi currency, and there will be educational activities in it that university and school students can visit. Displays on screens that talk about the stages of currency development, and there will also be cultural activities that talk about the history of Iraqi civilization, and the design of the museum will be in a modern and unconventional style, and the company that implements the museum is among the companies that worked with Zaha Hadid and is specialized in museums.
Nazim continued, "The engineering specifications are the most important characteristic of the building. For example, the currency counting and cash center will be a fully automatic (automated) system. Currently, a leading international company specializing in this type of system is designing the building system, where a robot will be used, and we do not need manual labor. The subject of currency transfer is {carts}, and the traditional methods, as we used to see on Al-Rashid Street, will completely end, the currency will be transferred to {the currency conveyor belt comper} it will be in the form of boxes that move smoothly, approved by all banks, and there will be a barcode on each box until it passes through a belt and is read by the device or A computer directs these funds according to the system and transfers them to the safe or to the counting and sorting center. This is an integrated automation system that will save time and speed in the process of receiving and delivering currency to banks, as well as currency exchange between the bank and banks or the currency counting and sorting process inside the bank that adopts advanced technology that is consistent with the development of the building.
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{Economic: Al Furat News} The director of the new building project for the Central Bank of Iraq, Ikhlas Jawad Nazim, revealed the date of completion of the project and its most prominent specifications.
Nazim said in a press statement, "The new Central Bank of Iraq building project represents a quantum leap in the performance and shape of the building, its sobriety and its synchronization with the transitions towards clean energy," pointing out that "the reality of the building gives high flexibility to the process of transferring and fulfilling the cash liquidity requirements in the country, as It will be done in accordance with the latest international technology in this field.
She added, "The bank's management realized the importance of building a new building that keeps pace with global developments in the field of banking work, "automation" systems, and modern technologies in the world, so the office of the Iraqi designer Zaha Hadid was chosen for this regard, as it is a landmark in the field of architecture in the world, and it is of Iraqi origin, and it was chosen to be It was designed for this new building, and approvals were obtained from the Council of Ministers to send a direct invitation to Hadid in order to develop a distinctive design for the new building, as bank buildings give an indication of the country's financial stability.
Nazim pointed out that "the project has an independent budget, i.e. from the central bank and not from the state's general budget, and the amount allocated is about (885) million dollars, but upon referral it became about (772) million dollars after negotiating with the executing company, as we obtained during the process of preparing the tender With international companies, there are exceptions in this regard, so the bank was excluded from the instructions for implementing government contracts, regarding this project, and we contracted according to international terms and contracts.
And she indicated that "the building's advantages from the architectural aspect are that it is the first project in the Middle East to be awarded a PRIME certificate for sustainability, meaning the building is environmentally friendly starting from the design, as recycled materials were used in it, such as the materials used in the UHBC parts that encapsulate the building, and also in The concrete mixture in which we used the GBS material, this material is leftover from the iron factories, they call it furnace slag, and this is used in concrete for its durability, and it also increases its life because it is designed for a hundred years, and this is an important thing. This experience can be applied to the rest of the projects in the country.
Regarding the completion of the building, Nazem said: "We have not set a date yet because there are several existing belongings that need to be resolved, but there is a work program in this regard in which we are trying to reduce the time period for the opening process as much as possible. We can say that we need about a year and a half to open it, and perhaps It will be early 2025."
She pointed out that "the new building of the bank will include, for the first time, a museum that chronicles the history of the Iraqi currency, and there will be educational activities in it that university and school students can visit. Displays on screens that talk about the stages of currency development, and there will also be cultural activities that talk about the history of Iraqi civilization, and the design of the museum will be in a modern and unconventional style, and the company that implements the museum is among the companies that worked with Zaha Hadid and is specialized in museums.
Nazim continued, "The engineering specifications are the most important characteristic of the building. For example, the currency counting and cash center will be a fully automatic (automated) system. Currently, a leading international company specializing in this type of system is designing the building system, where a robot will be used, and we do not need manual labor. The subject of currency transfer is {carts}, and the traditional methods, as we used to see on Al-Rashid Street, will completely end, the currency will be transferred to {the currency conveyor belt comper} it will be in the form of boxes that move smoothly, approved by all banks, and there will be a barcode on each box until it passes through a belt and is read by the device or A computer directs these funds according to the system and transfers them to the safe or to the counting and sorting center. This is an integrated automation system that will save time and speed in the process of receiving and delivering currency to banks, as well as currency exchange between the bank and banks or the currency counting and sorting process inside the bank that adopts advanced technology that is consistent with the development of the building.
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