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Haidar Makiya: Generalizing the “Bismaya” experience in the outskirts of cities
The first 2023/05/21
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The National Investment Commission was keen to oblige investors in the housing sector to pay the installments of housing units in Iraqi dinars, while the prices of housing units were mortgaged to the supply and demand base.
The head of the National Commission, Haider Muhammad Makiya, said in an interview with "Al-Sabah": "The government program of Prime Minister Muhammad Shia'a al-Sudani strongly supports the investment file in the country, stressing that the current trend is focused on establishing new cities similar to the city of Bismayah, for the purpose of pulling the momentum out of the country." At the same time, Makiya criticized what he called "campaigns of distortion and intimidation regarding this important and vital file," because he believes that these campaigns "harm Iraq's investment reputation, and thwart attempts to encourage and attract investment, as the National Commission is working to activate mechanisms The market to determine prices through the interaction of supply and demand, in a sound environment that guarantees the rights of both the investor and the consumer.
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