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Minister of Construction: We have received a number of investment offers to build residential complexes in Al-Jawahiri City
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On Monday, the Federal Ministry of Construction and Housing announced the details of new residential cities projects in five governorates, after presenting investment opportunities.
The head of the new cities team, Minister of Housing, Bankin Rikani, said, in a joint press conference with officials and governors held today in Baghdad, that "many citizens are looking for the feasibility of housing complexes, and this is what created an accelerating crisis, and therefore the need has become urgent to implement and provide residential cities within modern standards that guarantee Decent living and the requirements of urban life, by defining large areas and displaying its services in a civilized manner, according to modern architectural designs, sustainable energy and thermal insulation.
He added, "These investment opportunities were announced after consultations and joint studies with the Investment Authority last June, and their bids were opened today," noting that "most of the offers we received are for the new city of Al-Jawahiri, which is located in the former Tariq camp near Abu Ghraib, as well as the city of Al-Janaen." In Babylon and the banks of Karbala in Karbala Governorate, the city of Ghazlani in Nineveh and the new city of Fallujah in Anbar.
He pointed out that "there is a new batch of residential cities that will be in other governorates," explaining that "the government expects, after taking this path, and sought to find these opportunities to contribute to alleviating the housing crisis."
He stressed that "there is a percentage of the serviced residential land that will be in these cities, and its ownership will be transferred from the investor to the state, and another percentage of these cities includes housing units for people with special needs, as well as for the families of martyrs."
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Added 08/22/2023 - 12:06 AM
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Construction Minister Benkin Rikani at the press conference
Construction Minister Benkin Rikani at the press conference
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On Monday, the Federal Ministry of Construction and Housing announced the details of new residential cities projects in five governorates, after presenting investment opportunities.
The head of the new cities team, Minister of Housing, Bankin Rikani, said, in a joint press conference with officials and governors held today in Baghdad, that "many citizens are looking for the feasibility of housing complexes, and this is what created an accelerating crisis, and therefore the need has become urgent to implement and provide residential cities within modern standards that guarantee Decent living and the requirements of urban life, by defining large areas and displaying its services in a civilized manner, according to modern architectural designs, sustainable energy and thermal insulation.
He added, "These investment opportunities were announced after consultations and joint studies with the Investment Authority last June, and their bids were opened today," noting that "most of the offers we received are for the new city of Al-Jawahiri, which is located in the former Tariq camp near Abu Ghraib, as well as the city of Al-Janaen." In Babylon and the banks of Karbala in Karbala Governorate, the city of Ghazlani in Nineveh and the new city of Fallujah in Anbar.
He pointed out that "there is a new batch of residential cities that will be in other governorates," explaining that "the government expects, after taking this path, and sought to find these opportunities to contribute to alleviating the housing crisis."
He stressed that "there is a percentage of the serviced residential land that will be in these cities, and its ownership will be transferred from the investor to the state, and another percentage of these cities includes housing units for people with special needs, as well as for the families of martyrs."
Views 43
Added 08/22/2023 - 12:06 AM
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