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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Reconstruction: The implemented housing projects cover only 50%

    Rocky
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    Reconstruction: The implemented housing projects cover only 50% Empty Reconstruction: The implemented housing projects cover only 50%

    Post by Rocky Tue 19 Sep 2023, 5:39 am

    Reconstruction: The implemented housing projects cover only 50%

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    Economy News _ Baghdad
    The Ministry of Construction, Housing and Public Municipalities revealed that the housing projects currently implemented by the government cover only 50 percent of the deficit in housing units.
    The Director General of the Ministry’s Housing Department, Engineer Sadiq Al-Fartusi, said in an interview with Al-Sabah, followed by Al-Iqtisad News, that the country suffers from a deficit in housing units, exceeding 3 million units, despite the government’s implementation of 7,000 housing projects since 2003, warning at the time It also indicates that there are one million and 200 thousand government requests to obtain plots of land in the city of Baghdad.
    He explained that his department was able to distribute more than 9,000 housing units among multiple segments, including families of martyrs, displaced persons, and the disabled, as well as widows and divorced women, while it continues to implement 17 housing projects, the units of which will be distributed later among the aforementioned categories, who did not receive a plot of land.
    In the same context, Al-Fartusi stated that the department approved the designs of more than 350,000 investment housing units, stressing that the projects implemented by the government cover only 50 percent of the actual need, in light of the increasing population growth.
    He noted that the department is in the process of developing a work strategy until the year 2030 in implementation of the government program that focuses on the housing sector, in order to provide the necessary support, especially for the new residential city projects implemented by the ministry, as they will provide at least one million housing units in Baghdad and the governorates, in addition to solving The problem of expropriating and allocating lands in coordination with municipal departments that do not have sufficient funding to appropriate lands on which to build housing projects. He stressed at the conclusion of his speech the necessity of re-introducing the Central Bank’s initiative to support the Housing Fund, to continue lending to citizens after it stopped after the amounts allocated to it ran out.



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