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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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    Iraq repaid $ 560 million of the company "Hanwha" Korean implementing residential project Basmajh

    Rocky
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    Iraq repaid $ 560 million of the company "Hanwha" Korean implementing residential project Basmajh Empty Iraq repaid $ 560 million of the company "Hanwha" Korean implementing residential project Basmajh

    Post by Rocky Mon 02 Jan 2017, 2:29 pm

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    City residential Basmajh
    Iraq repaid $ 560 million of the company "Hanwha" Korean implementing residential project Basmajh


    Author: HAA 
    Editor: BK 
    1.2.2017 20:29 
    Number of Views: 752


    Long-Presse / Baghdad
    Korean newspaper revealed on Monday for Iraq to pay $ 560 million for the company, "Hanwha" implementing the project Basmajh residential, while the company is likely to implement more projects in Iraq, with the imminent defeat (Daesh) and high global oil prices.
    The JoongAng Daily Korean newspaper, in a report today, I followed (range Press), "The Hanwha Engineering Construction, reconstruction, implementing the project Basmajh residential, received their wages unpaid in the amount of 560 million dollars," noting that "the Iraqi government made the payment to the company week the past".
    The newspaper quoted a spokesman for Hanwha Corporation, as saying that "the payment of wages shows the Iraqi government's determination to go ahead with the project," predicting that "the Iraqi government's progress in more orders for infrastructure projects and reconstruction, under the direction of the war in the country towards the truce, and the continuing high prices oil. "
    The speaker's opinion, that it is "sure to win the company Hanwha further requests from the Iraqi government because of the foundations of mutual trust built between the parties."
    The amount of Al560 million dollars, to compensate for the wages have not been paid since the start of the project to establish operations in 2012.
    And oversees the Korean construction company Hanwha, the reconstruction of a new residential city in Basmajh district, (10 km) southeast of Baghdad, at a cost of ten billion and one hundred million dollars, the largest project handled by the Korean company-wide external work, and is expected to be completed during the year 2019, where It includes 100 thousand housing units as well as other service facilities attached to the project.
    The Iraqi government has proceeded to pay wages in the form of payments, but the difficulties faced by the war against the (Daesh) and falling oil prices, prevented repaid on time.
     


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