PROJECTS: Iraq to build 13 new residential towns

Two in Baghdad will comprise 40,000 houses

  
Image used for illustrative purpose. A general view of Bismayah residential project in Baghdad, February 26, 2015. REUTERS/Thaier Al-Sudani

Image used for illustrative purpose. A general view of Bismayah residential project in Baghdad, February 26, 2015. REUTERS/Thaier Al-Sudani

REUTERS/Thaier Al-Sudani
Iraq has approved the construction of 13 new residential towns as part of a post-war plan to provide houses for citizens and tackle a festering housing problem, the official Iraqi Alsabah newspaper said on Tuesday.
 
The Construction and Housing Ministry endorsed the new projects in the capital Baghdad and other governorates and is awaiting cabinet approval for land plots to be allocated for those towns, the paper said, quoting Ministry adviser Ahmed Ismail.
 
“These towns will comprise low-cost houses to ensure all citizens can afford them...they will be offered to investors who are capable of carrying out such projects,” Ismail said.
 
Baghdad Municipality Director Yassir Al-Qureishi said two of those towns would be built in the outskirts of the capital and will include nearly 40,000 houses.
 
(Writing by Nadim Kawach; Editing by Anoop Menon)

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