A Jordanian company obtained an investment license for the construction of 1512 housing units

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Iraq granted a Jordanian company an investment license to set up 1512 housing units at a cost exceeding $ 193 million.
The head of Basra Investment Commission Ali Jasab Mohammed said in a statement, informed by the Iraqi Economic Center, “The decision makers of housing and real estate development granted an investment license for the establishment of residential complex, on an area of ​​(189) acres, at a cost of more than (193) million US dollars “He said.
“The complex includes 189 residential units, including 758 for horizontal construction and 754 for Al Amoudi, in addition to markets, schools, parks and other services,” Mohammed added.
He pointed out that “the project came within the plans of the Authority seeking to grant more investment permits and in various sectors in order to develop the investment reality, so as to contribute to provide the best services to citizens while Iraq needs three million housing units to address the housing crisis suffered by citizens.”

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