Construction Booming in Baghdad
|July 16, 2013||Filled under Iraq Daily News|
The head of the Baghdad Investment Commission (BIC), Shakir al-Zamil [Shaker Shabib] (pictured), said he recently authorized the construction of 2600 housing units for the Ministry of Higher Education and Scientific Research.
Azzaman reports him as saying that private and foreign investments are pouring into Baghdad, despite the latest upsurge in violence.
He said 14 more projects under construction by private entrepreneurs were to be completed soon, adding “the commission is currently negotiating the launch of 30 new projects by private investors in Baghdad.”
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