Iraq PM Launches 6,000ha Housing Project
By John Lee.
Iraqi Prime Minister Mohammed S. Al-Sudani has launched the Residential City Development Project in Nahrawan, Baghdad, covering 24,197 donums [approx 6,000 hectares, 15,000 acres], to provide serviced residential plots for Ministry of Defense personnel.
The project is being managed by Dubai-based World Legend Contracting.
During the ceremony, the Prime Minister also handed over land title deeds to families of armed forces martyrs.
The Prime Minister announced plans to extend the initiative to other provinces and security agencies, ensuring infrastructure services such as schools, health centers, and public service offices.
He emphasized that real estate developers will execute the projects under the supervision of the Ministry of Defense and the Ministry of Construction, Housing, and Municipalities.
Key points of the Prime Ministet's speech: Expansion of serviced residential plots to other provinces and security agencies.
New housing projects include Al-Ghazlani City (Mosul), another city in Basra, and the recently inaugurated 6th of January City (Taji).
Al-Ward [Wardi] City will add 110,000 housing units, located 3 km from Al-Fursan Residential City.
A 17 km road is under construction to connect central Baghdad to these residential projects.
Integration of new residential cities into the Baghdad Metro Plan, with global companies engaged in discussions.
The government has signed agreements for over one million housing units nationwide.
Sovereign guarantees for the private sector to support industrial growth and real estate development.
Encouragement for private sector investment in construction material factories to meet market demand.
This initiative aligns with the government's long-term urban planning strategy, ensuring modern infrastructure and sustainable housing solutions for security personnel and citizens.
(Source: PMO) Tags: Ali Al-Wardi Residential City project, Baghdad, Baghdad Metro, cg, dubai, featured, Housing, Infrastructure, Nahrawan, real estate, Residential City Development Project, United Arab Emirates (UAE), Urban Development, World Legend Contracting
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Shafaq News
3 hours ago
- Shafaq News
Iraq's President in France for UN ocean summit
Shafaq News/ Iraqi President Abdul Latif Rashid arrived in France on Sunday to attend the United Nations Ocean Conference, where he is expected to meet French President Emmanuel Macron for high-level discussions. The conference brings together world leaders to address marine pollution, climate resilience, and the sustainable management of ocean resources. An Iraqi official familiar with the visit indicated that discussions with the French side are expected to focus on infrastructure initiatives, expanding environmental cooperation, and following up on previously signed agreements. Earlier today, President Rashid emphasized Iraq's interest in strengthening its partnership with France, reiterating a commitment to cooperation across political, environmental, and economic spheres. He also reaffirmed Baghdad's policy of neutrality in global affairs, pointing to strategic partnerships as a means to advance the country's economic reform agenda. The visit follows earlier discussions between Macron and Iraqi Prime Minister Mohammed Shia al-Sudani, who met in March to review the $17B Development Road project. The initiative aims to link Asia and Europe through Iraq, with the potential to generate up to one million jobs. Since 2023, Iraq and France have formalized a series of agreements spanning energy, defense, and transportation. Baghdad is currently preparing to host an Iraq–France business forum, an event designed to enhance private-sector ties and attract new investment.
Shafaq News
6 hours ago
- Shafaq News
PM Al-Sudani: Iraq ready to export 80 local products
Shafaq News/ On Sunday, Iraqi Prime Minister Mohammed Shia Al-Sudani announced that about 80 locally manufactured products are now ready for export, highlighting Iraq's expanding role as a regional economic hub. Speaking to tribal leaders during Eid al-Adha celebrations, Al-Sudani emphasized a renewed focus on improving management across various sectors, stressing that ongoing economic reforms aim to reduce Iraq's dependence on oil and accelerate efforts toward diversification. Al-Sudani then outlined Iraq's ambitions through the Development Road project, describing it as a 'transformative initiative' designed to position the country as a key transit route in global trade. The project, he added, seeks to build a 'new Iraq' by enhancing economic connectivity while maintaining an independent political stance on regional and international affairs. In April 2024, Iraq joined Turkiye, the United Arab Emirates, and Qatar in signing a four-party agreement to advance the Development Road. This initiative aims to stimulate economic growth, boosting regional cooperation by improving trade flows, simplifying cargo movement, and establishing a competitive transport corridor linking East and West. With an estimated investment of $17 billion, the project is expected to create around 100,000 jobs in its initial phase, with employment rising to as many as one million once fully completed.
Shafaq News
9 hours ago
- Shafaq News
Iraqi expert: Turkiye using water as leverage in trade
Shafaq News/ Turkiye is increasingly linking access to water resources with trade flows to Iraq, raising concerns about the potential long-term impact on the country's agriculture, industry, and economic independence, according to Manar al-Obaidi, head of the Future Iraq Foundation. In a Facebook post, al-Obaidi referenced comments by Gursel Baran, chairman of the Ankara Chamber of Commerce, who outlined a shared objective between Baghdad and Ankara to raise bilateral trade to $30 billion annually, with Turkish exports expected to make up more than 90% of the total. While Baran did not provide details on when or where this target was set, al-Obaidi interpreted the figures as reflecting Ankara's growing view of Iraq as a key export market. He also pointed to a shift in the bilateral relationship's framework. The longstanding concept of 'oil for water,' he observed, appears to be evolving into a new arrangement he described as 'imports for water,' in which increased Iraqi imports from Turkiye could influence the volume of water released from Turkish dams. Under this emerging arrangement, al-Obaidi cautioned that Iraq faces limited options: either tolerate reduced water flows, which he described as 'unacceptable,' or increase imports from Turkiye in the 'hope of securing more favorable water releases.' He further urged the Iraqi government to clarify its position by either publicly rejecting the proposed trade target or disclosing details of any formal agreement with Turkiye, if one exists.
