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Salah al-Din Investment Commission: 12 residential complex being implemented in the province

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Salah al-Din Investment Commission: 12 residential complex being implemented in the province



POST 22 MAY 2013 16:24
Salah al-Din / Center Brief for the Iraqi Media Network ( IMN) - Investment Authority said Salah al-Din, Wednesday, 12 residential complex is being implemented in various areas of the province by Arab and foreign companies and local.

The head of the essence for the stallion ( IMN) The "Arab and foreign companies and is currently implementing 12 local residential compound across the province each building vertical and horizontal numbers and different residential units."

He explained stallion that "one of the residential projects currently implemented is a jewel housing in Tikrit by 780 House residential, which was completed about 50% of his works have been selling about 600 House to citizens," pointing out that "buying houses and condominiums before the completion of evidence citizens' confidence in companies implementing projects. "

The Iraqi government has done from the procedures during the last period in order to undermine the housing crisis to normal limits after granting home loans to citizens without benefits.

According to the Ministry of Housing and business investment is the only solution to overcome the housing crisis on the grounds that the financial budget is sufficient to cover less than 20% of the crisis.

The government has begun creating the right atmosphere to attract foreign investment companies, especially in the field of construction and reconstruction after the introduction of amendments to the investment law to guarantee the rights of investors and gives them the largest facilities.

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