* Kirkuk Ascanea implement projects worth $ 300 million during the current year

January 11th, 2012 06:24 am · Posted in NEWS: Dinar Currency & World Currency News 

Kirkuk January 11 (Rn) – The Investment Commission of Kirkuk, on Wednesday, on the implementation of a project to build residential units worth up to $ 300 million in the current year plan. Because of the increasing growth in population, suffer Kirkuk crisis in housing and often demonstrated its population to demand by giving them pieces of land or housing.

In spite of that Kirkuk is floating on a lake of oil, but it lacks many of the services, particularly the President and including water, electricity and housing. Assad said Fadel was named Associate Director of the Investment Commission of Kirkuk to the Kurdistan News Agency (Rn) that “the most important projects the Investment Commission of Kirkuk to the year 2012 due implemented in the province of Kirkuk, the establishment of housing units with an area of 825 dunums for the establishment of residential complexes horizontal implemented through investment. ” “The body is now in the process of obtaining the approval of the allocation of land to begin the implementation of the project, and made ​​more than 137 investment company required to obtaining an investment license by the Commission and we now in the process of selection of promising companies. ” “And we have yet to choose the 16 companies among the companies developed and will be the selection of companies once through coordination with the Kirkuk Provincial Council and Board of Directors of the investment.” and the date of implementing the said so-called “will be initiated this project Jabbar during the current year to provide housing units appropriate for the people of Kirkuk, “and on the amount that will be allocated for the project said,” For the cost of speculative initial project exceed more than $ 300 million in the north of Kirkuk, on the street link between Irbil and Sulaymaniyah this in the field of complex horizontal. ” In another context, pointed and called out that “the Board has another program for the establishment of a residential complex portrait in the county of more than 3 thousand housing units in the area of the Baghdad central Kirkuk.” He added “We are now in the process of negotiations with the company, which will refer the project it will be this year assignment project and the creation of only Almasterblan of the project and not start him now. ” Regarding cost, said so-called “you are determining the cost of this project so far and to study the economic feasibility of the project and the final will be announced later for the final cost of the project.”

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