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Investment determine the end of the year as the date for delivery of the first meal of the units and residential complex Basmajh
2015/10/20
Baghdad
The National Investment Commission, on Tuesday, the end of this year as the date for delivery of the first meal of the residential units in the complex Basmajh housing, and with the continuation of work on the project confirmed in accordance with the schedules set, indicated that the basic services for the first meal will be completed in conjunction with the delivery.
The National Investment Commission in a statement received (range Press), a copy of it, that "to meet an expanded organized body in the Baghdad International Fair of selected registered on the draft Basmajh housing within the framework of her meetings rotating them a series to inform them of the details of the next phase of the life of the project, in the presence of the project manager for the South Korean company Hanwha Sang Soo Kim, "noting that" the head of the Sami Raouf Al-Araji stressed during the meeting, the continuation of the project in accordance with the timetables laid down. "
The statement quoted al-Araji, saying, "The pace of work rising for the delivery of the first meal of the condominiums end of this year," denying that "are no residential units in the project delivery services are incomplete."
He said al-Araji, that "the basic services for the first meal of the registered representative with drinking water, sanitation and electricity and gas will be completed in conjunction with the delivery of the meal," asserting that "labor-based to deliver the first meal of schools, clinics and other services."
He Araji, that "72 thousand housing units were recordable by the citizens via the Internet," pointing out that "the Commission was forced to take the approval of the cabinet to borrow from Iraqi banks, the amount of two billion dollars interest rate (4%) to make the first payment, which represents ( 25%) of the total value of the project to the company implemented over two years from the date of signing, because of failure to meet the total number to call to sign contracts and delivery of the first batch. "
The al-Araji, that "Hanwha company has invested these funds in the construction of 14 plants, which are the backbone of the project, in addition to infrastructure and buildings that are currently being implemented."
The Integrity Committee in the House of Representatives confirmed, in (19 October 2015), the existence of "suspicions of corruption" in the contract project Basmajh residential, and promised that the cost of which amounts to ten billion dollars, "earth-shattering" and can build more than 100 thousand units, and while denied Inc. (Hanwha) of South Korea, is executing the project the accusations or the presence of foot-dragging at work, and accused the media that the project aimed at trying to "distort the facts for unknown purposes."
The Basmajh residential project, located about 30 km southeast of Baghdad, and is hoped to combine a hundred thousand units,
The Ministry of Construction and Housing of Iraq suggested in (23 March 2015), delivered nearly ten thousand apartment for beneficiaries in the first phase of the project Basmajh residential, end of the year, hoping to complete the rest of the stages in the timing of time despite the security and financial difficulties in the country, in While the National Investment Commission confirmed its intention to implement several projects, including roads and train service to the inhabitants of the project in cooperation with the Iraqi authorities concerned.
The Korean company implementing the project Basmajh residential, confirmed in (the 24 of November 2013), that the first quarter of 2015, will see the completion of 1400 housing units, expected to see 2019 end to complete the project by 100 thousand units, while showed the Integrity Committee parliamentary, there is a lot of "suspicions of corruption" on the project contract, the government accused of being "implicated" the Central Bank and the Rafidain and Rasheed, where despite that "it is not right."
The city Basmajh new project, "the first and largest" development project in the history of Iraq, where the city is located, 10 km to the southeast of the city of Baghdad, the International League road between Baghdad - Cote.
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