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Baghdad province expects to direct a project Basmajh through next July
Date: Thursday, 06.07.2012 6:33
Baghdad / range
predicted the province of Baghdad begin work project Basmajh housing during the month of July, asserting that it was lowering the interest rate for the housing units to 3%, while dedicated secretariat of Baghdad, two plots of land to the Ministry of Housing and Reconstruction in the Karkh and Rusafa area of 270 dunums for the construction of residential complexes for citizens through year.
The governor of Baghdad Salah Abdul Razzaq "Alsumaria News", the project of Basmajh will last seven years, and after two years of direct it will start the delivery rate of 1,800 apartments a month, and expected "direct this project during the month of July."
Abdul Razak added that "has been reduced interest rate to be understood from this project, people with limited income and we would do half the interest is 6% to be imposed on loans, "asserting that" the citizen will pay only 3% of the interest. "
The Abdul Razzaq that "the State also devoted billion for infrastructure for the project, with respect to the services of water, sewage and electricity, "explaining that" these things if they remain on the company to increased cost of buildings. "
He said Abdul Razak that the "contract city Basmajh of large contracts and the project is the largest city are held in this capacity," adding that "the contract and take a long time of correspondence and the conditions and guarantees that the value of more than seven billion dollars and includes 100 thousand housing units on an area of 20 million square meters. "
For his part, Chairman of the National Investment Sami al-Araji, said in a statement received "Alsumaria News," a copy of it, that "the body and in agreement with the General Company for Iraqi Fairs opened a special center to receive the registered and wishing to register in the project Basmajh, "noting that" the center will be under the supervision of specialists from the Commission and experts from the South Korean company is executing the project. "
Araji said that "the goal of opening of the center is to answer all inquiries directed by the visitors, as well as for the promotion of transactions wishing to register and sign a housing unit after payment of 25% of the value of the branches of banks, Rafidain and Rasheed, Iraqi trade. "
He al-Araji, that "65% of the amount of the housing unit paid in installments for a period of 15 years and an interest rate of 3% period Smahat up to 4.5 years and the remaining 10% paid in cash upon receipt of the housing unit, "noting that" priority will be in receipt of housing unit to those who pay the amount at once or pay the premiums within less than a grace period of six months. "
In the meantime, dedicated secretariat of Baghdad, two plots of land to the Ministry of Housing and Reconstruction in Karkh and Rusafa area of 270 dunums for the construction of residential complexes of the citizens during the current year, demanding the ministry to work at the level of investment is more serious and sort the vast lands in the outskirts of Baghdad.
U.S. Undersecretary of Secretariat for Technical Affairs Ibrahim Mustafa in a statement carried (the Sumerian News): The Secretariat has allocated two plots Land of the Ministry of Housing and Reconstruction, the first in the Rusafa area of 70 dunums and the other in the Karkh area of 200 acres to build housing complexes for citizens during the current year.
said Mustafa that the secretariat of Baghdad calls for the construction of housing units through investment and revitalize the role of the private sector.
called Mustafa and the Ministry of Housing to seek to sort vast lands in the district and the parties outside the boundaries of the Municipality of Baghdad and coordination with the Ministries of Finance and the municipalities in this regard, pointing out that the secretariat of Baghdad, worked continuously and intensively to build housing units vertical since 2005 through the investment sector to implement a number of important projects.
and among the most prominent of these projects is a project investment territory of the camp, good to build 65 thousand housing units and the construction of future city west of the capital to build 30 thousand housing units together with a draft Dabbash residential citizens to moderate income, as well as dozens of small projects granted investment licenses for construction as well as the largest project in the history of Iraq, which holds the state funded a project (10 × 10) for the reconstruction of Sadr City. "
The Minister of Construction and Housing Mohammed's Darraji confirmed in (April 10, 2012), that the province of Baghdad need to 150 thousand units per year to curb the housing crisis where, pointing out that his ministry has not allocated any housing complex to Baghdad in the last year and this because of the lack of the necessary land.
Prime Minister Nuri al-Maliki, the situation in (30 May 2012), the foundation stone for the project Basmajh housing in Baghdad, which includes 100 thousand housing units, confirming the presence of a tendency to build 200 thousand housing units for the poor and to address the crisis housing government bears the expenses, meanwhile, announced the signing of the contract to implement the project with one of the Korean companies.
and authorized the Council of Ministers (15 May 2012), head of the investment authority to sign the contract, as amended, and the granting of investment license for a project city Basmajh with Hanwa South Korea.
The Association of national investment agreed in the (13 August 2011) with Korean companies and the U.S. to build a 200 thousand housing units in Baghdad and Basra, out of a million units seeking to implement them for the end of 2014, and opened a body in (25 September 2011), the registration on its website on these residential units Having shown that the priority registration will be for staff and then retired and citizens but implementation was delayed, and he attributed the President of the Investment Authority to the recent negotiations with the Korean company executing the project.
The Commission decided in September of 2011, raising the price of the housing unit in the Basmajh southeast of Baghdad, to 600 dollars per square meter for up to 60 thousand dollars to an area of 100 square meters after it was due $ 500 per meter, noting that raising the price of the housing unit comes to provide the requirements of the infrastructure of the housing unit.
noteworthy that Iraq suffers from a housing crisis suffocating due to the increasing population in comparison the number of residential complexes, in addition to the inability of citizens, especially low-income owners of housing units and building of their own, because of the high cost of land and building materials, forcing many of them to build houses on agricultural land registered in their names.
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