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Baghdad needs $100 bln for new homes: mayor

Posted on 30 November 2010

From Reuters: Iraq needs an investment of $100 billion under a plan to build a million new homes in the capital and meet a shortfall in residential property for its growing population, Baghdad’s mayor said on Monday.
An eight-month delay in forming a government after a March election has deterred many foreign developers from entering Iraq to take advantage of efforts to rebuild its capital, Saber al-Issawi told Reuters in an interview……………………………………….Full Article: Source

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