Zero Hedge
By Tyler Durden
December 29, 2023
Via The Cradle,
On Friday Iraq broke ground on 30,000 housing units near Baghdad, as part of a $2 billion project in partnership with Chinese firms to build five new cities across Iraq, Bloomberg has reported.
The government of Prime Minister Mohammad Shia al-Sudani is seeking to build 250,000 to 300,000 housing units for poor and middle-class families. The new city on the outskirts of Baghdad will include universities, commercial centers, schools and health centers and should be completed in four to five years.