Licenses to establish $1.9 billion houses in Najaf

NAJAF / IraqiNews.com: The Najaf Investment Commission approved 17 investment licenses to set up 19,000 houses in Najaf at a cost of $1.9 billion, according to chairman of the commission. “The Najaf Investment Commission has approved recently more than 125 licenses in all fields, including 17 to Iraqi and foreign companies to establish 19487 houses in the province at a cost of one billion and 900 million dollars,” Wafi al-Bahash told IraqiNews.com news agency, noting that the projects will be implemented in the coming two years. “The projects will solve the housing crisis in the southern province,” he added. Najaf is 160 km south of Baghdad. SH (TP) 1082