04/01/2012 18:52
KIRKUK, Jan. (AKnews) – Officials in Kirkuk province laid the cornerstone of a 600-unit housing complex worth 16.5 billion Iraqi Dinars (about US$13 million).
The project, implemented by a local Iraqi company, is funded by the province’s petrodollar money. Kirkuk is one of the richest provinces in the country after Basra that export the majority of Iraq’s oil production.
“This project in southern Kirkukt comprises 600 housing units. The company will have to accomplish if in 8 months. The units will be given to needy families from all ethnic groups in Kirkuk for low prices” Kirkuk governor Najmaddin Karim told a press conference in Kirkuk.
The governor said the project ill contribute to easing housing issues in the province in particular as a second project is being implemented in northern Kirkuk province to be sold to local residents under the same arrangements”
Kirkuk is a multi-ethnic province that is populated by Kurds, Turkmen, Arabs and Christians”
Housing is one of the biggest issues in Iraq. According to figures, Iraq needs about one million housing units to overcome housing issues in the country.
http://www.aknews.com/en/aknews/2/282305/