Iraq signed a contract with South Korea’s Hanwha Engineering & Construction Corp. to build 100,000 residential units in the capital, Baghdad, according to an e- mailed statement yesterday from the city’s governor.
Salah Abdul Razzaq, Baghdad’s governor, said more than 30,000 people are registered for the units so far, adding that the project will secure 100,000 jobs.
Abdul Razzaq said the Iraqi parliament may soon approve $2 billion worth of projects for the Housing Ministry to build residential units.
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