Bloomberg News

Iraq May Offer Land to Builders for 4 Million Homes, Vatan Says

July 01, 2012

Iraq may offer land to builders to construct houses as the country needs as many as 4 million new homes, Vatan said, citing Iraqi Finance Minister Rafih al- Issawi.

The Iraqi government can give as much as 300 acres of land for free to each builder in Baghdad or other towns in Iraq, he said, according to the Istanbul-based newspaper.

To contact the reporter on this story: Ercan Ersoy in Istanbul at eersoy@bloomberg.net;

To contact the editor responsible for this story: Benedikt Kammel at bkammel@bloomberg.net


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