Iraq Kurdistan needs 5k new homes a year to end shortage
Iraq’s Kurdistan region needs to spend 200 billion dinars ($172 million) a year on homebuilding to resolve a residential shortage over the next decade, according to an adviser to the housing ministry. “We are capable of resolving the housing crisis in the coming 10 years through building 5,000 units a year,” Ammar al- Najjar said […]Kadhim Ajrash and Khalid al-Ansary report for Bloomberg News:
Iraq’s Kurdistan region needs to spend 200 billion dinars ($172 million) a year on homebuilding to resolve a residential shortage over the next decade, according to an adviser to the housing ministry.
“We are capable of resolving the housing crisis in the coming 10 years through building 5,000 units a year,” Ammar al- Najjar said in an interview with Bloomberg today. “We’ll need 200 billion dinars a year to implement this plan.”
