The Iraqi cabinet has accepted the allocation of a part of plot (1/89, District 14, Al-Haswa), currently owned via the Ministry of Finance and specified for the Ministry of Defence, primarily based on the Defence Ministry’s actual land wishes.
a complete of two,400 dunams will be allocated to the Iraq improvement Fund to settlement with Elsewedy electric powered for the establishment of an financial town, under the terms of a Memorandum of understanding signed with the aid of each parties.
The final land can be allocated to the countrywide investment commission (NIC) for the development of big-scale monetary towns. The cabinet additionally authorised an exemption from cabinet selection No. 169 of 2022 for this land allocation.
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