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Poland intends to offer a loan of 250 million euros
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Translated by IRAQdirectory.com - [11/24/2006]
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The Minister of Housing, Bayan Dizah Yi, said that Iraq obtained a loan of "250" euros without benefit from Poland to build housing units, then pay it back after five years from the date of completing their implementation. Dizah Yi, who met a Polish economic delegation of high-level in Amman, revealed that the Polish side stipulated the implementation of 40% of the construction by Polish companies in return for this loan. She pointed out that her ministry is about to present the Polish proposal to the Cabinet for consideration and approval. The minister pointed out that the ministry has a four-year work plan to build "three" million housing units that will be distributed among citizens and especially those with limited income. The sums of sale will be collected according to facilitated installments. She said that her ministry is in need for financial balance to start implementing the plan, which will last for the duration "2006-2010". The Minister of Housing and Construction has participated, for over three days, in the Arab Regional Conference "cities of hope", which concluded its work yesterday in the Jordanian capital. She presided one of the interesting sessions which tackled the reality of housing in Arab countries. Ms. Dizah Yi met with the Jordanian Minister of Public Labours and Housing, Eng. Hosni Abu Ghida, and explained the role, nature and structure of the Ministry of Construction and Housing in Iraq and its works in various.
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