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Saudi Oger wins deal to redevelop Al-Rashid district in Baghdad

The Iraqi government has appointed Saudi Oger to one of four contracts to redevelop the Al-Rashid district of Baghdad. The Construction & Housing Ministry says it has selected four proposals to build 63,000 new housing units, along with commercial and recreational facilities in the district, which lies to the south of the capital in the heavily secured International Zone.

"We have selected four proposals for the area from 25 suggestions by local and international companies. The plan is to modernise the area," says Faleh Alamiri, deputy construction and housing minister.

"Companies can come and design their own specifications for the area. We will give them a list of what needs to be included – a hospital, schools, housing."

The companies will be given free land, security guarantees and assistance with getting materials through customs.

The contractors leading the other three selected proposals have not been named.

Source: MEED