MP Says Bismayah Housing Project has ”Failed “
By John Lee.
An MP and member of parliament’s the Economic Committee has described the giant Basmaya [Bismayah] City housing project as “failed”, and says “the National Investment Commission (NIC) will not be able to implement it.”
Azez al-Mayahi, of the Iraqiyya party, demanded that the NIC clarify that status of the project, according to AIN.
‘The Basmaya project is totally failed and there is no way that the Hanway [Hanwha] Korean Company could built 100 000 housing unit within seven years … Until now the Commission did not start establishing infrastructure of the project which has bad implementation plan“, he said.