At a cost of 5 billion dollars... A Chinese housing-tourism project in Erbil

At a cost of 5 billion dollars... A Chinese housing-tourism project in Erbil

Oct 26 2020

ARK News… The head of the Erbil branch of the Investment Authority on Sunday revealed that China is about to implement giant tourism and housing city in the capital of the Kurdistan Region, Erbil, at a total cost estimated at five billion dollars.

Saman Arrib said that the Chinese Beijing Company has submitted a proposal to the Investment Authority to implement a tourism and housing project worth five billion dollars," and stressed that "the project will provide eight thousand job opportunities for the unemployed in the region."

Arrib also said that "The project was presented to the municipality of Erbil, the Minister of Municipalities and the Mayor of Erbil to provide the suitable land for it," and that Chinese investors made a visit to the specified location in northwestern Erbil.

He explained that "the Chinese Beijing Company has completed similar projects in several other countries," noting that "the tourism city project will consist of a water lake, a sports site, and other vital facilities."

The Kurdish official said: “After providing the land area and completing the construction of the road, the Beijing Company will start implementing the project on an area of two thousand Donums.”

Source: BasNews (translated from Arabic)


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