- Minister of the MOLIT visits Iraq to commemorate the resumption of the Bismayah New City project
- The resumption is the outcome of the endeavors by the government and companies, while Iraq the country shows strong commitments to housing and urban projects
- Iraq requests Korean companies to participate in railway and road network projects for reconstruction (USD 17 billion)
The Ministry of Land, Infrastructure and Transport (MOLIT, Minister PARK Sang-woo) announced that it dispatched a team of bidding support led by the Minister of MOLIT to Iraq on Sunday 25 February to attend the occasion for commemorating the resumption of the Bismayah New City project and to support biddings for Iraqi reconstruction projects, including the development of new follow-up cities.
As a large-scale urban development project, the Iraq's Bismayah New City project has resumed in earnest and it is expected that a green light could be given to advance into Iraq's reconstruction project, which is planning up to 15 additional new cities.
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