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Basra's Mawtin City Gains $927M Investment | Iraq News

On October 28th, Iraq's National Investment Commission approved a significant investment license for the Mawtin Basra Residential City, valued at $927 million. This project, part of Prime Minister Ali al-Zaidi's Watan Initiative, aims to create one million serviced residential plots to combat the housing crisis and stimulate economic growth. Spanning five phases, it promises modern infrastructure, integrated services, and the creation of thousands of jobs, addressing the country’s pressing need

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