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Kurdistan's real estate sector worth $10bn
- Thursday, June 05 - 2008 at 07:18
The real estate industry in Kurdistan is now worth about $10bn, reported Gulf News. The chairman of the Kurdistan investment board says there are about 40,000 housing units under construction in the country in conjunction with Italian, German and American companies. However, the majority of investors and trade partners in Kurdistan are Turkish. Dubai developer Damac recently announced plans to develop a $15bn master development in Erbil, the capital of Kurdistan.
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Jeff Florian, Senior ReporterThursday, June 05 - 2008 at 07:18 UAE local time (GMT+4)
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