Cairo-based Federation of Arab Contractors (FAC) has on Sunday announced a new tender to develop a major low-income housing project in Iraq’s Basra.
The project will be at a cost of KWD 40 billion ($131.7 billion), Iraqi Contractors Federation’s (ICF) president Ali Sanafi said.
The low-income project comes as part of FAC’s plan to provide various job opportunities for Arab construction companies, Sanafi added.