By Mohamed Fadhil
Azzaman, May 29, 2008
International firms are competing for one of the largest construction schemes in the country at a total cost of nearly $15 billion, a statement by Baghdad Municipality said.
The statement said 14 firms have supplied tenders to construct the Al-Rasheed City to be built on a former massive military camp bearing the same name.
The city will include a 4000-bed hospital and as well 21 specialized clinics to form the largest medical complex the Middle East in the future, the statement said.
The residential complex that will include six residential sectors with hundreds of 3-6 story building is expected initially to house 60,000 people, it added.
The return of some semblance of normalcy to Baghdad is encouraging some firms to submit offers.
Most foreign firms had fled Iraqi due to mounting insecurity. Many have migrated to the more peaceful Kurdish north, taking a wait-and-see attitude.
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