NIC – Bismaya New City Mixed-Use Development – Baghdad - Project Profile
"NIC – Bismaya New City Mixed-Use Development – Baghdad - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
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National Investment Commission (NIC) is undertaking the construction of Bismaya New City project in Baghdad, Iraq.
The project involves the construction of 100,000 houses comprising eight towns on 1,830ha of land.
The project includes the construction of a total of 839, 10-story buildings and 58 apartment complexes; about 300 institutions, including schools, hospitals, and public facilities; roads, water and sewage facilities and additional infrastructure facilities to support 600,000 residents.
It also includes the construction of access roads, parking facility, the installation of 1,668 elevators, safety and security systems.
In May 2011, Hanwha Engineering & Construction company was appointed as the EPC contractor for the project, and the company will also be responsible for the design activities of the project.
Harlow International has been appointed by Hanwha Engineering and Construction Corp as a sub contractor for civil works of the project.
In September 2011, plans for the project were finalized.
In March 2014, the construction work on the project commenced and Hyundai Elevator Co. secured a US$63 million contract to supply 1,668 elevators for all apartments and buildings within the city.
In June 2015, the construction works on 1,440 housing units of A-1 Block in A Town of the project completed.
In October 2015, the construction works on 1,680 housing units of A-2 Block of the project completed.
In January 2017, 30% of the construction works were completed.
Construction works are underway and expected to be completed by 2019.
The project involves the construction of 100,000 houses comprising eight towns on 1,830ha of land in Baghdad, Iraq.
The US$8,000 million project includes the following:
1. Construction of new houses
2. Construction of 839 10-story buildings
3. Construction of 58 apartment complexes
4. Construction of access roads
5. Construction of about 300 institutions, including schools, hospitals and public facilities
6. Construction of parking facility
7. Installation of safety and security systems
8. Installation of 1,668 elevatorsReasons To Buy