Emaar to Launch Development in Erbil

Emaar to Launch Development in Erbil

Khaleej Times, Fri, Nov 15, 2013

by Kelly Clarke

According to the International Monetary Fund, Iraq is considered to be one of the world’s top ten fastest growing economies. Emaar Properties, a Dubai based company, is taking advantage of the rapid growth Iraq is experiencing and recently announced its plans to build a multi-billion dollar development project in the city of Erbil. Emaar is best known for its previous construction project in Dubai, the Burj Khalifa.

The company plans to build a mini-city in the center of Erbil, comprised of housing developments, a business district, a shopping mall, as well as educational and healthcare centers. Plans also call for the construction of three major hotels. The project is expected to create close to 45,000 jobs.

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