Based on Cabinet Resolution No. (245) for the year 2019, amended by Resolution No. (23374) for the year 2023, and Investment Law No. (13) of 2006 (as amended), in addition to relevant regulations and instructions, and with the approval of the Babylon Provincial Council under Resolution No. (100) dated 5/11/2024:
The Babylon Investment Commission announces an investment opportunity to establish a commercial markets project in the commercial sector on plot number (1/3777, District 9, Al-Yousufiyah), with a total area of 1 donum, 22 olik, and 45 square meters, owned by the Babylon Municipalities / Abi Gharaq Municipal Directorate.
Project Description:
The project involves developing commercial markets over the specified area to serve various commercial purposes. It aims to reflect modernity in design while ensuring efficient space use. Investors may submit their own conceptual designs but must comply with the standards and regulations of the General Directorate of Civil Defense. The project must include parking spaces, green areas, two fountains, restaurants, cafés, resting areas for customers and staff, waste disposal facilities, surveillance camera systems, and an early warning system, all in accordance with the detailed requirements.
The announcement period starts from the date mentioned above. Interested investors should visit the Commission’s headquarters at Hilla City Center – Bab Al-Hussein Intersection to obtain application forms and documentation. The application form costs 1,500,000 IQD (non-refundable).
The deadline for submission is Sunday, 20/7/2025, at 12:00 PM.
If the deadline falls on an official holiday, the deadline will be extended to the next working day.
A special conference to address inquiries will be held on Monday, 14/7/2025, at 10:00 AM at the Commission’s headquarters.