Investment Project: (Commercial Complex)
Based on the Council of Ministers' Resolution No. (245) of 2019, as amended by Resolution (23374) of 2023, and in accordance with Investment Law No. (13) of 2006 (as amended), relevant regulations and instructions, and the approval of the Babil Governorate Council under Resolutions No. (100) dated 5/11/2024 and (112) dated 27/11/2024:
The Babil Investment Commission announces an investment opportunity to establish a Commercial Complex Project in the commercial sector on plot No. (24/11203, District 11, Wasiya), with a total area of 5 dunams, 3 olks, and 96 square meters, which is owned by the Hilla Municipality Directorate.
Project Description:
The project involves the construction of a commercial complex on the aforementioned plot, consisting of at least three floors, intended for various commercial uses. The design should reflect modernity and development, and must comply with the standards and regulations of the General Directorate of Civil Defense, as well as all specific design and investment opportunity requirements.
Application Details:
- The announcement period starts from the date of the document above.
- Interested investors are to visit the Commission’s headquarters located at Hilla city center – Bab Al-Hussein intersection to obtain application documents, requirements, and conditions.
- The cost to purchase the application form is 1,500,000 IQD (non-refundable).
- The final submission deadline is Thursday, 24/7/2025 at 12:00 noon. Applications will be opened immediately after. If the deadline falls on an official holiday, it will be extended to the next working day.
A special conference will be held to answer applicants’ inquiries on Thursday, 17/7/2025 at 10:00 a.m. at the Commission’s headquarters