Resumption of Iraq’s largest city project by South Korea
South Korea’s Hanwha Corp. is resuming a $10 billion project to build the Bismayah new city in Iraq after a 16-month hiatus. The project, which was first proposed in 2010 and awarded to Hanwha in 2012, aims to build 100,000 housing units on 1,830 hectares of land with all necessary infrastructure. Hanwha halted work on […]
