Residential Complex Project for SOMO and Iraqi Ministry of Oil employees / Baghdad / Iraq.

Fromewill Ltd/ BISAN Co. Partnership has awarded the above mentioned project by SOMO ( Iraqi Oil Marketing Company / Iraqi Minister of Oil )

Contract value 50,798,525,000.00 ($41,000,000.00 Forty One Million US Dollars )
Total development area 80000 m2 divided into two parts as follows:
1st part:
Construction of a residential complex for SOMO & Ministry of Oil employees only, as per following details:
Location: Central of Baghdad, part of existing SOMO complex.
Total area: 64000 m2
Total construction area: 71250 m2
No. of Buildings: 31
Total No. of flats: 453 (48 Flats x Type A, 150 Flats x Type B, 133 Flats x Type C, 120 Flats x Type D).
Area of flats: Type-A 200 m2, Type-B 175 m2, Type-C 150 m2, Type-D 1256 m2.
Infrastructure: Power, Water, Sewage, Rain Water, Fire Fitting, Roads, Central Gas Distribution system, Tel System, Satellite system, Internet system and landscaping.
2nd part:
16000 m2 commercial area to be leased to the partnership for 25 years extendable to 50 years

The 16000 m2 land will be developed into:

1 - Multistory shopping mall with integrated food supermarket including resturants etc.

2 - Multistory car park

3 - Petrol station.

4 - Car wash facilities.

please Click here to view the Investment license award letter.