Egypt's Orascom Housing Communities, a subsidiary of Swiss-based Orascom Development Holding, is in talks with the Iraqi government to buy land for a budget housing project, al-Mal newspaper has reported. The company is looking at two plots, one in Taji in central Iraq and the other in Basra in the south, and is waiting for the Iraqi government to state their price before choosing between them. Each is 9 million square metres, according to the daily.
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