Investment Opportunities in Shopping Centers

Investment Opportunities in Shopping Centers

Announcement
Investment Opportunities in Shopping Centers

According to the investment conference held with the attention of respectable Minister of Trade and referring to the discussion of the investment opportunities held at 1L6L2011.
The State Company for Shopping Centers / Ministry of Trade is pleased to invite national, Arab and foreign companies specialized in the design, construction and management of modern malls to indicate their interest in investment for the estate lands mentioned in the table shown below:
No.
The Location and Type of the estates
Details & Description
1-
Al- Amel Shopping Center which is situated at !- Karkh in Baghdad Governorate
It is an empty piece of land of total area of 9 Dunam, 22 Ulke , fenced and situated in Al- Amel city
2-
Al- Thulatha Shopping Center wich is situated at al- Rusafa in Baghdad Governorate
Total area of 13 Dunam, 15 Ulke and 92 M²
3-
Al- Mustansyria Shopping Center which is situated in Baghdad Governorate,
(Damage percentage: 100%)
Total area of 14 Dunam, 4 Ulke and 44, 72 M².
The building is consisted of 4 floors with a crypt.
4-
Al- Salihia Shopping Center which is situated in Baghdad
(Damage percentage: 40%)
Total area of 4 Dunam, 9 Ulke and 55, 10 M².

5-
Al- Shaab Shopping Center which is situated at Al- Rusafa in Baghdad.
(Damage percentage: 50%)
Total area of 10 Dunam, 15 Ulke and 65 M².
The building is consisted of 4 floors with a crypt.
6-
Al- Adel Shopping Center which is situated at Al- Adel city in Baghdad
(Damage percentage: 40%)
Total area of 9 Dunam and 11, 5 M².
The building is consisted of 4 floors.
7-
The Duty Free Shopping Center which is situated at Al- Rusafa in Baghdad
(Damage percentage: 50%)

Total area of 4 Dunam, 6 Ulke and 25 M².
The building is consisted of 4 floors with a crypt.
8-
Um Al- Broom square at Basrah Governorate – Al- Ashar
Total area of 3 Dunam, 18 Ulke and 54 M².

9-
A piece of land that is situated at Babylon Governorate
Total area of 3 Dunam, 12 Ulke and 50 M².

– The offers of investment for the above shopping center must comply with Iraqi investment law No. 13/2006 as amended and the state companies law No. 22/1997 as amended and the companies have to present illustrated, complete offer according to the following terms and conditions:-
1- To present technical offer clarifying the construction, diagram, sketches and site plan for the dimension of the exploited area from the land and also to present the diagram of the architectural frontage and details of available spaces for the projects floor.
2- To present a commercial offer covering the total cost of the project and the expected financial revenues and percentage specified for the ministry.
3- To specify the number of employees the investor will keep of the original number working in the shopping center.
4- The companies must present a separate design for each site (shopping center) or one of them as well as the assistant additional attachments like restaurants, entertainment centers, conference halls, parks and garages based on the designated areas above.
5- The companies must present a record of similar works and to have high experience in achievement of such (malls, which has been designed, constructed, managed or owned) by them confirmable by authenticated official letters issued by specialized institution.
– Also to present a confirmable bank document proving their financial ability issued from an international first class bank or from a local bank accredited by Iraqi Central bank.
6- To present schedule for the execution of the investment plan proposed by the company and to specify the period of the investment in their commercial offer.
7- The companies must present their offers within a period not exceed the end of the official work time of Monday, 1.Aug.2011.
For more information, please contact the web site of Ministry of Trade / State Company of Shopping Centers as mentioned below…with our best regards.