Al-Sudani Launches the Phase One of the Eduba Project to Build 600 Schools Through the Iraq Development Fund

Baghdad-INA
 
Prime Minister Mohammed S. Al-Sudani launched today, Monday, the first phase of the “Eduba” Project, aimed at constructing 600 new school buildings across Iraq’s provinces. The project is part of the Iraq Development Fund initiatives, with implementation set to proceed through the private sector after completing all necessary technical and preparatory measures for construction.
 
The Prime Minister's Media Office stated in a statement received by the Iraqi News Agency (INA),”During the launch ceremony, contracts were signed with “Meinhardt,” a global consulting firm, and with “Yerim Contracting,” one of the twelve private companies tasked with executing this phase of the project. The contracts were signed by the Iraq Development Fund’s executive director, Mr. Mohammed Al-Najjar.”
 
In his speech during the ceremony, Al-Sudani emphasized that the Iraq Development Fund represents the beginning of a new phase of developmental work, highlighting the government’s vision to build a strong and sustainable economy, positioning Iraq on the path to prosperity and stability, supported by active private sector participation.
 
The key points from the Prime Minister’s remarks during the event:
 
We have taken a new step in building schools through the Iraq Development Fund, and the country needs 8,000–10,000 schools.
We have completed the structural preparations for the Iraq Development Fund and are working on drafting a bill to be submitted to Parliament.
The Iraqi private sector is capable and prepared to work under all circumstances and has contributed significantly to infrastructure projects.
Infrastructure remains one of the primary challenges in the education sector, and new designs and modern technologies have been adopted for services and maintenance.
We trust in the private sector’s ability to build schools, and land allocations have been prepared.
We have 600 schools to build, with 12 companies equipped and ready to construct dozens of schools.
Coordination between the Ministry of Education and the Governorates is essential for land allocation and building schools according to technical specifications, with consultants overseeing implementation.
The Ministry of Education is the starting point for the Iraq Development Fund’s projects, and the phase two will focus on housing.
We will focus on building residential complexes under a “rent-to-own” model, with housing units allocated to the families of martyrs and the injured.
Providing sovereign guarantees is a crucial step in economic reform and private sector support.
In Spain, we signed an agreement with the Testa Foundation to provide funding ranging from 200 million to 1 billion euros in coordination with the Trade Bank of Iraq (TBI).
The private sector has the opportunity to establish national industries, deliver services, and create job opportunities for our citizens.