Iraq's Corruption
People & Institutions

Kaso Contracting and Real Estate Investment Company

Investment licence of the National Investment Commission, for the project: Green City.

شركة كاسو للمقاولات والاستثمار العقاري

All investment licences

Legal status

Not charged as of the date of writing

Not charged as of the date of writing. No court case, Integrity Commission or audit bureau finding, licence withdrawal, sanctions designation or credible press accusation naming the company was found. The owners are not identified. The search was limited and should be repeated, given the size of the licence (status as of 5 October 2026). The search of public sources is not complete.

The search of public sources on this licensee is not yet complete.

The licence as listed

The list of licensed projects of the National Investment Commission.
Licensing body
National Investment Commission
Licence number
356/2020
Date of grant
12 March 2020
Sector
Housing
Project
Green City
المدينة الخضراء
Licensee
شركة كاسو للمقاولات والاستثمار العقاري (Iraqi)
Province
Baghdad
Location
بغداد
Stated cost
$244.7 million
State of the project
Not reported

Who is behind the licensee

company

The owners and managers were not identified in the sources that were read.

What official and press reports say

Official findings
None found in the sources read.
What became of the project
Not established. The NIC list shows no completion figure and no obstacle for licence 356/2020. No public report on a Baghdad project called Green City by this company was found.
Other contracts with the state
Kaso Group's own site lists nine projects: Kaso Towers (17 towers, 2,300 apartments, in the Green Zone, Baghdad), Baghdad Marina (Dora, Hilla Highway), Diamond Towers, Ameer Towers, Najaf Gardens Complex, the second and first Al-Amirat complexes, Al Salam (Basra) and KOMAR University of Science and Technology. The NIC list also shows licence 43/2014 (17 September 2014, gasoline hydrotreating unit, Muthanna, IQD 400,000,000, completion 3.5 per cent) held by a consortium of Khayrat al-Abar Iraqi Oil Services and «شركة كاسو للخدمات النفطية» (index 118). Kaso Group's site lists an Oil Services division. The identity of the two Kaso names with the licensee was not confirmed.

Sources

  1. About Us, Kaso Group, 5 October 2026 Tier C
    KASO Company for General Contracting
  2. Kaso Towers, Kaso Group, 5 October 2026 Tier C
    This project is located in the heart of the Green Zone in Baghdad
  3. Kaso Towers project page, Fectum Company, 5 October 2026 Tier C
    Owner : KASO Group for real estate company LTD