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Baghdad (CNN) - As Iraq's capital emerges from almost a decade of conflict and civil strife it is becoming an economic battleground for Turkey and Iran.

Turkish firm Tefirom is contracted to build Baghdad Mall. Featuring a five-star hotel more than 100 meters tall, it is set to be the tallest building in Baghdad. It will also house shops, gyms, a giant parking garage and a state-of-the art medical center.

Ashken Alkgoum is one of the engineers. He told CNN’s Fred Pleitgen: "Our costs are low, our labor quality is very good, and our engineers especially are really good.”

The Iraqi clients paying for the Baghdad Mall, with a budget of nearly $100 million, agree. They say construction is on schedule.