Turkish Red Crescent Society is set to launch an urban renewal project in Mogadishu, the Somali capital, and an agreement has been penned with Somali government to that end, the society's head said Saturday. Ahmet Lutfi Akar said Istanbul Metropolitan Municipality would offer technical support in the renewal project as a solution partner of the Turkish Red Crescent. "A fleet of heavy construction equipment would arrive in Mogadishu in June. We have a budget of 100 million USD, all of which is dedicated to this project. We will rebuild Mogadishu," Akar said.