Archive | Construction & Engineering In Iraq

Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.

Restoration of 15,000 Homes underway in Mosul

The United Nations Development Programme (UNDP) is rehabilitating 15,000 houses in West Mosul, bringing the total number of houses in its stabilization portfolio to more than 30,000 – the largest of its kind in Iraq. The project in West Mosul covers 29 neighbourhoods that were hardest hit during the fight to liberate the city from […]

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New National Data Platform for Reconstruction and Development

Iraq’s Ministry of Planning and the Council of Ministers Secretariat, together with UN-Habitat, publicly launched the National Platform for Reconstruction and Development. For more than one year, UN-Habitat has been working very closely with the Ministry of Planning to develop and finalize the Platform, with generous funding support from the Iraq UNDAF Trust Fund, which […]

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Video: Where is the Money for Iraq Reconstruction going?

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. In Iraq, reconstruction remains a daunting obstacle to displaced people returning home. The government has allocated money and established commissions for people to file for assistance. But there is little sign of that […]

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Kuwait-Iraq Free Zone Plan

By John Lee. Kuwait is reportedly planning to build towns close to the Iraqi border, and talking with Iraqi authorities to develop a “free zone” between the two countries. According to Kuna, First Deputy Prime Minister and Minister of Defence Sheikh Nasser Sabah Al Ahmad Al Sabah (pictured) said the plan was currently “the preoccupation […]

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Investment Opportunity: Al-Nasiriyah International Airport

The National Investment Commission (NIC) and the Iraqi Civil Aviation Authority (ICAA) have announced the investment opportunity to build Nasriya International Airport. The airport is located to the south–west of Imam Ali (PBUH) air force base in Thi Qar province. The area of the passengers terminal is 3000m². Interested foreign and local companies can apply […]

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EU announces additional EUR 50m for Iraq

The EU has announced an additional €30 million in humanitarian assistance. Another €20 million in development funding will contribute to the reconstruction of the country’s cultural heritage, as well as the creation of jobs and opportunities for vulnerable youth. The announcement was made by Commissioner for Humanitarian Aid and Crisis Management Christos Stylianides (pictured), on […]

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Sweden increases support for De-Mining in Iraq

The United Nations Mine Action Service (UNMAS) welcomes the contribution of SEK 75 million (approximately USD 8.3 million) from the Government of Sweden on mitigating the threat from explosive hazards in support of enhanced provision, facilitation and enablement of humanitarian and stabilization support. Approximately 1.8 million people are estimated to be internally displaced persons (IDPs) […]

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PM welcomes Increased Cooperation with UK

By John Lee. Prime Minister Adil Abd Al-Mahdi received Baroness Emma Nicholson, the Chairman of the Iraq Britain Business Council (IBBC), at his office on Sunday to discuss cooperation between Iraqi and British businesses, and proposed investment projects in Iraq. The Prime Minister said that stability in Iraq provides an opportunity to increase reconstruction efforts, […]

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Saudi delegation visits Baghdad to discuss new Football Stadium

By John Lee. A delegation from the Saudi Arabian government reportedly arrived in Baghdad on Saturday to discuss the construction of a 100,000-seater football stadium. Saudi Arabia’s King Salman promised last March to build a football stadium in Iraq. According to some reports, it was later announced that Saudi Arabia would increase the number of […]

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Petrofac Exec admits Bribes Paid to Win Iraq Contracts

In connection with the UK Serious Fraud Office (SFO)’s ongoing investigation into Petrofac Limited and its subsidiaries (“Petrofac”), on 6 February 2019 David Lufkin, 51, a British national, and previously Global Head of Sales for Petrofac International Limited, pleaded guilty at Westminster Magistrates’ Court to eleven counts of bribery, contrary to sections 1(1) and 1(2) […]

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