The Committee of Emigration and Emigrants in Diyala Province said today that 50 dunams (1 dunam = 1000 m2) will be provided from all the Province’s regions to build housing compounds for refugee families from the conflict in the region. There are more than 3000 refugee families officially registered. ( Al SumariaTV )
Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
Al Fallujah city celebrated the inauguration of the biggest bridge in the Province. The length of the bridge is 470 metres and its overall cost is 12 billion Iraqi dinars. The engineer who supervised the construction works said that the bridge connects east and west Al Falloujah and aims at limiting traffic congestion in the […]
According to Aswat Al Iraq, Karbala’s local authorities reached an agreement with a delegation of Chinese firms to execute a number of residential projects in the province at a total cost of ID80 billion ($67 million). “The Chinese delegation will be granted investment permission within the coming days,” a local source told Aswat al-Iraq news […]
France’s cement maker, Lafarge, has invested $600 million to upgrade production in two Iraqi cement companies.
The Basra council decided on Wednesday to increase funds allocated to the al-Tanouma bridge project from 125 million to 500 million Iraqi dinars ($424,000), according to the chairman of the Basra council according to the Aswat al-Iraq news agency. “The extra money will be used to overcome difficulties facing the project,” he explained. “The approved […]
A Canadian firm is investing $299 million in 5,000 housing units in Baghdad.
An Iraqi investor has received a license to build a residential compound in southern Diwaniya, according to chairman of the Diwaniya Investment Commission. “The commission provided a license to Abdulkarim Hatef al-Zubaidi, an Iraqi investor, to establish a residential compound in southern Diwaniya at a cost of $21.240 million within 36 months,” Hakem al-Khuzaie told […]
A Canadian firm is investing $299 million in 5,000 housing units in Baghdad. “The units will comprise a complete town including all the related services,” the Baghdad Investment Commission said in a release on Monday received by Aswat al-Iraq news agency. It said that at least 20 thousand people will live there. ( Aswat Al […]
Malaysia’s Petroliam Nasional Bhd, or Petronas, has started recruiting hundreds of Iraqis for four oil projects the company won during Iraq’s second licensing auction in December.
AVEVA Group in Cambridge, one of the world’s leading providers of engineering data and design IT systems to the plant, power and marine industries, has won work in Iraq
The Basra steel mill will have a capacity of 1.2 million-t/y of iron bars; 600,000-t/y of section steel; 1.2 million-t/y of hot-rolled products and a 500MW power station.
The National Investment Commission has approved two investment projects with a total cost of $485 million, according to an official statement from the NIC on Tuesday. “The first is a housing project to set up a residential compound in al-Ameriya region in western Baghdad, while the second is to set up seven drinking water treatment […]