Technical and engineering staffs in Diwaneya roads and bridges department, performed 20 projects through the past 6 months including developing regions plan for the past year, in time the province gained ID 360 M from compensations amounts resulted from war damages. A source at the province said, that the technical and engineering staffs in Dewaniya […]
Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
Commission of solving real estate commission has exposed that its budget for the next year is around ID110 billion, while it had announced its terminating to 77,000 lawsuits out of 157,000 relating to real-estate. In an exclusive statement to as-Sabah newspaper, head of the commission Ahmed Shia al-Barak said: the commission has been capable since […]
The government has drawn up plans to build 30,000 housing units in the low-income neighborhood of Sadr City, a slum area where more than 2 million people live. The city was formerly known as al-Thawra or Revolution but was renamed for Sadr, a senior Shiite cleric whose mysterious death the country’s Shiite Muslims blame on […]
A local company in the province of Basra finalized on Thursday the first stage of the Sahat Saad Bridge at a cost of 12 billion Iraqi dinars, Basra’s governor said. “The opening of this service project will help ease traffic congestions in the large city whose population reached three million people,” the governor told Aswat […]
The Head of Investment Committee Sami Al Aaraji presented a housing project that includes 500000 housing units distributed on all the provinces with a cost of $25 million. If this project was achieved after 3 years it could help to solve the housing problem in Iraq.
Works started to prepare a mechanism to rebuild part of central Baghdad, the mayor of the capital said on Wednesday. “The project will be implemented according to international design and complies with modernity requirements,” the Baghdad Mayoralty said in a release on Wednesday received by Aswat al-Iraq news agency. It said that the Baghdad Mayoralty […]
There is a project to develop the Al-Zahraa St. in Kut city, with a total cost of more than ID4 billion, Wassit governor said on Wednesday. “The project will be finalized by an Iraqi firm within 300 days,” Lateef Hamad al-Tarfa told Aswat al-Iraq news agency on Wednesday. He said that the street will be […]
Work will soon begin on two investment projects that will provide more than 100,000 housing units in the Iraqi capital, Baghdad’s Mayor Sabir al-Issawi said on Tuesday. “The Baghdad Mayoralty has completed negotiations with the company assigned to invest in al-Rasheed Camp to build 65,000 housing units, and entertainment, commercial, sports and medical facilities…,” the […]
Local companies have begun work on a project to pave a strategic road that links many villages in Shaqlawa district at an approximate total cost of $6 million U.S. dollars, the governor of Arbil said on Sunday. “The project will be financed through the provincial development budget,” Governor Nozad Hadi told Aswat al-Iraq news agency. […]
The Iraqi Council of Ministers has approved an investment plan to build 500 thousand residential units throughout Iraq. “The Council also authorized the finance minister to sign any complementary contracts with respect to the deals to purchase airplanes from Bombardier Aerospace and The Boeing Company,” Dr. Ali al-Dabbagh, the official spokesperson of the Iraqi government, […]
The campaign to rebuild the Salhiya residential compound has begun, the Baghdad mayor’s office said on Monday. “The Baghdad Mayoralty also released the second dispatch of compensation funds to people affected by the terrorist bombing on August 19, 2009,” said the release that was received by Aswat al-Iraq news agency. The bombing targeted the Salhiya […]
Iraq’s health ministry has said it has signed an agreement with a Turkish firm to build a new hospital in the city of al-Nassiriya, Aswat al-Iraq news agency has reported. The 400-bed, $143.5m hospital will have three buildings that should comprise all medical specializations as well as 10 operation theatres, six maternity wards and training […]