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.
Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries 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 […]
Governor of Karbala said the short visit of Prime Minister Nuri al-Maliki to the city on Sunday, resulted in three important projects the cost of two of them amounting to 25.315 billion dinars (more than 22 million U.S. dollars). The architect Amal al din alhir , that Al-Maliki “laying the foundation for two important projects […]
The Al-Ataba al-Hussayniya (Hussein Mosque) Board has signed a contract with a firm from the United Arab Emirates (UAE) to build a five-star two-tower tourist hotel with a capacity of 3,000 guests, the board’s relations director said on Sunday. “The mosque’s board secretary, Sheikh Abdulmahdi al-Karbalaie, signed the contract with the chairman of the UAE […]
Governor of Basra, Cltag Abboud Mayah, during a meeting with British Program Director in the Department for International Development Sue Vardel, on Thursday, discusses participation in rehabilitation of infrastructure in Basra, according to a statement issued by the conservative media. According to the statement, the meeting is “to discuss the participation of the British Department […]
The Iraqi cabinet has assigned the Ministry of Youth and Sports to sign contracts to construct 10 sports halls during the current year, an official spokesperson for the government said. “The government’s approval reflects its keenness to support sports in the country…,” Ali al-Dabbagh said in a statement received by Aswat al-Iraq news agency. The […]