Public Works

Iraq Business News brings you the latest Iraqi news today on developments & opportunities in public works.

$3bn Power Plant for Bismaya

$3bn Power Plant for Bismaya

By John Lee.

Reuters reports that Mass Global will partly finance a $3-billion power plant in Bismaya.

The gas-fired, 3,000-megawatt plant is being built by Turkey’s Enka Insaat, whose chairman Sinan Tara said it would be financed partly from Mass Global’s equity and partly from Iraqi lenders.

The project will be built in two phases of 1,500 MW each.

The companies have already worked together on power plants in Erbil and Sulaymaniyah.

(Source: Reuters)

(Picture: new housing project at Bismaya).

Posted in Construction & Engineering, Public Works3 Comments

Iraq Faces Budget Cuts

Iraq Faces Budget Cuts

By Omar al-Jaffal for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News.

Sana al-Khafaji, an employee in Iraq’s Ministry of Construction and Housing, was surprised by the $100 deduction from her monthly salary paid by the Iraqi government, following news about an expected government austerity plan to be adopted by Haider al-Abadi’s government to reduce the waste of public funds and compensate for the substantial expenditures of the previous government.

The state of austerity that Iraq is about to face is also caused by a drop in crude oil prices and the multifront war against the Islamic State (IS) in several provinces north and west of Baghdad.

In an interview with Al-Monitor, Khafaji predicted an [even] higher salary deduction. “This is what we hear every day,” she said, but the deduction from her salary was made on the amount received as a bonus and not from her fixed basic income.

Rumors are being spread across Iraq that the continuation of the war on IS will surely lead to a salary deduction of government officials who make up around 4 million public employees. This will also result in a hiring freeze of new employees.

However, the economic adviser to Prime Minister Haider al-Abadi, Mazhar Mohammed Saleh, denied any knowledge of salary cuts of civil servants in the ministries.

Saleh told Al-Monitor, “The implementation of an austerity plan will not be easy to interpret and we cannot foretell the situation in a short period.”

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Posted in Banking & Finance, Construction & Engineering, Public Works7 Comments

Freedom Square offers Refuge for Basra Residents

Freedom Square offers Refuge for Basra Residents

By Omar al-Jaffal for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News.

No one in the southern Iraqi province Basra believed that families would flock to Hurriyah (Freedom) Square to see and sit by the new monument after it was greatly ridiculed in newspapers and on social networking sites for its appearance — some described it as a large eggplant surrounded by horses.

People from out of town changed their opinions about the monument once they arrived in Basra and heard the residents’ stories about it.

The plan to build a “Freedom Monument” in Basra was announced together with plans for other statues in Iraq, which were also criticized.

Basra is the second-largest city in Iraq and the only Iraqi city with harbors overlooking the Arabian Gulf. The West Qurna oil field, which produces 360,000 barrels of oil per day, is located in the city. But Basra suffers from unemployment and lack of social services.

Life in Basra has become harder on the residents since militias have emerged in the city. Hurriyah Square, which has so far not been the scene of any fighting, has become a safe haven for young people who object to Sharia rule imposed by Islamic parties that are in control of various parts of the city.

On Sept. 11, the day of the square’s inauguration, Basra Gov. Majid al-Nasrawi, said, “[This is] one of the successful projects in Basra … and [the square is] a breather for its residents.”

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Posted in Construction & Engineering, Public Works, Security2 Comments

Iranian-Built Power Plant Opens

Iranian-Built Power Plant Opens

By John Lee.

Iraq has inaugurated a 162-MW power station designed and built by Iran’s MAPNA Group in the Heidarieh district, some 25 km north of Najaf.

Iran’s PressTV reports that the opening ceremony on Thursday was attended by the Iranian and Iraqi energy ministers.

According to the report, Iran’s Energy Minister, Hamid Chitchian, said his country is prepared to promote “all-out relations” with Iraq, especially in the electricity sector.

Iran’s annual electricity exports to Iraq are valued at one billion dollars, with Baghdad importing 1,300 MW of electricity from Iran.

(Source: PressTV)

Posted in Construction & Engineering, Public Works0 Comments

French to Help Develop Electricity Sector

French to Help Develop Electricity Sector

By John Lee.

Iraq’s Minister of Electricity, Qasim Mohammad Abid Hammadi al-Fahadawi [Qassim al-Fahdawi] held a meeting with the French Ambassador to Iraq, Marc Barety, on Sunday.

The Ambassador congratulated the Minister on his new role, and assured the Minister of the full support of the French government and private sector companies in the development of Iraq’s electricity infrastructure.

(Source: Ministry of Electricity)

Posted in Construction & Engineering, Public Works0 Comments

Iran Water, Electricity Projects Worth over $1.3bn

Iran Water, Electricity Projects Worth over $1.3bn

By John Lee.

Iranian companies are reported to be implementing water and electricity projects in Iraq worth over $1.3 billion (1.5 trillion Iraqi dinars).

According to an article from Trend, an Iranian Energy Ministry official said Iranian companies were currently working on 31 projects in Iraq in these sectors, and added that he expects more Iranian companies to invest in water and electricity projects in Iraq in the future.

The Iranian ambassador to Iraq, Hassan Danayeefar [Hassan Danae Fer] (pictured), is reported to have said in April that Iran exports 80 percent of its technical and engineering services to Iraq, and that the Iraqi market could absorb $500 billion worth of investment in that sector.

(Source: Trend)

Posted in Construction & Engineering, Public WorksComments Off

$240m Iraq Desalination Contract

$240m Iraq Desalination Contract

By John Lee.

A consortium has been awarded a $240-million engineering, procurement, and construction (EPC) order from Iraq’s Ministry of Municipalities and Public Works to build pretreatment facilities at a desalination plant in Basra.

Japan’s Hitachi and Veolia Environnement of France have won $100 million of the total, with Egyptian engineering firm ArabCo getting the rest for civil engineering, construction, and on- site installation work.

Construction is scheduled to begin in immediately, with completion scheduled for April 2017.

The pretreatment facilities include surrounding river water intake facilities and water transport networks, for which he Japanese government has provided loan assistance.

According to WaterWorld, the contract is an addition to an earlier EPC and five-year operation and maintenance deal, won by the Franco-Japanese consortium, for the Basra plant.

The Basra reverse osmosis (RO) desalination plant will be the largest facility of its kind in Iraq, capable of supplying drinking water at 199,000 m3/d.

(Sources: Desalination & Water Reuse, WaterWorld)

Posted in Construction & Engineering, Public WorksComments Off

Iraq Seeks to Increase Electricity Imports

Iraq Seeks to Increase Electricity Imports

By John Lee.

Iraq’s new Minister of Electricity, Qasim Mohammad Abid Hammadi al-Fahadawi [Qassim al-Fahdawi] (pictured), is to travel to Iran on Tuesday to hold talks on electricity imports.

At a meeting with his Iranian counterpart, Hamid Chitchian, the Minister will also discuss the expansion of economic ties between Tehran and Baghdad.

In 2013, the two sides agreed to increase electricity exports from Iran to Iraq by 500 megawatts.

Tasnim News Agency reports that Iranian companies have so far completed 10 projects in Iraq in the area of water and electricity, and another 27 projects valued at $1.245 billion (1.45 trillion Iraqi dinars) are still in progress.

(Source: Tasnim News Agency)

Posted in Oil & Gas, Public WorksComments Off

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