Search Results | 'basra'

2 New Projects in Basra

The Basra Investment Commission announced on Monday that two projects in the province are up for bidding.

“The first project is for a fishermen’s harbor in the al-Faw suburb,” a source from the commission told Aswat al-Iraq news agency.

“The second project is for a factory to produce chemicals in the Abu al-Khaseeb suburb,” the source added.

( Aswat Al Iraq )

Posted in Telecoms/CommsComments Off

Basra – Oil and Gas Revenues Exceeds $223m in 4 Months

Basra – Oil and Gas Revenues Exceeds $223m in 4 Months

Basra oil and gas revenues over the first quarter of 2010 exceeded $223 million.

“The revenues during the first four months of 2010 were around $223.3 million,” Ahmed al-Silaiti, deputy head of the Basra Provincial Council, told Aswat al-Iraq news agency on Saturday.

He noted that the achieved funds will be spent on projects in the province as approved by the Iraqi Planning Ministry.

Posted in Oil & GasComments Off

Basra Governor Discusses Reconstruction with Jordanians

Basra Governor, Shaltagh Abboud al-Mayah, discussed on Monday with Jordanian minister of finance businessmen’s contribution in the reconstruction operations in the province, according to an official statement.

“The minister expressed his ministry’s readiness to provide all facilities and to receive Iraqi employees to train them in banking, accounting and tax,” said the statement received by Aswat al-Iraq news agency.

The meeting comes within the local government’s plan to expand Basra’s relations with other countries and Arab and international companies to encourage them to invest in the province.

( Aswat Al Iraq )

Posted in Banking & FinanceComments Off

Russian Company Mulls Implementing Oil Projects in Basra

A Russian company met with Basra’s Governor, Shaltagh Abboud al-Mayah, on Thursday to discuss new investment projects in the oil sector, according to a report from Aswat Al Iraq.

“Talks addressed the rehabilitation and reconstruction of the oilfields,” the source said.

“The company presented a study on the Basra oilfields and ways to solve their problems, expressing readiness to cooperate with the Iraqi side,” he added.

(Source: Aswat Al Iraq )

Posted in Oil & GasComments Off

Chinese Company Considering Projects in Basra

A Chinese company discussed on Wednesday with the Basra Investment Commission (BIC) implementing projects in electricity, agriculture and transport sectors, head of the BIC said.

“The projects include the establishment of a power plant with a production capacity of 600 MW to use it in the oil projects, which are being implemented by foreign companies in Basra,” Haidar Ali Fadel told Aswat al-Iraq news agency.

“The company expressed readiness to implement agriculture projects in south of Basra, as well as other projects in transport sector,” he added.

( Aswat Al Iraq )

Posted in Public WorksComments Off

Approval on Service, Hygienic Projects in Basrah

Basrah province council, in its session held at the beginning of the current week, approved 49 water and hygienic projects  which exceeded 130 Billion dinars funded from oil income and province borders taxes.

In a statement to the committee, chairman of development and construction in local government Mustafa Ateeh, said to Eye media agency “The approved projects included 27 projects in the water sector which exceeded (88, 6) billion dinars and 22 hygienic sector projects costing (42, 6) billion dinars.

Ateeh added “These projects are funded projects from oil income and borders taxes.”

He did not give details concerning the projects nature and distribution in province’s areas.

( Eye media company )

Posted in Public Works1 Comment

Turkish Consul Says to Increase Investments in Basra

Turkish Consul Says to Increase Investments in Basra

The volume of Turkish investments in Basra is so big and we will increase the number of Turkish companies working in the city to 1000 next year, Turkish consul said on Monday.

“Our main goal is to increase the number of Turkish companies working in Basra,” Ali Reda said during the inauguration of a fair of Turkish industries in Basra, attended by Aswat al-Iraq news agency.

“There are obstacles facing Turkish investments in Basra, mainly the procedure to get the required licences,” he added.

( Aswat Al Iraq )

Posted in Industry & TradeComments Off

Turkish Consul to Increase Investments in Basra

The volume of Turkish investments in Basra is so big and we will increase the number of Turkish companies working in the city to 1000 next year, the Turkish consul said on Monday.

“Our main goal is to increase the number of Turkish companies working in Basra,” Ali Reda said during the inauguration of a fair of Turkish industries in Basra, attended by Aswat al-Iraq news agency.

“There are obstacles facing Turkish investments in Basra, mainly the routine to get the required licenses,” he added.

( Aswat Al Iraq )

Posted in Banking & FinanceComments Off

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