Tag Archives | Project

Korean Company Wins $3bn Contract in Basra

South Korea’s STX Heavy Industries has signed a $3bn deal to build a steel plant and gas-fired power station in Basra. The power plant will have a capacity of 500MW, while the steel plant should output 3m tons annually. The Iraqi State Company for Iron and Steel will take charge of operating the plant after […]

Cabinet Approves Law to Maintain Irrigation Networks

The Iraqi Council of Ministers has approved an amendment to the law no. 12 of 1995 related to the maintenance of irrigation networks. “The decision comes to show the government’s determination to preserve irrigation networks,” Dr. Ali al-Dabbagh, the official spokesperson for the Iraqi government, said in a release on Monday. He said that the […]

Russia’s Lukoil to Invest 30 Bln Dollars in Iraqi Oil Field

Russian state energy monopoly Lukoil will invest 30 billion U.S. dollars with its foreign partners in the development of the West Qurna-2 oil field in Iraq, said the company’s CEO Monday. First phase of investment to the oil field, whose annual output is estimated at 95 million metric tons, will reach 4.5 billion dollars, said […]

First Power Pylon Arrives in Basra in February

The governor of Basra, Shaltagh Abboud, discussed with the director of a Turkish manufacturer of electricity pylons the necessary procedures for the arrival of power-generating pylons in the province, according to a local official source on Thursday. “The pylons, scheduled to start to arrive in February, would be linked to the national power grid in […]

Transportation Ministry and Italian Envoy Discuss Big Faw Project

The Iraqi minister of transportation has discussed with the Italian ambassador to the country the implementation of the Big Faw Project. According to a ministry statement received by Aswat al-Iraq news agency, “Minister Aamer Abduljabbar has discussed with the ambassador and representatives of Italian companies the designs and implementation of the Big Faw Project,” An […]

More than ID5bn to Establish New Road in Arbil

A new road is to be constructed in Arbil at a total cost of ID5.5 billion Iraqi dinars to help reduce traffic in the city, Arbil’s governor said on Saturday. “The amount has been allocated from the provincial development project budget,” Governor Nozad Hadi told Aswat al-Iraq news agency. The new 17-kilometer-long road will reduce […]

Baghdad Council Approves Media City Project

Baghdad province council has approved the project to establish Baghdad’s Media city, although estimated costs have increased by more than $128million. The Director of the approved construction company said that necessary agreements had been obtained by the Baghdad council and municipality, in addition to media and transmission commission and Iraqi media Network to implement the […]

Cabinet OKs Project Linking Samawa to Highway

The cabinet’s economic committee approved a project to build a road linking Samawa to the highway in 27 km across the al-Warkaa district, the governor of al-Muthanna province revealed on Saturday. “The project approval was the outcome of efforts and discussions by the local administration in al-Muthanna,” Ibrahim Soliman al-Mayali told Aswat al-Iraq news agency. […]