Tag Archives | railways

Video: Push in Iraq to get Trains back on Track

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraq is trying to get its antiquated rail system back on track. Established in the early 1950s, it was one of the most prominent train hubs in the Middle East. But war and […]

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Oil, Rail Expansion Dominate China Talks

By Simon Kent. Iraqi PM Haider al Abadi recently met with Chinese President Xi Jinping to discuss high level strategic projects for both countries to cooperate on. The major discussions focused on a plan for Iraq’s State Oil Marketing Company (SOMO) and Chinese state run refiner Sinopec to coordinate the shipment, refining and marketing of […]

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IS Destroys Kirkuk Railway

By John Lee. Militants from the Islamic State (IS, ISIS, ISIL) have bombed the Kirkuk railway on Saturday evening, in an attempt to prevent Peshmerga forces from attacking the area. A Peshmerga source in the area told BasNews that the jihadists laid waste to a section of the railway near Maktab Khalid, and blew up […]

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More Chinese Trains Delivered

By John Lee. Iraq has received a second shipment of two new trains from China. Of the ten units ordered, this brings the total delivered to four, with the balance to be delivered by the end of the year. The total value of the contract is $138 million (161 billion Iraqi dinars). Chairman of the […]

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Iraq Discusses Transport with Egypt, Jordan

By John Lee. Transport officials from Iraq, Egypt and Jordan recently held talks with a view to improving cooperation. Jordan’s Petra news agency reports that the talks were held on the sidelines of the meetings of the General Assembly of the Arab Bridge Maritime Company, held recently in Cairo. Among the items discussed were a […]

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Iraq to Receive Two Chinese Trains

By John Lee. Iraqi Railways is to receive two Chinese-build trains within the next two months. The trains are part of a ten-train, $115-million contract with China to develop railways sector. The handover of the remaining trains depends on the completion of the Baghdad-Basra-Umm Qasr railway line, which has been delayed due to lack of funds. […]

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Rail Revenues Up 25%

The revenues of the Iraqi Republic Railways Company were 24.5 percent higher in October than in September, according to AKnews. The Transport Ministry announced that the IRR’s revenues reached 1.6 billion IQD ($1.3 million USD) in October, compared to 1.3 billion IQD ($1.1 million USD) the previous month. Only 9.6 percent (153 million IQD/$128,300 USD) […]

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Iranian Company to Develop Iraqi Railways

Iraq’s Transport Ministry has agreed in principle to award the business to develop and maintain its damaged railway system to with ‘Vadi Albar‘ company, reports AKnews. The agreement comes after extensive talks between the state-owned Railways Company and Vadi Albar in Iran about the revival of Iraq’s railway system and the maintenance of 219 trains […]

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Iraq-Syria Rail Link to Begin Operations in 2012

A railway connecting Syria and Iraq will begin operations next year, according to a report from Kuwait’s KUNA news agency. In addition, a direct line connecting Syria’s eastern Deir Al-Zor-Al-Bukamal station to Iraq has been completed, the director general of the Syrian rail company has said. “The rail link is a direct line that will […]

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