Tag Archives | reconstruction

Gulf Companies looking to Participate in Iraq Reconstruction

An official in the Arabian Gulf has stated that construction companies and others in the Gulf Cooperation Council (GCC) look forward to participating in reconstruction projects in Iraq, stressing that it has the potential to qualify for this role. Abdul Rahim Naqi, secretary-general of the Council of Chambers of the Gulf Cooperation Council (GCC) stated […]

World Bank gives $200m for Stability in Liberated Areas

The Ministry of Labour and Social Affairs announced that the World Bank has allocated $200 million to implement an emergency project to support stability in the liberated areas. An official spokesman for the Ministry of Labour and Social Affairs stated: “The World Bank has allocated $200 million for the implementation of the emergency project to […]

Iraq’s Reconstruction Costs put at $150bn

Reconstruction in Iraq could cost nearly $150 billion covering areas damaged by the war over the past three years, an Iraqi newspaper reported on September 7. The World Bank has made a preliminary assessment of rebuilding costs at the request of Iraq’s Reconstruction Fund for Areas Affected by Terrorist Operations, according to the Arabic language […]

Fallujah needs $2bn for Reconstruction

Fallujah city in Anbar province needs $2 billion for reconstruction, the city’s mayor said on August 10. Eissa al-Sayer told Aljournal News website that securing the amount at present would be difficult given the government’s focus on military operations against IS, adding that world donors should focus donations on service projects rather than the infrastructure. […]

Reconstruction a Priority in Coming 5-Yr Plan

The Iraqi-Czech Economic Forum was held in Baghdad on Sunday, 30.07.17 according to the invitation forwarded by the Iraqi deputy speaker of Parliament, Dr. Humam Hamoodi and with the attendance of public and private sectors representatives of the two sides. The conference started with a welcome speech by Dr. Sami AL- Araji, Chairman of the […]

Economic Consequences post Mosul

By Ahmed Tabaqchali (pictured), CIO of Asia Frontier Capital (AFC) Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. While Iraq’s war against terror is far from over, the conclusion of the Mosul offensive should mark the high point in the cost of […]

China offers Iraq $11.7m for Reconstruction

By John Lee. The Chinese President Xi Jinping has announced that China will provide 80 million yuan ($11.7 million) in new financial aid to the Iraqi government for post-war reconstruction. In a letter to Iraqi President Fuad Masum, delivered by the Chinese Ambassador to Iraq Mr. Chen Weisheng, the Chinese President China added that China […]

Locals in Anbar take Reconstruction into own Hands

This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Locals In Anbar Take Reconstruction And Security Into Their Own Hands Sick of waiting for promised aid, locals in Anbar are doing their best to reconstruct their own lives – […]