Iraq Business News brings you the latest news on developments and opportunities in Iraq agriculture.
The Ministry of Agriculture and Water Resources of the Kurdistan Regional Government (KRG) gave loans to almost 1,500 individual projects in 2011, reports AKnews. Nuri Ismael, The Ministry's loans and marketing director, told the news agency that the agricultural banks in Sulaimaniya, Erbil, and Duhok provinces as well as Garmiyan area have given a total of […]
Iraq's National Investment Commission (NIC) has announced an investment opportunity to establish new Foodstuff Testing Laboratories at the border crossing points. The labs will control all foodstuffs entering Iraq, and should be constructed according to special specifications that ensure the safe storage of all kinds of foodstuffs. They will be constructed according to investment law […]
AKnews reports that an Italian company is planning to set up an olive processing factory in the region. The KRG's Agriculture Minister, Jamil Suleiman, told the agency that the Ministry allocated 600 acres of land for growing olives, following a request from the company to facilitate the project. In the second phase, the Ministry will […]
Bloomberg reports that Iraq bought 400,000 metric tons of wheat from Russia, Australia and Canada. The amounts were: 150,000 tons from Canada; 150,000 tons from Russia; and, 100,000 tons from Australia, Hassan Ismail Ibrahim, director general of the Grain Board, told Bloomberg by telephone. The deadline for the tender expired on 4th December. Iraq plans […]
Iraq bought 120,000 metric tons of rice from India and Pakistan, reports BusinessWeek. The total amount consisted of 90,000 tons of the grain from Pakistan and 30,000 tons from India, said Hassan Ismail Ibrahim, director general of Iraq's Grain Board. Iraq consumes 1.25 million tons of rice a year, mostly imported, according to Ibrahim. The […]
Bloomberg reports that Iraq plans to import 3 million metric tons of wheat in 2012, with tenders starting in January. Hassan Ibrahim, director general of the country’s grain board, said in an interview that the grain board wants $3 billion to spend on grain imports next year, up 10 percent on the 2011 figure. Iraq […]
The U.S. government through the United States Agency for International Development (USAID) participated this week in the 4th Iraq Agro-Food Expo in Erbil, showcasing the success of the USAID-Inma Agribusiness Program and highlighting beneficiaries. The success of this program is an example of US-Iraqi cooperation, under the auspices of the Strategic Framework Agreement, in support […]
The fourth agro-food trade fair will open in Erbil next week with 350 companies from 21 countries coming to put their products on show. Aziz Ibrahim, director of trade in the Kurdistan Regional Government (KRG)'s Ministry of Trade and Industry, told a news conference in Erbil on Thursday that there were new companies among the […]
Basra province and the Italian oil company ENI have agreed to hold courses for agricultural personnel in both governmental and private sectors, according to Aswat al-Iraq. A meeting was held with the Italian company to grant support to agricultural projects in the province, with the attendance of representatives from Florence University in Italy, which will […]
Business is flourishing for some of Iraq’s strawberry farmers thanks to higher-yield varieties and new growing techniques provided by the U.S. government through the United States Agency for International Development (USAID). The success of this program is an example of U.S.-Iraqi cooperation, under the auspices of the Strategic Framework Agreement, to support domestic agricultural production […]
German and American companies have proposed building a grain silo in Shatra County, north of Nassiriya, a Provincial Council member announced on Friday. Hamoud al-Shatri told Aswat al-Iraq that two companies proposed building the storage facility which will have a capacity of 30 thousand tons. The silo project is one of the main infrastructure projects […]
In the past few months, major steps have been taken by Khudairi Group to expand opportunities that will help successfully reconstruct critical Iraqi infrastructure. On July 22, 2011, the Khudairi Group entered a dealership agreement and sales contract with Sany International Development Limited. Sany is a global leader in the construction machinery industry, with vast […]
