Archive | Construction & Engineering In Iraq

Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.

Iraq's Economic Outlook has Improved, but Risks Abound

From the World Bank: Iraq: Rising Fiscal Risks, Water Scarcity, and Climate Change Threaten Gradual Recovery from Pandemic Iraq's economic outlook has improved on the back of the recovery of global oil markets, with its GDP projected to grow from 2.6% in 2021 to over 6% in 2022-23. Nevertheless, without accelerated economic reform, unforeseen domestic […]

Hill International wins contract for Downtown Sulaymaniyah

By John Lee. Hill International has reportedly been awarded a contract relating to the Downtown Sulaymaniyah project in Iraqi Kurdistan. According to Construction Week, the company will "support the selection of an international design consultant and manage, review and verify, as well as cost manage [the] development." Downtown Sulaymaniyah is the flagship investment project of […]

UN Awards More Contracts in Iraq

By John Lee. Two more companies have won contracts with the United Nations in Iraq: SAGMAN Company for Construction and Contracting Ltd: Construction of low-cost housing units in Dkory, Sinjar, Ninewa Governorate; Contract value $311,168; Sar Albraa for General Contract and Trade Ltd.: Renovation and Extension of the Existing Internal Road at UNAMI Field Support […]

CITIC Construction Wins $3.7bn Iraq Power Deal

By John Lee. China's CITIC Construction has won the bid for the first and second phases of AI Khairat heavy oil power plant in Iraq. Yang Jianqiang, Deputy President of CITIC Construction, held talks with Mazin Wajih, Chairman of Harlow International, in Dubai representative office, and received the letter of acceptance issued by Mazin Wajih. […]