Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
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By John Lee. The Minister of Oil has announced the commencement of crude oil supplies to Karbala refinery for the start of its trial operation. Ihsan Abdul-Jabbar Ismail said that the refinery has a capacity of 140,000 barrels per day (bpd) and will help partially in meeting local needs and reducing imports of refined fuel. […]
By John Lee. Representatives of the French company Alstom have met with the Secretary-General of the Council of Ministers, Dr. Hamid Naim Al-Ghazi, to discuss the progress of the Baghdad Elevated Train (BET) monorail project. Dr. Al-Ghazi said the cabinet is studying the issue of financing the project, in coordination with the Ministries of Finance […]
By John Lee. Gaith Al-Meshreq Co. Ltd. has won a new contract with the United Nations Human Settlements Programme, for the rehabilitation of Al Ahrar Primary School and extension of Ansam Al-Rabiea Primary School, in Al- Ahrar [Arar] Neighborhood, Basra. The contract is valued at $118,892. (Source: UNGM)
By John Lee. Italian engineering consultancy Progetti Europa & Global S.p.A. (PEG) has met with the Secretary-General of Iraq's Council of Ministers, Dr. Hamid Naim Al-Ghazi, to discuss the rail project connecting southern and northern Iraq. At the meeting, the company gave a detailed presentation on the stages of feasibility studies, the proposed routes, the supporting […]
The newly built Reverse Osmosis Water Treatment System in al-Qayrawan, Sinjar, has officially been opened with support from the United Nations Development Programme (UNDP), the United States Agency for International Development (USAID) and the Ninewa Governorate. The newly built water treatment system will provide uninterrupted access to clean drinking water to over 9,500 people living […]
KRG Prime Minister Masrour Barzani has inaugurated the new Spilk-Khalifan highway in the Soran Autonomous Administration. The 8.5-km highway has been implemented at a cost of 64.2 billion Iraqi Dinars [$44 million]. At the inauguration ceremony, the Prime Minister described the highway as one of the many strategic projects aimed at enhancing the economic infrastructure […]
KRG allocates 35 billion Dinars to mitigate the impact of flooding in Erbil province Under the direct supervision of Prime Minister Masrour Barzani, the Erbil Flood Conference was launched on Saturday. The Conference will last for two days and is also being attended by various officials of the Kurdistan Regional Government (KRG), as well as […]
Transportation Sector in Iraq: Roads and Railways Transportation and mobility are pathways to urbanization, as addressing mobility challenges are key to accessing healthcare, education, and services, as well as promoting trade and commerce. The road network and the railway system in Iraq have been in existence since the rule of the Ottoman Empire during the […]
TotalEnergies has completed the divestment of its 18-percent interest in the onshore Sarsang oil field in the Kurdistan region of Iraq, to ShaMaran Petroleum Corp., a company listed in Canada and Sweden and focused on oil exploration and development in Kurdistan, for a firm consideration of $ 155 million. An additional contingent consideration of USD […]
By John Lee. The Secretary-General of the Council of Ministers, Dr. Hamid Naim Al-Ghazi, met on Wednesday the French Ambassador to Iraq, Mr. Eric Chevalier. Dr. Al-Ghazi stressed the Iraqi government's interest in the Baghdad Elevated Train (BET) project, which he said is of vital and strategic importance. Mr. Chevalier also expressed the French government's […]
By John Lee. Iraq's Ministry of Construction has resumed work at the Shamiya water project in Diwaniyah Governorate, seven years after work was halted. The Director General of the General Directorate of Water, Eng. Najm Al-Hayali, said that the design capacity of the project is 4,000 m3/h, and it is built on an area of […]
