Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
By John Lee. Plans for Al-Tayeb Economic City in Maysan province have moved forward following a meeting to assess water infrastructure requirements for the site. The meeting was chaired by the head of the National Investment Commission (NIC), Adel Dakhil Muhammad al-Yasiri and focused on the technical and economic feasibility of water harvesting projects at […]
By John Lee. A project to assess limestone reserves suitable for cement production is under way in the Wadi al-Mahari area, south of Najaf governorate. The work is being carried out by the Iraqi Geological Survey, a body within the Ministry of Industry and Minerals. According to the Ministry of Industry and Minerals, the project […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's Housing Boom is Leaving its Aspirational Class Behind In Erbil, the capital of Iraqi Kurdistan, a young professional said she considers herself fortunate by earning some two million IQD (1,500 USD) a […]
By John Lee. A concrete plant in the Al-Fahamah area near Baghdad's Jazirat Baghdad district has been closed following a field inspection that found it was not meeting environmental standards. Environment Minister Sarwa Abdul-Wahid carried out the inspection in response to complaints from local residents. (Source: Ministry of Environment)
By John Lee. Options for restarting the stalled Bismayah housing project were discussed at a meeting between the National Investment Commission (NIC) and the South Korean Ambassador to Iraq, Lee Joonie, on Sunday. According to the NIC, the meeting reviewed the current status of the project and examined options for settling outstanding financial dues, including […]
By John Lee. Progress on combined-cycle power generation projects in four central Iraqi provinces has been reviewed in a meeting between the Minister of Electricity and representatives of Chinese contractor Shanghai Electric. The projects cover stations in Najaf, Karbala, Diwaniyah, and Babil. According to the Ministry of Electricity, Minister Ali Saad Wahib directed the company […]
By John Lee. A $10 million initiative to support the sustainable resettlement of internally displaced persons, returnees and displacement-affected communities has been launched across Anbar, Kirkuk, Ninewa and Salah al-Din. The programme is funded by the Government of the Republic of Korea through the Korea International Cooperation Agency (KOICA) and implemented by United Nations Development […]
By Noam Raydan, for Seatrade Maritime. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Despite Pipeline Talks, Hormuz will Remain Key to Iraq's Oil Exports Amid the protracted crisis in the Strait of Hormuz, Iraq has been racing to find new outlets and […]
By John Lee. Iraqi Prime Minister Ali al-Zaidi has announced plans to distribute one million residential land plots to citizens, with the last plot to be allocated within three years. He made the comments on Friday during a session at the eighth Baghdad Dialogue Conference, organised by the Iraqi Institute for Dialogue. According to the […]
By John Lee. Loans for contractors on residential units at the Bismayah housing project are to be released through Rafidain Bank, following an emergency meeting between the National Investment Commission (NIC) and the Ministry of Finance. NIC Chairman Adel Dakhil Muhammad al-Yasiri met with Finance Ministry Undersecretary Dr. Ali Karim Hussein on Thursday to resolve […]
By John Lee. Iraq's cabinet has approved the allocation of IQD 15 billion ($11.5 million) for infrastructure development at three border crossings. According to the Prime Minister's Office, the funds will be directed towards upgrading the crossings at Rabia (pictured), Al-Waleed, and Safwan. (Source: Prime Minister's Office)
By John Lee. Al-Fares General Company, a subsidiary of the Ministry of Industry and Minerals, has supplied the Maysan Water Directorate with an integrated water filtration and purification complex with a production capacity of 50 cubic metres per hour. The complex was manufactured at the company's specialist production facilities. According to the Ministry of Industry […]
