Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
By John Lee. Iraq's Ministry of Transport has signed a contract with Korea's Daewoo to complete five infrastructure projects at the Grand Faw port. The contract includes the construction of a 14-kilometer navigation channel extending to the sea, the basin for the ships that will dock at the port, and an underwater tunnel, which is […]
The Government of Belgium has invested an additional EUR 2 million in the Funding Facility for Stabilization (FFS). The contribution will support stabilization efforts implemented by the United Nations Development Programme (UNDP) across Iraq's five governorates in Anbar, Diyala, Kirkuk, Ninewa and Salah Al-Din. Since 2016, Belgium has contributed EUR 12.12 million to the Facility, which was recently […]
By John Lee. The Iraqi Cabinet has authorised the Iraqi Civil Aviation Authority (ICAA) to negotiate and sign a memorandum of understanding (MoU) for the rehabilitation of Mosul International Airport with a representative of the French company Aeroports de Paris Ingenierie (ADPI). (Source: Govt of Iraq) (Picture credit: Kayhan Ertugrul)
By John Lee. Mashareea Al-Taqa Company for Contracting and General Trading Ltd has won a contract with the United Nations Secretariat for the rehabilitation of a secondary school in Dokory/Rawabi, Sinjar. The contract is valued at $49,682. (Source: UNGM)
Up to 960,000 people in Basra to have access to safe drinking water thanks to the Netherlands' support to UNICEF and UNDP The Netherlands has committed USD $6,41 million to support UNICEF and The United Nations Development Programme (UNDP) to ensure that almost a million residents of Basra governorate have access to safe water. This […]
By John Lee. The Iraqi cabinet has authorised the Director General of the General Company of Iraqi Ports to sign a contract with the South Korean company Daewoo to construct the first phase of the Al-Faw Great Port project in Basra. The project will be supervised by the Italian consulting company Technital. Reuters reports that […]
By John Lee. The Chairwoman of the National Investment Commission (NIC), Suha Dawood Najar, has said that the coming year will see investment opportunities in each Iraqi province, similar to the Bismaya City housing project in Baghdad. She made the announcement at a recent meeting with the heads of the provincial investment commissions of Kerbala, […]
By Amr Mostafa for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Egypt wins strong foothold in Iraq's reconstruction Millions of Egyptian workers may benefit from their government's involvement in Iraq's massive reconstruction process. Click here to read the full story.
From Al Jazeera. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. A curfew has been imposed in Iraq's northern Sulaymaniyah province after at least five people were killed in anti-government protests. Al Jazeera's Simona Foltyn reports:
UN signs financing agreement with the Netherlands to support UN electoral assistance to Iraq The United Nations in Iraq welcomes the contribution of EUR 3 million from the Netherlands to a UN-led project to support and assist capacity-building within the Independent High Electoral Commission (IHEC). The Dutch funding will also support deployment of UN electoral […]
By John Lee. The Governor of Najaf governorate has announced a new road project linking the governorate with Saudi Arabia. Luay Al-Yassiry (pictured) is quoted as saying that the project will include the paving a 239-kilometer road, and the building of border outlets and areas for trade. The first phase of the project includes paving […]
By John Lee. The China Machinery Engineering Corporation (CMEC) has announced that it been awarded the contract to build the Harir cement plant in Erbil. According to a stock exchange filing, the contract is valued at approximately $210 million, and the project is expected to be completed within 30 months. (Source: CMEC)
