Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
By John Lee. Iraq has reportedly announced plans to build affordable homes for workers in Karbala. According to Trade Arabia, large plots of land have been already allocated for the project, which will be funded by local investors and the General Federation of Iraqi Workers. More here. (Source: Trade Arabia)
Beautiful Missan Project: Working towards rehabilitation of recreational infrastructure and job creation Funded by the European Union (EU), the United Nations Development Programme (UNDP) launched the Beautiful Missan project that focuses on the rehabilitation of recreational infrastructure and job creation. The two-year project supports socio-economic growth through eco-tourism, restoration of cultural heritage and urban beautification. […]
As part of a joint effort to modernize education data systems and improve the quality of learning in Iraq, UNESCO and UNICEF today signed a roadmap with the Communications and Media Commission (CMC) for the provision of internet connectivity to over 3000 schools across 10 governorates. With the financial support of the European Union, UNESCO […]
By Michael Knights, for the Washington Institute for Near East Policy. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Back into the Shadows? The Future of Kata'ib Hezbollah and Iran's Other Proxies in Iraq Kata'ib Hezbollah was Iran's most favored militant group in Iraq […]
Alstom and the Iraqi Ministry of Transport sign a Letter of Intent for the implementation of the Baghdad Elevated Train An Alstom-led Consortium, together with its partner Hyundai Engineering & Construction, have signed a Letter of Intent with the Iraqi Ministry of Transport to define a framework for all the appropriate steps to accelerate the […]
By John Lee. The Iraqi Cabinet has authorised the Ministry of Transport to enter into negotiations with a consortium led by France's Alstom and Hyundai of South Korea, regarding the Baghdad suspension railway project. The result of the negotiates are to be submitted to Cabinet for approval. (Source: Govt of Iraq)
The Iraqi Cabinet held an extraordinary meeting in the city Nasiriyah in Dhi Qar province on Monday under the chairmanship of Prime Minister Mustafa Al-Kadhimi. At the start of the meeting, the Prime Minister said that the people of Dhi Qar had sacrificed much for Iraq, but they have suffered from the consequences of past marginalisation. […]
By Joe Snell for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. New Iraqi committee to build nuclear reactors, combat electricity woes Iraq's Prime Minister Mustafa al-Kadhimi ordered on Sept. 24 the formation of a committee tasked with overseeing the building of […]
By John Lee. Yesterday (Thursday), the South Refineries Company (SRC) and Iraq's Ministry of Oil (MOO) signed the contract with Japan's JGC Corporation to start construction of a new Fluid Catalytic Cracking (FCC) Complex at Basrah Refinery. The project is funded by the Japan International Cooperation Agency (JICA)'s ODA (Official Development Assistance) loan project. The […]
By John Lee. Iraqi Prime Minister Mustafa Al-Kadhimi met on Monday with government officials to discuss steps to build a thousand new school buildings throughout Iraq. Mr. Al-Kadhimi said that, "education is the real weapon with which nations arm themselves, in addition to the health system". The Prime Minister was also briefed on ten models […]
By John Lee. The European Bank for Reconstruction and Development (EBRD) is reportedly considering a request from Iraq to become a member. A decision is expected to be made within three weeks. The EBRD was established to help build a new, post-Cold War era in Central and Eastern Europe. It has since played a historic […]
Security Council Unanimously Extends UNITAD Mandate The Security Council decided unanimously today to extend the mandate of the United Nations Investigative Team to Promote Accountability for Crimes Committed by Da'esh/ISIL (UNITAD) until 18 September 2021. The extension, reflected in resolution S/RES/2544 (2020), was made at the request of the Government of Iraq. Special Adviser and […]
