Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
By John Lee. The National Investment Commission (NIC) has announced new investment opportunities in Iraq: Textile and leather plants, State Company for Textile and Leather Industries Sulfur production, Mishraq Sulfur State Company Production of ethylene and high-densite polyethylene (HDPE), State Company for Petrochemical Industries Dextrin and starch production, State Company for Food Products Al-Qadisiya Brick […]
By John Lee. The Altun Kupri (Alton Kopri) bridge linking Kirkuk and Erbil provinces has been re-opened. According to a brief statement from the Iraqi Govt, the bridge is vital for commerce and for fostering enduring ties between communities. The route has been closed following clashes between Peshmerga and Iraqi forces in October. (Source: Iraqi […]
By John Lee. German-based Caparol Paints has reportedly signed strategic partnership agreements with a number of contractors from Iraq to increase its market reach in the country. According to a press release, the company hosted contractors from various parts of Iraq to provide them with firsthand experience of Caparol's paints and techniques. This is part […]
UNDP is helping to launch the Private Sector Development Strategy in Karbala The Governorate of Karbala in cooperation with the United Nations Development Programme (UNDP) and support of the Food and Agriculture Organization (FAO) organized a conference to roll out the Holly Karbala Private Sector Development Strategy (2018-2030) in Karbala province. The Holly Karbala Private […]
Germany's Siemens will upgrade one of the country’s largest gas-fired power plants. Under a new contract, Siemens will add 650 megawatts (MW) to Shatt Al Basra Gas Power Plant, which currently has a power generation capacity of 1,250 MW and consists of non-Siemens turbines operating in simple-cycle mode. Siemens will supply five of its highly-efficient […]
By John Lee. Turkish and Iraqi officials have reportedly announced plans for a feasibility study in advance of opening a new border crossing point 12 kilometers west of Habur. The new crossing would be named Ovaköy. (Source: Hurriyet Daily News)
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Vehicles cross the single-lane iron bridge in the Iraqi city of Fallujah, as it reopens three years after its destruction by jihadists. View on YouTube
By John Lee. Pakistan-based Lucky Cement has said it is currently in negotiation with its suppliers to finalize plant and machinery at its greenfield clinker production facility in Samawah. In its Annual Financial Report, the company said it plans to achieve financial close and commercial production is third quarter of calendar year 2018 and last […]
By Adnan Abu Zeed for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Iraqi Minister of Transport Kazem Finjan al-Hamami revealed July 25 that Iran has agreed to participate with Iraq in the construction of a dam on the Shatt al-Arab River — formed by […]
US-based Capstone Turbine Corporation has announced today it secured an order for a remanufactured C1000R microturbine to an oil and gas production site in Northern Iraq. The associated gas-fueled C1000R microturbine will act as the primary energy source for the remote site and will require minimal maintenance. Jim Crouse, Executive Vice President of Sales and […]
Kurdistan Regional Government Prime Minister Nechirvan Barzani inaugurated a new power station in Sulaymaniyah. In a speech during the ceremony, Prime Minister Barzani thanked South Korea for helping build the plant, which generates 400 KV electric power. He also said that despite major challenges, the KRG has taken serious steps ahead, and it allocated significant […]
By John Lee. The United Nations Assistance Mission for Iraq (UNAMI) has today issued its Yearbook for 2017, outlining what UNAMI and the United Nations Country Team did for Iraq over the past year. It can be downloaded here. (Source: UNAMI)
