By John Lee. Iraq's National Investment Commission (NIC) has included two airport projects in its list of major strategic projects to be presented during the Kuwait International Conference for Iraq Reconstruction, to be held in Kuwait from 12th to 14th February: Rehabilitation and development of Mosul International Airport. Estimated cost before 2014: 120 billion Iraqi […]
Archive | Construction & Engineering In Iraq
Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
Iraq's $100bn Reconstruction Drive
By John Lee. Prime Minister Haider al-Abadi has said Iraq needs up to $100 billion to fix crumbling infrastructure, according to a report from Reuters. Calling on foreign investors to help it rebuild the country following the defeat of the Islamic State group (IS, ISIS, ISIL, Daesh, he told the World Economic Forum (WEF) in […]
Five Oil Storage Facilities available for Investment
By John Lee. Iraq's National Investment Commission (NIC) has included five oil storage facilities in its list of major strategic projects to be presented during the Kuwait International Conference for Iraq Reconstruction, to be held in Kuwait from 12th to 14th February: Bin Omar field for crude oil in Basra Province, with a design capacity […]
Rivals may Team Up to Defeat Abadi
By Mustafa Saadoun for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Rivals may Team Up to Defeat Iraqi Prime Minister Abadi Two former adversaries appear to be warming up to each other to collaborate in Iraq's presidential and parliamentary elections set for May — possibly […]
NIC Announces 157 Major Strategic Projects in Iraq
By John Lee. Iraq's National Investment Commission (NIC) has just announced the list of major strategic projects to be presented during the Kuwait International Conference for Iraq Reconstruction, to be held in Kuwait from 12th to 14th February. The 157 large- and medium-sized projects span all sectors of the Iraqi economy, including oil and gas, […]
DoD reports Spike in Contractors in Iraq
By John Lee. The number of civilian contractors supporting U.S. and coalition operations in Iraq against the Islamic State has risen 37 percent from January 2017 to January 2018 -- from 3,592 to 4,927 -- according CENTCOM: Contractors supporting base operations rose from 564 contractors at the start of the period to 827 contractors currently; […]
More Details on Iraqi Reconstruction Conference
By John Lee. On 13th February 2018, and within series of events of the Kuwait International Conference of Iraq Reconstruction and Development, Kuwait Chamber of Commerce & Industry (KCCI) will organize jointly with Iraq's National Investment Commission (NIC), the World Bank (WB) and the Kuwait Fund for Arab Economic Development (KFAED) a conference entitled Invest […]
US Helps Meet the Needs of Minorities in Iraq
Continued U.S. Assistance to Better Meet the Needs of Minorities in Iraq The United States Agency for International Development (USAID) and the United Nations Development Programme (UNDP) have agreed to increase assistance to Iraqis, particularly religious and ethnic minorities, to enable them to return to their homes in areas liberated from ISIS. Following Vice President […]
Investment Opportunity: Borders Crossing Points
The General Commission for Border Crossings in coordination with the National Investment Commission (NIC) has announced the investment opportunities of establishing high-standards border crossings in the following points: Al- Waleed crossing point Rabeaa crossing point AL- Muntheriyah crossing point Mandeli crossing point Traibeel crossing point Al- Qaem crossing point According to the following requirements: A […]
Iraq to ask IOCs to Build Housing, Provide Services
Iraq will ask foreign oil companies operating in the country to build housing for Iraqis employed on their projects, the oil ministry in Baghdad said in a statement on January 10. Oil Minister Jabar al-Luaibi “issued a general notice which commits contracted companies to build modern housing compounds and provide essential services to employees,” the […]
US gives Additional $75m for Iraq Stabilization
U.S. Ambassador to Iraq Douglas Silliman has announced that the U.S. government is providing $75 million in additional funding to help stabilize Iraq following its full liberation from ISIS. The United States plans to provide a total of $150 million for stabilization efforts in 2018, which will bring the total U.S. contribution to $265.3 million […]
"Lucrative Investment Opportunities" to be announced at Conference
By John Lee. The European Union has announced that it will co-chair a conference on Iraq's Reconstruction and Development in Kuwait in February. In a statement, the EU said the aim of the conference is to help consolidate regional and international engagement in support of Iraq. The conference will be hosted by Kuwait and will […]


