Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
By John Lee. Pakistan’s Lucky Cement has reported that the first phase of the brown-field expansion of its cement grinding unit in Iraq is expected to come online by October 2017. It will hava a capacity of 0.4355 million tons per annum, representing half of the planned 0.871-million-ton expansion. The second half the expansion is […]
The United Nations Development Programme (UNDP) estimates that more than $700 million will be needed to rehabilitate Western Mosul, in addition to the $370 million required in the Eastern part of the city. The Deputy Special Representative of the United Nations Assistance Mission for Iraq (UNAMI), and UNDP Resident Representative in Iraq, Ms. Lise Grande […]
Erbil International Airport (EIA) this week signed a partnership deal with Lufthansa Consulting, part of the Lufthansa Group, to support the development and implementation of its masterplan. The contract, funded by EIA, will secure for the airport key expertise across a range of airport disciplines from project management, through planning, design, cargo, security and safety. […]
Germany has announced an additional $117 million (100 million Euros) in aid to help rebuild the city of Mosul following its liberation from IS; much of the city is in ruins after months of fighting between government forces and IS for control of the city. The German government has stated that it will massively step […]
The Industries Development and Renovation Organization of Iran (IDRO) is ready to cooperate and collaborate with the neighboring Iraq in the field of energy, renovation of industries and training managers. Chief Executive Mansour Mo’azami announced the above statement in his meeting with the visiting Iraqi Minister of Industries Mohammed Shia Al Sudani. The two sides […]
EU and UNESCO organize High-Level Workshop on “Building a Roadmap for Effective Groundwater Management in Iraq” The European Union (EU) and UNESCO organized a high level meeting on “Building a Roadmap for Effective Groundwater Management in Iraq”, in the context of the EU-funded project entitled “Advanced hydrogeological survey of groundwater resources in Iraq phase 2 […]
On Tuesday 1 August, 2017, the Iraq Britain Business Council (IBBC) will hold its first networking event in Dubai. The event follows the appointment of Vikas Handa (pictured) as IBBC UAE representative. Vikas intends to host regular networking events in the UAE for IBBC members and companies that are interested in working in Iraq. Since […]
The UN Development Programme (UNDP) Country Office in Iraq has informed all potential construction firms/companies that starting 01 August 2017, all procurement processes will be conducted using the online e-tendering system, Electronic Tendering Platform. In a statement, UNDP says the initiative of e-tendering will allow it to further improve transparency and efficiency in the procurement […]
By Ahmed Mousa Jiyad. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Developing Border Oilields and Utilizing Associated Natural Gas: Important Projects, Dubious and Non-Transparent Contracts Information from and about the Ministry of Oil has been published and circulated extensively, in the last few […]
Ratba’a Contracting Company has just joined the Iraq Britain Business Council (IBBC). Ratba’a is an Iraqi Company based in Basra and Baghdad and is owned by Haj Aboud Al Khlaidy & Sons Group. The group works to deliver projects in key sectors such as oil and gas (currently Shell, Petronas and BP are major clients), […]
Following extensive discussions, the Iraqi Ministry of Oil and Baker Hughes, a GE company (BHGE) signed a contract for fast-track solutions to help the recovery of flare gas in line with the country’s strategy for energy sector development. An advanced modular gas processing (NGL) plant has been recommended for Nassiriya as part of the initiative […]
By Ahmed Tabaqchali (pictured), CIO of Asia Frontier Capital (AFC) Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. While Iraq’s war against terror is far from over, the conclusion of the Mosul offensive should mark the high point in the cost of […]
