Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
By John Lee. Iraq is preparing to tender the $1.3bn contract to deliver the marine works component of the first phase of the new Grand Fao [Faw] Port. Project director Asaad Rashid told MEED's Arabian World Construction Summit (AWCS): “We are evaluating prequalification documents from about 18 consortiums ... We shall issue the shortlist for […]
By John Lee. Turkish-based ERGIL, a worldwide specialist in engineering, construction and manufacturing for oil, gas, water, chemical and petrochemical industries has announced that it has been enlisted as an approved supplier/contractor by the Kurdistan Regional Government Ministry of Natural Resources in Erbil, Iraq. As an official party, ERGIL is now qualified to participate in […]
Fugro has been awarded a contract for one year, plus a year extension option, by Basra Gas Company (BGC) for the provision of Geotechnical Investigations and Topographic Services in the Basrah province of Southern Iraq. Fugro will provide geotechnical and topographical survey investigation services at various locations throughout the project area to support a number […]
By John Lee. Korean company LS Industrial Systems (LSIS) said on Wednesday that it has signed a $52 million deal with the Iraqi government to supply its patented advanced metering infrastructure (AMI) solutions. The company will supply 110,000 smart meters that track energy consumption at power transmission centers in Iraq. The transmission centers will then share […]
By John Lee. Al Shorfa has reported an announcement by the provincial governor of Baghdad Riyadh al-Adhadh that infrastructure projects worth 200 billion dinars ($172 million) will be launched shortly in the towns surrounding Baghdad. While the provincial governor announced the news, it is notable that Baghdad's controversial mayor Naim Abub al-Kaabi has come under fire in […]
By John Lee. US heavy industries firm PAT GD JV LLC has been awarded a 17 month contract worth $24.4 million to dredge waterways and install a floating pier in support of the Iraqi Navy through the US Foreign Military Sales (FMS) program. The company, established in 2012 is based in Rochester Hills, Michigan. The award […]
By John Lee. Iraq's minister of housing and construction Mohammed al Daraji has announced the completion of a 500 unit housing complex in Najaf, Iraq. Iraq is currently in the middle of a major drive to build 2 million new housing units, and a number of international construction firms are working on projects within Iraq […]
By John Lee. For our more athletic readers in the US, we are pleased to announce a special charity event in Alexandria, Virginia on the 10th of May. Impressively, Iraq's Ambassador to the US Lukman Faily (pictured) will be the Distinguished Guest Runner having recently run in the Boston Marathon. This looks like a fun […]
By John Lee. Bloom Properties, the Dubai based multi sector subsidiary of National Holding, has won a major housing development in the Karbala governorate after signing an agreement with the provincial governor Amal al Deen al Hir and the Iraqi National Investment Commission. The 40,000 housing unit development will be constructed in phases over eight […]
Nina-iraq.com is new magazine and webportal for Iraqi Women everywhere. In a launch that has coincided with the Iraqi elections, Nina is a sign of hope and strength that allows the international 5 million diaspora to connect back to support women’s economic empowerment in country. Free educational links, business building courses and mentoring support are […]
By John Lee. The Minister of Construction and Housing, Mohamed Sahib al-Daraji [Mohammed Al-Deraji], has laid the foundation stone for the new AlGriat (Jawadain) suspension bridge project in Baghdad. The bridge will connect the holy city of Kadhimiya with AlGriat across the Tigris River. The Minister said that the project also includes setting up entertainment areas […]
By John Lee. Norwegian company Hexagon Ragasco, a wholly-owned subsidiary of Hexagon Composites, has received an order of USD 13.6 million for the supply of LPG cylinders to Iraq. The order is for delivery in the second half of 2014. Jon Erik Engeset (pictured), CEO of Hexagon Composites, commented: "We are very pleased with the performance […]
