Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
By John Lee. Six hundred new elementary and secondary schools have beenn opened this month across Iraq, as part of a national plan to improve education in the country. The Minister of Education, Mohammed Tamim (pictured), told Al-Shorfa that building the schools cost around 500 billion Iraqi dinars ($429 million), . He added that an […]
By John Lee. The Iraqi-born architect Zaha Hadid has said that her work on a new Central Bank of Iraq headquarters is progressing. She was asked to build the new bank after a 2010 suicide attack on the existing building. But will she return to Iraq for the first time since 1980? She told Bloomberg: […]
By John Lee. Serco, the international service company, in cooperation with its Iraqi partner Al Burhan Group, has signed a new agreement with the Iraq Civil Aviation Authority (ICAA) to continue providing Air Traffic Control (ATC) services, training and support at Baghdad International Airport and extending our presence in Iraq. Serco has been providing these […]
By Ahmad al-Rubaie. This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Central Baghdad is famous as the setting for many of the ancient tales in One Thousand And One nights. However many of the houses, located on […]
By John Lee. Hill International has said it expects to see big growth in demand for construction work in Iraq, and wants to encourage more large international contractors to work in the country. Its senior vice-president and managing director of Middle East operations, Mohammed Al Rais (pictured), told Construction News: "We do not see the […]
By John Lee. Iraq's Minister for Municipalities and Public Works has told Reuters that the country is to spend $1.5 billion annually for two to three years on 50 water and sewerage projects, which will be open to work by foreign contractors. "We will ask companies to bid for them in 2014 ... By the end […]
By John Lee. Iraq's Minister of Construction and Housing has admitted that the country is likely to complete only 5 percent of the 2.5 million homes it needs to build by 2016 to satisfy demand. Mohamed Sahib al-Daraji [Mohammed Al-Deraji] (pictured) told Reuters that only 130,000 of those homes would actually be built: 30,000 by […]
By John Lee. Global Cement reports that Iraq has banned imports of Iranian white cement from the Iranian border towns of Shalamcheh and Chazabeh. Sadeq Sava'edi, the deputy head of Khuzestan's Cement Exporters Union, told the ISNA news agency that Iraq is still importing grey cement and other construction materials, adding that Iran exports 8000 […]
By Omar al-Shaher for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq plans to increase the combined capital of the only two governmental banks in the country, from about $23 million currently to about $360 million next year. Deputies in parliament say that […]
The Head of the Italian Consular Office in Erbil, Mr Carmelo Ficarra, met with Head of KRG Department of Foreign Relations, Minister Falah Mustafa, today to speak about the growing interest and engagement from Italian companies. Italian companies are currently involved in several key projects in Kurdistan, including in the revitalisation plan of the Citadel […]
Reef Subsea Dredging and Excavation (D&E) has secured a number of substantial contracts in the Middle-East and Asia Pacific as the company continues to grow its global footprint. The Middle-East contracts will involve two teams from the company’s UK workforce managing subsea excavation work in Saudi Arabia and Iraq. The work in the Al Khafji […]
By John Lee. The governor of Kirkuk, Najm al-Din Kareem, has laid the cornerstone of what is claimed to be the biggest industrial city in Iraq. The $250-million project is scheduled to be completed within two years. (Source: Aswat al-Iraq)
