Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
By John Lee. A business delegation from Türkiye, comprising business owners, entrepreneurs, and investors who are members of the Foreign Economic Relations Board (DEİK), has met with Kurdistan Region Prime Minister Masrour Barzani in Erbil. The meeting was also attended by Anıl Bora İnan, Ambassador of Türkiye to Iraq, and Erman Topçu, Consul General of […]
By John Lee. An agreement has been signed to build an automotive manufacturing plant in Zakho, in Iraq's Kurdistan Region. The contract was signed between Harlem Group and China's Jetour International, marking what the companies describe as the first and largest domestic automotive manufacturing project in the Region, covering more than 1,000 dunams. The contract […]
From the American University of Kurdistan (AUK). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The Male Residence Facility (MRF) at the American University of Kurdistan (AUK) has achieved LEED Gold certification under the LEED Building Design and Construction (BD+C) rating system, earning a […]
By John Lee. Prime Minister Ali al-Zaidi met a group of Iraqi business leaders and investors in Amman, Jordan, to outline government policies aimed at improving the investment climate and attracting domestic and foreign capital. According to the Prime Minister's Office, al-Zaidi highlighted measures including customs exemptions for development projects, streamlined procedures, and protections for […]
By John Lee. Plans for a network of specialist trade showrooms selling Chinese construction materials in Baghdad and across Iraq's provinces are under discussion. According to the Ministry of Transport, a Chinese delegation met with the director-general of the General Company for Trading in Construction Materials, Engineer Areej Hussein al-Jumaili, to explore the project. Talks […]
By Gökçe Nur Ataman, for The National Interest. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq Courts US Oil Giants to Secure New Export Routes Chevron and ConocoPhillips are pursuing different paths into Iraq's oil sector, but the $60 billion in announced deals […]
By John Lee. Talks between Iraq's Ministry of Planning and the Japan International Cooperation Agency (JICA) have focused on strengthening bilateral development cooperation. The meeting, held on Tuesday, was led by Dr Sahir Abd al-Kazim Mahdi, Director General of the ministry's International Cooperation Department. Discussions covered mechanisms for exchanging expertise in development, including training programmes […]
By John Lee. Combined-cycle units with a capacity of 125MW each are under construction at the South Baghdad Gas Power Station and the Khor al-Zubair power station, with both units planned to enter service before next summer. According to Iraq's Ministry of Electricity, a meeting was held on Sunday between Mohammed Naama al-Tufeili, Undersecretary for […]
By John Lee. A new associated gas processing and utilisation system (GCS) has been commissioned at the second separation station of the Garraf oil field in Dhi Qar, with an operating capacity of 15 to 22 million standard cubic feet per day (mmscfd). The opening was held under the patronage of Oil Minister Basim Muhammad […]
By John Lee. Five grain storage silos are being built across Iraq by Switzerland-based Bühler, covering the provinces of Najaf, Anbar, Muthanna, Wasit, and Kirkuk. Bühler is responsible for the electromechanical works, while Samco is carrying out civil construction. Minister of Trade Mustafa Nizar Jumaa visited Bühler's headquarters in Switzerland, accompanied by Dr Haider Nouri […]
By John Lee. Iraq is planning to build 16 new liquefied petroleum gas (LPG) storage tanks with a combined capacity of 48,000 cubic metres, as part of efforts to expand strategic reserves and improve supply stability. According to the Ministry of Oil, a senior review meeting was chaired by Dr Izzat Sabir Ismail, Deputy Minister […]
By John Lee. A proposal to develop a $250 million hotel complex managed by the Kempinski hotel chain has been discussed with the National Investment Commission (NIC). The meeting was held between NIC Chairman Adel Dakhil Muhammad al-Yasiri and an investment delegation led by businessman Jawad al-Qassab. The preliminary plan envisages allocating 20 to 30 […]
