Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
By John Lee. Greek company TERNA has reportedly been awarded a $26.8m turnkey contract to construct a 100-bed hospital in Basra. According to Construction Weekly, the design and build project consists of a general hospital covering a built area of 18,000 m2, including 2,000 m2 for a staff residence and 22 rooms for special care. It […]
By John Lee. A Pakistani company identified as "Alkitan" has said it will build a new cement plant in Basra. Company director Shakir Ali told the Basra Investment Commission that they wanted to set up there "due to the abundant natural resources and investment opportunities". He added that the plant will be built on a […]
By John Lee. The local government in Diyala has announced the start of construction on a 1.5 billion Iraqi dinar ($1.29 million) project to build eight pedestrian bridges, reports al-Shorfa. The bridges, located in Baqubah, al-Meqdadiya and al-Khalis, are being built to facilitate movement and prevent accidents. Local companies are overseeing the project, which is […]
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. MPs from the ruling State of Law Coalition and the Kurdistan Alliance confirmed the presence of positive vibes between the federal government in Baghdad and the Kurdistan Regional Government (KRG) in […]
ABB has won an order worth around $30 million from Zagros Energy to build four new transmission and distribution substations in the Kurdistan region of Iraq, as part of an overall initiative to expand and strengthen the regional power grid. The order was booked in the second quarter. Demand for reliable power is growing at […]
By John Lee. Mass Global Investment Company has selected GE steam turbine technology to increase the efficiency and the output of the Erbil Power Plant in Iraq's Kurdistan region. In operation since late 2008, the Erbil plant plays a vital role in meeting the growing power needs of Kurdistan, Iraq. Under the new agreement, GE […]
By John Lee. Nawzad Hadi, Governor of Erbil, has visited the Kore-Qandil road project to review progress. On his visit Mr. Hadi was accompanied by Deputy Governor Tahir Abdullah, general directors of roads, municipality and water resources in Erbil, in addition to the Mayor of Shaqlawa. They started their visit at the Kore-Qandil road, a […]
By John Lee. The Iraqi government has announced a series of development projects in Dhi Qar [Thi Qar] province as part of this year's annual provincial development plan. Deputy Prime Minister for Service Affairs, Saleh al-Mutlaq [ Saleh al-Mutleg, Salih al-Mutlaq] (pictured), told Al-Shorfa that the projects, which include building a sewerage network, extending drinking water […]
By John Lee. Hurriyet Daily News reports that Doğuş Otomotiv, the automotive arm of Turkey’s Doğuş Holding, has said it has reached an agreement with Volkswagen and Audi to establish a company in Iraq. Doğuş Otomotiv will own 100 percent of the company that will deal with distribution and after-sale services for Volkswagen and Audi […]
By John Lee. The Basra Oil and Gas International Free Zone (BIOGH) and its development managers EPGI have issued its first construction license to Basra Mas Company in relation to an initial 10 year construction programme. Works commenced on site on the 9th July with handover to Basra Mas who this week began work on […]
By John Lee. American Science and Engineering, Inc. (AS&E) has announced a $3.5-million order for its cargo inspection systems from Restrata, an Olive Group company, of a major housing project in Baghdad. Restrata is acting as the security partner for the giant Bismaya development, 10 kilometers south of Baghdad. AS&E's cargo X-ray inspection systems will […]
By John Lee. The Baghdad Investment Commission (BIC) has inaugurated a new $35-million shopping mall in the Mansoor [Mansur] district. The mall, the largest of its kind in Iraq, has four floors housing some of the world’s most famous commercial brands. According to a report from Azzaman, it was the largest construction project undertaken by […]
