Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
Iraqi Airways received the first Boeing 777 aircraft for its fleet during a delivery ceremony at the Baghdad International Airport on December 15, 2012. The ceremony was attended by the Iraqi Minister of Transportation, Mr. Hadi al-Ameri, U.S. Ambassador to Iraq Stephen Beecroft, Boeing officials Donald A. Galvanin and Alan W. Smith, as well as […]
Iraq's Ministry of Water Resources has reportedly invited National Engineering Services of Pakistan (NESPAK) to participate in an irrigation project. The Express Tribune reports that the project, called "East Gharaf", will provide sustainable irrigation and drainage facilities for about 390,000 acres of land in the general areas of Nassiriya and Kut. State-owned NESPAK had worked on […]
By John Lee. Iraq has completed a new $146-million project to supply drinking water to much of Baghdad's population. Saleh al-Mutlaq (pictured), deputy prime minister for service affairs, told Al-Shorfa: "The ministry of municipalities opened the Abu Ghraib Great Water Project ... It will provide drinking water to houses through modern networks, and will cover […]
By John Lee. South Korea's STX Heavy Industries has said it has won a $150-million order to construct and operate a power plant in Amara, in Missan province. Under the turnkey contract signed with Iraq's Ministry of Electricity, STX will take responsibility for the operation and maintenance of the plant for a year after its […]
By Qassim Khidhir Hamad. 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. There has been an ongoing conflict between Iraqi Kurdistan and the rest of Iraq. But the representative of a major Shiite Muslim political party says […]
By John Lee. KBR has announced that it has been awarded the Mansuriya Full Field Development contract to perform front end engineering and design (FEED) studies and Quality Control Support Services (QCSS) for the Turkish Petroleum Overseas Company (TPOC), a wholly owned subsidiary of Turkish Petroleum Corporation (TPAO), in Diyala Province. The Mansuriya project is […]
By John Lee. A joint venture between the Indian companies Shriram EPC Limited (SEPC) and the Mokul Group has bagged an order worth $230 million for the supply and laying of basic sanitary systems in Basra. Shriram EPC, which is part of Shriram Group, is an integrated design, engineering, procurement, construction and project management services […]
By John Lee. Syscom 18, the Romanian company specialising in industrial automation and measuring systems, has won a contract worth three million euros in Iraq. The project involves the "design, construction, installation, electrical and automation side and starting operations of 40 fiscal metering systems", to be integrated into two power plants; project completion is scheduled […]
By John Lee. The Iraqi Housing Fund has approved about 39,000 housing loans since it started operations in March 2005, and the rate of activity is accelerating. The fund's general director, Burhanuddin al-Bassam, told Mawtani: "In previous years we processed dozens of citizens' applications for loans every day, but now the numbers range between 700 […]
By John Lee. Iraq's Minister of Housing and Reconstruction, Mohamed Sahib al-Daraji [Mohammed Al-Deraji] (pictured), has asked the government to allocate $3.5 billion every year to alleviate housing shortages in the country, reports Azzaman. He said Iraq needed 60,000 housing units every year as well as a massive housing reconstruction program for the building of […]
By John Lee. The Iraqi cabinet decided on Tuesday to give neighboring Jordan 100,000 barrels of oil as a gift to help it overcome its economic difficulties. According to a report from Businessweek, the move could be seen as an attempt by the Shiite-led Iraqi government to offer support to one of its Sunni neighbors. […]
By John Lee. Iraq's Ministry of Transport has reportedly signed a contract with a Greek company to construct the eastern breakwater and dock services for the new Grand Faw sea-port. According to NINA, the project will cost 204 million Euros, equivalent to 315 billion Iraqi dinars. While the name of the company was not mentioned, […]
