Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
UN-HABITAT, the United Nation’s agency for human settlement, has created a development competition in association with the Iraq government to help rebuild the country. Winners of the international competition are London-based architectural firm Assemblage, with their design concept that focuses on the creation of a community for 3,000 people, include residential buildings, infrastructure, schools, markets, […]
Construction has started on a $34 million (40 billion Iraqi dinar) residential project in the province of Nineveh, reports AKnews. The 560 homes will be built on an 82-acre site close to the famed waterfall cascades in northern Mosul, in a joint-effort by Iraqiya and Andalusia Construction Companies. Nineveh's Governor, Athil Nujaifi, said the project […]
The Duhok Investment Commission has licensed two housing projects comprising over 8,000 residential units in the distrit of Zakho (pictured), on the Turkish border, according to AKnews. The agency reports that Kurdistan has a shortage of 100,000 housing units, but this project is expected to meet all the requirements of Zakho. The two projects will […]
AKnews reports that the Iraqi government has allocated $15 billion (17.3 trillion Iraqi dinars) for infrastructure projects in the proposed 2012 budget. At the last budget meeting on 5th December, Baghdad set the budget at $100 billion (115.8 trillion IQD) with a deficit of $13.5 million. Abdul-Hussein Abtan, a member of the House of Representatives […]
All interested international companies are invited to participate in the "Iraq Energy EXPO and Conference", April 23th – 26th, 2012 at Baghdad International Convention Center. Iraq Ministry of Oil, is urging all companies to pre-qualify to do business with ministry by participating in Iraq Energy EXPO and Conference, April 23th – 26th, 20121 at Baghdad […]
The Iraqi housing and rehabilitation minister, Mr Mohammad Darraji, has urged Jordanian construction firms and contractors to enter Iraq, reports Steel Guru. Jordanians have a real opportunity to contribute to Iraq's huge rebuilding projects, for which the government has allocated $40 billion in 2012, he said. Mr Darraji made the remarks during a meeting with […]
United Nations Assistance Mission for Iraq is seeking to establish a contract for rental of Fork Lifts, Cranes and dump Trucks for its use inside UNAMI-Basrah Compound, located within COB Military Base in the vicinity of Basrah International Airport, at the U.S. Consulate General Compound (PRT), Iraq. This will be on “as-and-when “required basis. They […]
The Architects' Journal reports that Zaha Hadid Architects (ZHA) has been shortlisted to design the new $1 billion parliament complex in Baghdad. ZHA senior architect Mohamed Al-Jubori attended a project briefing in Baghdad last month with Iraqi parliament president Osama al-Nujaifi. Hadid already has the contract for the Iraqi Central Bank building. The practice is […]
The Basra Investment Commission (BIC) has announced that it granted 30 investment licences in 2011 worth a total of 1.1 billion Iraqi dinars. Head of the Commission, Khalaf al-Badran (pictured), said that many foreign countries submitted proposals to invest in the province, including companies from the United States, United Kingdom, China, South Korea, Turkey and […]
A delegation from the Iranian Farast Group visited the Basra Investment Commission (BIC) and met its chairman, Khalaf Al-Badran. They discussed the possibility of obtaining investment opportunities in various sectors, including housing and electricity. The representative of the group, Ridha Mudhahari, said that his group includes 78 foreign and local specialized companies and that they […]
Two local governments started construction on more than 500 housing units to the west of the city of Diwaniya. Total investment in the scheme is said to be $84 million, according to Aswat al-Iraq. Ahmed Hashim, acting head of the Investment Commission, told the agency that the sites of the projects were handed over to […]
Basra Investment Commission (BIC) met a group of Irish companies to discuss ways of investing in Basra and the prospects of joint cooperation, and agreed to hold the Irish economic conference in the city. The group consists of 12 companies involved in construction, infrastructure, housing, waste recycling and communications and other disciplines. It is already […]
