Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
Iraq began pumping oil to the first of five floating terminals in the Gulf on Sunday, according to AFP, and the terminal will be ready for exports in a few days. Prime Minister Nuri al-Maliki symbolically opened the valve of a pipeline that runs 535 kilometres (332 miles) from Iraq's southern oil fields to the […]
Iraq's state-owned General Company for Car Manufacturing has announced its intention to sign a contract with the South Korean Hyundai Company to construct a complete car manufacturing line within 3 years, reports Aswat al-Iraq. The Iraqi company has already built up special car assembly and manufacturing lines in its efforts to expand the stages of […]
AKnews reports that Iraq's policy makers are working on a draft bill for the creation of a real estate board to make it easier for members of the public to build their own houses. Abdul-Hussein Abtan, a member of the acting Economic Committee, said it hopes to allow the construction of thousands of residential units […]
The Basra Investment Commission has approved a $100 million waste plant to be built by Dow Chemical's Kuwait branch, according to AKnews. The company, which already has plants in Kuwait, Saudi Arabia and Qatar, will enter Basra and invest in water purification projects and will consider providing environmental solutions, professional consultation and technical services. Waste […]
The Iraqi Agriculture Ministry has announced plans to save 3.6 billion cubic meters of water by deploying 35,000 irrigation sprinklers during the next planting season, according to AKnews. Ministry spokesman Karim al-Tamimi said the sprinklers were distributed among all provinces in the country. Iraq has suffered from drought due to a lack of rainfall as […]
test
Zaha Hadid joined H.E. Dr Sinan Al-Shabibi, Governor of the Central Bank of Iraq (CBI) at a ceremony to sign the agreement between the CBI and Zaha Hadid Architects (ZHA) for the design stages of the new CBI Headquarters building. The ceremony was hosted at the Victoria & Albert Museum by H.E. Dr Muhielddin Hussein […]
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 […]
