Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
Changes in legislation have led to an explosion in building companies in Iraq’s economic hub, Basra. Some exist only on paper but get jobs worth millions. Some say it’s the fault of US-formulated laws. Others say its corruption and public budgets. One of the most popular kinds of business in Basra city, the second most […]
This article was written by Hazim al-Sharaa, and was originally published by the Institute for War and Peace Reporting, iwpr.net. It is reproduced by Iraq Business News with permission. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The ministry of labour has drawn criticism […]
Reuters reports that the United States has wasted $34 billion [40 trillion Iraqi dinars] on service contracts with the private sector in the wars in Iraq and Afghanistan, according to a study being finalized for Congress. The findings by a bipartisan congressional commission were confirmed to Reuters by a person familiar with the draft of […]
A new children’s hospital in Kurdistan won a prestigious international design award at a ceremony in Boston on July 9th. The hospital, which was commissioned by the Kurdistan Regional Government, will be the first in Kurdistan dedicated to the treatment of children. The vision for the children’s hospital in Erbil, capital of the Kurdistan Region, […]
Iraq's Ministry of Water Resources has announced the building of a 129KM irrigation channel from the Shatt al-Arab waterway. The channel will be lined with concrete, and will carry water at a rate of 30 cubic meters per second. The project, which will provide water for agricultural land in the Basra governorate, is expected to […]
The Government of Iraq reaffirmed its commitment to tackling the ongoing water crisis this month at a national seminar in Baghdad on 3 July 2011, ushering in phase two of the new National Hydrogeological Resources Assessment Network and Database for Iraq, known as geoFIA. This interactive web-based platform will help the Iraqi government to accelerate […]
MAG (pronounced “Mag”) – Mines Advisory Group – is a neutral and impartial humanitarian organisation that clears the remnants of conflict for the benefit of communities worldwide. Almost 490,000 square metres of land that was heavily contaminated by landmines and other unexploded ordnance (UXO) has been cleared, and will now be used for farming and […]
Iraq's National Investment Commission (NIC) has issued details of a proposed new monorail transport system for the city of Karbala. Project Name: Karbala Monorail General Specifications: Concrete monorail train that goes 6 meters above the medium sideway. Length of the preliminary line: Length of the operating lines: 15 KM The second and third phases to […]
Premier Nouri Al-Maliki announced on Sunday that the number of ministries has become a real burden on the work of the state. "This fact appeared after the 100-day period", he said in a letter sent to parliament. Al-Maliki proposed a two-stage procedure, the first of which will see 29 ministries retained. "So, as a result, […]
To help rebuild and reunite its country, Iraq has embarked on a plan to create a nationwide network of internationally competitive athletic venues. For assistance, the country has turned to the design-build team of Anwar Soura General Contracting Company and 360 Architecture, along with its global team of consultants. The Anwar Soura/360 Architecture team is […]
Bloomberg reports that three former employees of the U.S. Army Corps of Engineers (USACE) have been charged along with two other men with participating in a bribery and kickback scheme involving more than $50 million in Iraqi contracts. The indictment unsealed on Thursday in federal court in Newark, New Jersey, [U.S. v. Markus, 11-cr-366, U.S. […]
Baghdad Governorate inaugurated a new water project on Thursday, reports Aswat al-Iraq. The Zuhoor water project in the Husainiyah area of Baghdad, has a production capacity of 800,000 cubic meters per hour, and a cost of 5 billion Iraqi dinars [4 million dollars], according to a statement issued by the Governor's office. The project will […]
