The Iraqi economy is suffering due to a lack of properly trained managers, an Iraqi business leader said on Monday. The head of the Iraqi businessmen federation in Basra, Sabih Habib al-Hashemi, told AKnews that the management situation means that Iraq's resources are not being properly exploited. "Most of the economic issues in the country […]
Archive | Construction & Engineering In Iraq
Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
Tags: education
Alstom Grid Wins Major Iraq Contract
Alstom Grid has been awarded a €80 million contract from Calik Energy [Calik Enerji], a leading Turkish energy company, for the supply of electrical transmission equipment to be installed in two power plants being built in Iraq by Calik Energy. This contract is considered the largest one to date for Alstom Grid in Iraq. The […]
Baghdad Metro Project Suspended
A project to build a 22km urban rail network in the Iraqi capital has been put on hold due to a lack of funds, an advisor to the Transport Ministry said on Tuesday. Karim Nouri told AKnews that the cost of the project exceeds this year’s federal budget allocation. The 14-station metro line was intended […]
$300m Housing Project Proposed for Basra
Iraqi Media reports that a British company called 'Mayfair' has proposed a $300 million housing project to Basra Investment Commission. Other sources suggest that the company is in fact the Indian-based Mayfair Housing. Head of the BIC Haider Ali Fadel reportedly said the project would be funded by the World Bank. The project includes the […]
Turkey Uses Basra as Launchpad for Assault on South
The Turkish ambassador to Iraq, Murat Ozcelik, said Turkey is seeking to strengthen trade relations with Iraq through establishing a large investment base in the oil-rich port city of Basra. Turkey is eyeing Basra as a launchpad for its investment and trade development in the south of the country, according to Ozcelik . ‘There are […]
Canadian Firm Wins $1.7bn Iraqi Power Contract
Iraq has signed a $1.2 billion contract with Canada's Capgent to build 10 power stations with a total capacity of 1,000 megawatts in a bid to meet local demand, Reuters reports. A ministry spokesman told AFP that the plants were to be constructed within 12 months in the provinces of Anbar, western Iraq, and in […]
Tags: Canada, Canadian Alliance for Power Generation Equipment, Capgent, Electricity In Iraq, Hyundai
Basra – Model of Reconstruction or Too Good to be True?
By Marko Lukic. In October of 2010, Move One reported on the economic recovery of Basra as the first wave of post-war energy exploration companies set up operations and introduced a level of prosperity and stability that has not been seen in years. Since then the city has become a focal point for foreign investment […]
Tags: Basra News, Move One
Mott MacDonald is Engineer for New Erbil Power Plant
Mott MacDonald is owner’s engineer for the conversion of Arbeel Power Plant in Erbil, Iraq from simple cycle to combined cycle. The project, on behalf of Mass Global Investment Company (MGI), will be the first combined cycle gas fired plant in Iraq. The existing plant consists of eight 9E gas turbines, manufactured by GE, operating […]
Tags: Mass Global, Mott MacDonald
Nujayfi’s Separatist Threat and the Reactions
The following article was published by Reidar Visser, an historian of Iraq educated at the University of Oxford and currently based at the Norwegian Institute of International Affairs. It is reproduced here with the author’s permission. The opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. […]
Quotation for ICP (Spectro Arcos) Multi Element Standard Solution
North Gas Company announces a new tender for ICP (Spectro Acros) multi element standard solution . Offers should be from manufacturing companies or authorized agents. Agents & suppliers should submit authorization from the main manufacturer(s) , all relevant documents to be originals being authenticated by Iraqi Commercial attache. Please click on this link for further […]
Quotation For The Supply Of Lab Chemicals
North Gas Company invites to bid for supplying lab chemicals. Offers should be worked out on the basis of CIP Kirkuk. Kindly state the following: -Delivery date & offer validity (90) days. -Country of Origin. -Port & Country of export. -Performance certificate & all relevant document involved. -Specify shipment route. - Offers must be signed […]
Re-Announcing For The Tender of Supplying Accessories For L.P.G. Railroad
Gas Filling Company has the pleasure to re-announce for the tender of supplying accessories for L.P.G railroad as a part of operation budget of 2011. Manufacturer companies & their approved agents companies who are interested in participating in this tender can refer to Gas Filling Company in Baghdad -Taji to purchase a copy of tender […]