Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
Iraq's Minister for Transport has said a tender to build an airport in the Middle Euphrates region is expected to be floated in October. According to Reuters, he could not give an estimated cost for the project, which will be located between the holy Shi'ite southern cities of Najaf and Kerbala, but other sources estimate […]
Reuters, quoting Iraq's Minister for Transport, reports that a tender will be issued by the end of this year for the building of the multibillion-dollar 'Grand Faw' port south of Basra. Talks are ongoing with investors from Australia, France, Germany, Italy and the UAE to help finance the project. After a presentation of the project's […]
[Update: The National Investment Commission (NIC) has issued a statement on 22nd March 2011 on behalf of the Chairman of the Nineveh Investment Commission, denying these reports of contracts signed with South Korean companies.] The Chairman of the Nineveh Investment Commission said on Wednesday that it has signed investment contracts with 20 South Korean companies […]
In an official ceremony, the Head of the Kurdistan Regional Government (KRG) Department of Foreign Relations Falah Mustafa Bakir and the Chief of Staff to the President of the Kurdistan Region Fuad Hussein opened the new representative office of the KRG in France. During his speech, Mr Bakir noted the importance of this step in […]
Iraq is preparing to issue a tender for a $388.5 million power plant, according to a report from Bloomberg. Ali Al-Dabbagh, a spokesman for the government, said on Tuesday that the Council of Ministers approved the plan to issue a tender for the plant in the Nineveh province, north of Baghdad. The plant should be […]
The Education Ministry said on Wednesday that Iraq needs 5,800 schools if it is to overcome the crisis of lack of school buildings. Walid Hasan, the spokesman of the ministry, told AKnews that the Education Minister Mohammad Tamim promised to build 200 schools this year, based on the money allocated for the Ministry, pointing out […]
Bayan Sami Abdul Rahman, the representative of the Kurdistan Regional Government (KRG) in Britain, said on Friday that the unrest in Iraqi Kurdistan would not affect British companies intending to invest in Kurdistan. Ms Rahman was accompanying a delegation of British businesses to the region, the ninth such group to visit. They have met with […]
The head of Nineveh Investment Commission has said that a German company plans to develop German-style housing complexes in Mosul, 405 km north of Baghdad. Muafaq Mahmud told AKnews that the German company Markina signed an investment contract with the investment board in Mosul and work is scheduled to begin on the housing complexes in […]
The general director of Erbil International Expos has said that due to the unrest across the Middle East, almost 45 Arab companies have withdrawn from the fourth International Exhibition for the Construction Industry in Erbil. The expo currently underway in the Kurdistan Region's capital has exhibits from 200 companies from 17 different countries. Latif Arf […]
Iraq’s Ministry of Oil has issued a tender for the supply of a wide range of laboratory equipment for Daura [Doura] refinery. Closing date for receipt of bids is 15th March. Please click on the following links to download the tender documents: Automatic asphaltene analyser Spectrometers Various items of laboratory equipment Various items of laboratory […]
Baghdad Investment Commission has issued 87 investment licenses worth a total of 3.5 billion dollars during the last thirteen months, and it claims these will provide about 350,000 jobs. The Commission's Chairman, Mr. Shaker Al- Zamily, said the licences included 13 in the construction sector (consisting of 17 projects for the construction of 120,000 housing […]
The head of the Journalistic Freedoms Observatory (JFO) in Iraq has condemned the violence that federal security forces inflicted upon a number of journalists covering the public demonstrations across the country on Friday, according to a report from AKnews. Hadi Jallo Merei told the news agency that a large number of journalists were physically attacked […]
