Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
A group of Russian companies has been offered the project to build a monorail in Baghdad, according to Aswat al-Iraq. “Baghdad’s Hanging Train [monorail?] project, offered tp Russian companies, is expected to stretch for 25 kms, with a total capacity of 10,000 passengers per hour, through 16 stations, distributed between Baghdad’s two banks of Rusafa […]
Basra's Council approved an energy project worth 288 billion dinars [$246m] on Thursday, a vice president of the Basra council told Aswat al-Iraq news agency. “The council approved during its regular session an energy project to establish four generating units with a production capacity of 400kv (sic) at the al-Najiebiya electricity plant,” Ahmad al-Salieti is […]
Iraq's Industry Ministry has signed a contract with a Chinese company to produce thermal bricks, a spokesperson of the ministry said on Thursday. “The thermal industries company signed a contract with a Chinese company to carry out a project to produce thermal bricks,” Hanaa al-Husseini told Aswat al-Iraq news agency. “The ministry has allocated 25 […]
The Tigris River which bisects Baghdad and several other major Iraqi cities has about one billion cubic meters of polluted materials dumped into it, according to a senior environment expert. Azzaman news agency quotes Kamel al-Saadi, Baghdad Province’s expert on the environment, as saying that pollution was increasing in the river “at an alarming rate” […]
A branch of the Project Management Institute (PMI) in the Arab Gulf was opened in the city of Mosul, to make a qualitative leap in managing projects, Ninewa's governor said on Wednesday. “The PMI opened a branch in the city of Mosul with around 120 engineers and administrators,” Atheel al-Nijiefi said at the 2010 development […]
The deputy director of the Babel Investment Commission said that an Iranian company has been granted an investment licence to build an oil refinery in the province. Abbas al-Tai told AKnews that the Iranian company, IR Haval, will set up the refinery for filtering diesel oil, which is produced in abundance by the Iraqi refineries. […]
The National Investment Commission (NIC) has just announced a string of new tenders to build "central malls, warehouses and free markets in addition to constructing residential buildings" throughout Iraq. Click here to see the full table of projects. Please submit application forms to either the National Investment Commission directly or by e-mail to [email protected] before […]
The Chairman of the National Investment Commission, Dr. Sami Al- Araji, announced that 125 companies of various nationalities have submitted offers to implement the 'One Million Housing Units' project [National Housing Project] throughout Iraq, and says that 35 companies from that list will be chosen. Dr. Araji explained that the project will be built on […]
The Central Bank of Iraq has instructed private banks to raise at least $7 billion in fresh capital over the next three years to be able to handle an expected oil-fueled construction boom, according to the Wall Street Journal. Ahmed Ibraihi, Vice Governor of the Central Bank of Iraq, told the newspaper on Wednesday that […]
Iraq is aiming to become a major oil and gas supplier to Japan, Baghdad's oil minister, Hussein al-Shahristani, said on Wednesday after a meeting with Japanese officials. The Minister also said that Japan offered economic aid in the form of loans and investments to help build Iraq's infrastructure. The statement was released following a meeting […]
German companies have offered to build 1,000 low-cost housing units in Karbala within an integrated housing neighborhood project for a total cost of $16.5 million, according to a report from Aswat al-Iraq. “A delegation representing a German consortium offered to Karbala's Governor Amal al-Din al-Hirr, and Provincial Council Chief Muhammad Hameed al-Moussawi, a project consisting […]
Erbil Building Trade Solo Exhibition will be held in Erbil from 3rd to 6th of March 2011 in the Sami Abdulrahman Park Exhibition Centre Erbil is ready to host building and construction industry professionals in this essential event with its growing market and population of 8 million. Erbil Building Trade Solo Exhibition is the greatest […]
