Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
The Ministry of Education has built 125 schools in the past six months, according to a report from Azzaman. Sahar Abdulamir, the ministry’s information officer, said 87 schools have been refurbished and repaired over the same period. “We have also added new annexes and extensions to 52 more schools,” she added. Abdulamir said the ministry […]
A number of UAE companies wanting to launch investment projects in Basra province has increased in recent weeks, said a spokesman for Basra's governor on Sunday. "Basra province received more than four UAE companies within a month," Salem Al-Taqi, told AKnews. [We assume that "more than four" means "five" - Ed.] "Basra's governor, Sheltag Aboud, […]
A total of 19 new projects will be built at the al-Shieb border crossing as part of Missan Investment Commission's (MIC) plan to encourage investment and tourism in the province, the director of the MIC said on Tuesday. “The projects site covers 100 donums [25 hectares], and will include hotels, restaurants, garages and banks as […]
Dr Sami Al Araji, chairman of Iraq's National Investment Commission, has said the government has selected 35 international firms to build one million new housing units across the country, Arabic Al Sabah newspaper has reported. The firms were selected from 117 applicant companies, and are reportedly from U.S., Canada, Turkey, Spain, France, Germany and South […]
Federal prosecutors in the U.S. are investigating whether a major contractor overcharged the government. They are investigating allegations that the Louis Berger Group (LBG) submitted inflated invoices to the U.S. Agency for International Development (USAID), which oversees international development projects. The company works in countries including the U.S., Iraq, Afghanistan and India. LBG's Chairman, Derish […]
Preparations have begun on the concrete-layered transportation canal of the Shatt al-Arab Irrigation Project. “The total cost of the project will be around $299 million [350 billion Iraqi dinars],” the Iraqi Water Resources Ministry said in a press release on Tuesday, received by Aswat al-Iraq news agency. It noted that the canal will be 128 […]
Iraq will spend $300 million [350 billion Iraqi dinars] to upgrade six major hotels in Baghdad for an Arab summit next year, Foreign Minister Hoshyar Zebari told AFP on Tuesday. "We will invest around 300 million dollars to transform our six largest hotels to international standards for the Arab summit at the end of March", […]
The Iraqi Construction and Housing Ministry has announced plans to build 504 houses in the province of Diyala by the end of 2011, said the minister on Monday. Minister Bayan Dezayi [Bayan Dezei] said the project was worth 53 billion Iraqi Dinars (ID), over $45 million. Dezayi said they aim to complete the road between […]
Iraq Business News is always delighted to bring you the latest exciting new developments from Iraq, and it's refreshing to see that the country's building boom is being carefully planned and tastefully designed. Many new architectural projects in Iraq can be credited to Dewan Architects & Engineers, founded by Iraqi-born Mohamed Al Assam in 1984. […]
An additional 13 agricultural silos are to be build in the Kurdistan Region by the end of 2013, lifting the storage capacity up to one million tons, said an official source on Sunday, as reported by AKnews. Before Saddam Hussein’s fall in 2003, there were two silos in the region with a storage capacity of […]
The third stage of the development of Maytham al-Tamar Street in central Karbala was started on Thursday, according to the province’s reconstruction & strategic planning committee. “The project’s third stage, which is launched at a total cost of 20.304 billion Iraqi dinars [$17m], is expected to ease the traffic congestion at the entrance of city, […]
The Baghdad Mayoralty has launched an international architectural competition to develop the al-Adhamiya City area of Baghdad, specifically the areas close to the Shrine of Imam Abu Hanifa. “The mayoralty has invited local, regional, and international firms specialized in city and rural planning to participate in the competitions,” a media source from the mayoralty told […]
