Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
The increase in construction projects in Iraq is considered a positive indicator for Turkey's construction sector in the coming years, according to a report from World Bulletin. A report by the Undersecretariat of Foreign Trade (Export Development Research Center) said the construction and contracting sectors have entered a rapid growth phase in Iraq. The report […]
"The Iraqi government will take new procedures to combat drought in Iraq. It will launch a new initiative to control the drought and support the agricultural initiative that started last year", a source in the Iraqi government said on Tuesday, as reported by AK News. "There is a fear that the water levels in Tigris […]
The Baghdad Mayoralty has allocated ID60 billion ($50m) on Tuesday to improve sewerage systems in the Iraqi capital. “The amount will be funded from the 2010 budget for the development of regions,” the mayoralty said in a press release received by Aswat al-Iraq news agency.
The regional government of Iraq's Kurdistan has approved the construction of the $500m Avro City in Dahuk province as security in the area improves, Meed has reported. The project will include 120 low-rise buildings, 3,396 apartment units, 56 single-family villas, 40,000 sq m of education facilities, a five-star hotel, sports stadium, commercial district, healthcare facilities, […]
A consortium of Turkish firms is negotiating with the authorities in the southern Iraqi Province of Missan for the construction of a 500-megawatt power plant, according to a report from Azzaman News Agency. Governor Mohammed al-Sudani said the talks were in an advanced stage and that representatives from the Turkish consortium were currently discussing the […]
The Acarsan Group, based in Gaziantep, Turkey, is set to complete the construction of five new hospitals in Iraq and hand them over to the Iraqi Health Ministry by the beginning of 2012, according to a report in Today's Zaman. In partnership with the Universal Hospitals Group network of Turkey, Acarsan won a recent tender […]
China's Xinhua News Agency is so far the only source to report on Iraq's new five-year National Development Plan (NDP), announced on Sunday. The plan targets annual economic growth of 9.4 percent and attempts to cut unemployment. The country's 2010-2014 NDP was announced in a televised event in Baghdad attended by top Iraqi officials, including […]
The Iraqi Industry Ministry has finalized the project to rehabilitate the al-Fatiha Bridge in Baiji (Bayji), north of Tikrit city. “This bridge is considered one of the biggest, most important bridges in Iraq, because it links the two provinces of Salah al-Din and Kirkuk,” the ministry said in a statement on Sunday, received by Aswat […]
The Egyptian firm, Orascom, is ready to invest in the housing sector in Karbala, the company’s representative said on Wednesday. “Our company can construct more than 10 housing units in Karbala,” the representative told Aswat al-Iraq news agency. He noted that a similar project was finalized in Egypt in eighteen months. (Source: Aswat al-Iraq)
Is your business in Iraq or going to Iraq or just thinking about it? Either way our community of subscribers and readers in 112 countries will almost certainly contain people who could become customers or influence buying decisions. Some of them may already be customers. Either way, telling them about your business, keeping your name […]
Reuters reports that Iraq's city of Najaf has awarded a Canadian company a $600 million contract to build the country's first monorail. Anwar al-Haboobi, a member of the Najaf investment committee, told Reuters the project will be only the second of its kind in the Middle East after Dubai. The contract was awarded to TransGlobim […]
A German company is interested in providing heavy equipment to Iraqi ports, in cooperation with the Iraqi Ports Company, an official source at the company said on Monday, according to a report from AK News. "The German company Damij Cransing (sic) is seeking to invest ... in direct cooperation with the Iraqi Ports Company and […]
