State run firms belonging to the Ministry of Housing and Reconstruction are capable of executing “any project assigned to them,” according to an official statement. The statement, quoting Housing and Reconstruction Minister Bayan Dazai, said: “The ministry has reinstated in the past four years all its companies destroyed after the events of 2003.” Iraq had […]
Archive | Construction & Engineering In Iraq
Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
Custom Building in Mosul Renewed
Engineering in Nineveh Province finished today on the renovated customs Directorate building in Mosul in the Northern Region at a cost of 200 million dinars. The supervising engineer Ahmad Al Tai said that the engineering team started rehabilitating the main building in the first phase. Afterward it set an outdoor fence in a way that […]
$6 Million Residential Project in Baghdad
The Baghdad Investment Commission on Tuesday approved a residential project in the capital at a cost of $6 million, according to the head of the commission. “The commission’s board agreed to give an investment license to establish a residential project in Haifa street in Baghdad,” Shaker al-Zameli said in a statement received by Aswat al-Iraq […]
4 Projects in Amara at ID4b
Four projects for sidewalks in the city of Amara were finalized at more than 4 billion Iraqi dinars (ID) as part of the Provincial Development Budget (PDB) appropriations, according to the Amara municipality chief on Tuesday. “A consortium of local firms finalized the project of Abu Rimmana sidewalks at 1.481 billion dinars and the al-Oufiya […]
Tags: Amara, Construction & Engineering
Mayoralty Handpicks 10 Firms for Sadr City Rebuilding Project
A list of 10 out of a total 52 companies were selected to start work on the first stage of the 10×10 project to rebuild Sadr City, according to a press release by mayoralty’s information office on Tuesday. “The 10×10 project envisages the construction of 75,000 housing units over an area of 14 square kilometers […]
Iraq ...... a New Aviation and Hospitality Destination
As markets continue to saturate in the region, Iraq emerges as a new destination for investors in the hospitality and aviation sectors.
China’s Shanghai Electric in $1bn Power Deal
China's top power equipment maker Shanghai Electric is moving ahead with a $1 billion power-generating plant to boost Iraq's electricity capacity by 1,320 megawatts, officials said on Saturday.
Tags: China, power generation
Italian Group to Establish Residential Compound
Head of the Diwaniya Investment Commission said on Friday that a Memorandum of Understanding has been signed with an Italian group to establish a residential compound in the province.
Turkish Company to Develop the Infrastructure of Baghdad
The Municipal Secretary of The Secretariat of Baghdad, Naeim Alkaabi, has met with a Turkish Company the discuss the possibilities to develop the infrastructure of the Capital city of Baghdad.
Baghdad Mayor and Governor Discuss Construction 222,000 Housing Units
Baghdad Governor Salah Abdulrazeq and Mayor Saber al-Issawi discussed on Thursday allocation of lands to build 222,000 investment housing units in the capital
Amwag Starts US$238m Housing And Hotel Project
Iraqi-owned Amwag International announced on Monday a housing and hotel project worth US$238m in the heart of Baghdad, while more companies want to invest in the country after the security situation stabilised. Iraq, which has suffered because of decades of war and sanctions, is trying to attract foreign investors to help rebuilding its destroyed infrastructure […]
Investors Can Help Rebuild Iraq
The Iraqi National Investment Commission has said some of the projects — worth nearly $70 billion (Dh257.4 billion) — are expected to be finalised in the near future. The news comes after Emirates announced it will begin flights to Baghdad in July. Etihad Airways has been flying to the Iraqi capital since April.