The investment commission in Basra has given an investment permit to establish a shopping complex in the north of the city at a total cost of $3.27 million U.S. dollars. “The project will be carried out in al-Madeena district (100 km north of Basra) on an area of 3,309 square meters,” an official from the […]
Archive | Construction & Engineering In Iraq
Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
International Companies in New Housing Projects
As the Ministry of Municipalities and Public Works said it will “will allocate land for building residential units at a nominal price”, new housing projects have just been announced in several Iraqi cities, helping to satisfy the huge demand for new accommodation in the country. A contract has been signed with a British firm to […]
Germans in Basra for Investments
Basra will get huge funds from oil revenues and will rely on major industrial countries to develop its infrastructure.
Intersection Bridge Opened in Muthanna
A new intersection bridge was opened in al-Muthanna province on Thursday at a total cost of seven billion Iraqi dinars. “The project is strategic,” Ibrahim al-Mayiali, the governor of Muthanna, said in a speech during the inaugural ceremonies. He said that other projects will be opened in Muthanna soon. Samawa, the capital city of Muthanna […]
Tags: Bridge, Construction & Engineering
Unauthorized Construction Material Warning
The Ministry of Planning has warned citizens against dealing with unauthorized construction materials, a ministerial statement said on Tuesday. “A source from the Central Organization for Standardization and Quality Control (COSQC) of the Ministry of Planning and Development Cooperation (MoPDC) warned citizens against a number of local and imported goods as they lack basic requirements,” […]
Russian Firm to Complete Work at Damage Power Plant
Russia’s Technopromexport has agreed to resume constructing a large power plant south west of Baghdad.
Wassit to Own 4,000 Donums
The Wassit council agreed on Tuesday to transfer the ownership of 4,000 donums of lands to the investment commission to start the residential compounds project, the chairman of the council said.
Tags: Construction & Engineering, Wassit
Water Project Opened in Ninewa
The Ministry of Housing and Construction on Tuesday opened a big water project that supplies the western part of Ninewa province with drinking water. “The project has a design capacity of 10 thousand cubic meters per hour,” Yelmaz Abbas, an official from the Ministry, said in a speech for the occasion. He said that the […]
Tags: Construction & Engineering, Ninewa
Work Starts on Oldest Bridge in Hindiya
Maintenance work has begun on Karbala’s oldest bridge, which was built during the royal era, the head of the city’s provincial council said on Tuesday. “On Tuesday, technical teams and engineers from a local company started maintenance work on the old Tuweireg Bridge in al-Hindiya district (20 km east of Karbala),” Mohammed Hameed al-Moussawi told […]
10,000 Houses for West Diwaniya
The investment commission in Diwaniya has discussed with a German firm a project to build 10,000 houses in the west of the province, the commission’s head said on Sunday. “The project will be located on the Diwaniya-Shafia road (7 km west of Diwaniya),” Eng. Hakem al-Khazaie told Aswat al-Iraq news agency. “The final contracts will […]
New Korean Contracts – Massive Investment in Basra
Aswat al Iraq reports that The Iraqi National Investment Commission is planning to offer 750 investment projects to South Korean firms. The total value of the projects exceeds $600 billion, and includes the building of a new city. The announcement follows a visit to the country last week by a high-powered delegation of Korean businessmen […]
Foreign Contruction Companies Needed for Housing
Aswat Al Iraq reports that the Iraqi minister of housing and reconstruction, Bayan Dizayee, has signed a memorandum of understanding (MoU) with her Jordanian counterpart on mutual cooperation in the fields of reconstruction and housing. “The memorandum encourages investors to invest in the fields of construction.” Meanwhile, the National Investment Commission has received proposals to […]