Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
By Nadim Kawach, for Arabian Gulf Business Insight (AGBI). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Assad's fall spurs calls to revive Iraq-Syria oil pipeline The overthrow of the former Syrian president, Bashar Al-Assad, has brought calls for the revival of the now-defunct […]
By John Lee. Al-Fityan Company For General Contracts Ltd has won a contract with the United Nations Office for Project Services (UNOPS) for the "Construction of 36 housing units in Fallujah district Anbar." Contract value is stated as $961,900. (Source: UNGM)
By John Lee. Prime Minister Mohammed S. Al-Sudani inaugurated the City of Refineries Housing Complex in Baiji District, Salah al-Din Province, on Thursday. The complex includes 1,178 residential units that have been rebuilt after being destroyed by ISIS terrorist groups. The Prime Minister said the city has been fully restored with complete services and infrastructure, […]
By John Lee. Baher Alshamal Co. Ltd. has won a contract with the United Nations Office for Project Services (UNOPS) for the "Construction of 30 housing units in Sinjar (Hardan and Dahoula villages) [Ninewa]." Contract value is stated as $794,313. (Source: UNGM)
By John Lee. Iraqi Prime Minister Mohammed S. Al-Sudani has inaugurated several oil sector projects in Baiji District, Salah al-Din Province, on Thursday: The fourth and fifth oil refining units at Al-Siniyah Refinery in Salah al-Din Province, each with a capacity of 10,000 barrels per day, increasing the oil refinery's total capacity to 50,000 barrels […]
By John Lee. Al Sadear National Co. For Contracting Ltd. has won a contract with the United Nations Assistance Mission for Iraq (UNAMI) for "Engineering Design and Construction." Contract value is stated as $700,549.54. (Source: UNGM)
By John Lee. The Iraqi Ministry of Trade has signed an agreement with Switzerland's Bühler and Egypt's Samco to construct five state-of-the-art grain silos, each with a storage capacity of 60,000 tonnes. The silos will be built in Kirkuk, Anbar, Wasit, Najaf, and Muthanna, as part of the ministry's infrastructure development plan. Minister Atheer Daoud […]
By John Lee. Kuwait-based Safir Hotels & Resorts has announced its entry into Iraqi Kurdistan with a new 5-star hotel in Erbil. The management contract was officially signed between Hariri Building & Contracting Co. HARCO Offshore, the hotel's owning company, represented by Mr. Mostafa Al-Hariri, Chairman of the Board, and Safir International Hotels & Resorts, […]
By John Lee. The Iraqi Cabinet has approved the Ministry of Oil's proposal for the construction of the Basra-Haditha oil pipeline, with a capacity of 2.25 million barrels per day. Key decisions include: Contract Approval: Endorsed a 5.97225 trillion dinar [$4.5 billion] contract between Basra Oil Company (BOC) and State Company for Oil Projects (SCOP), […]
By John Lee. Iraq's National Development Plan (NDP) 2024-2028 has finally been released. The plan was a collaboration between the United Nations Development Programme (UNDP) and Iraq's Ministry of Planning with the support of the United States Agency for International Development (USAID). Launched (sic) to great fanfare back in August, the plan has been kept […]
By John Lee. Iraq's Minister of Transport, Razzaq Muhibis Al-Saadawi, has announced progress on the Development Road Project, emphasizing that following the completion of detailed designs, the project will be presented to major international companies for investment opportunities. Key Progress Milestones: Completion of Preliminary Designs: The Ministry has finalized 100% of the preliminary designs for […]
By John Lee. Minister of Transport, Razzaq Muhibis Al-Saadawi, announced a detailed strategy to revitalize Iraq's railway network, emphasizing the ministry's commitment to restoring and upgrading its infrastructure. Key Developments in Iraq's Railway Network: Reopened Lines After Long-Term Closures: Baghdad-Fallujah Line: Reopened after a 5-year suspension. Silo Al-Sharqat Line (Mosul): Reopened after 30 years of […]
