Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
By John Lee. Iraq's Ministry of Transport has announced that the Nasiriyah International Airport project has reached over 56% completion, with significant progress following the resolution of obstacles faced by the Chinese contractor. Key Data: Project: Nasiriyah International Airport Completion Rate: 56% Total Workers: 450 Machinery in Use: Over 120 units Main Buildings: Passenger terminal […]
By John Lee. Iraq's Prime Minister, Mohammed Shia' Al-Sudani, presided over a regular meeting of the Iraq Development Fund's Board of Directors. During the meeting, Al-Sudani emphasized the importance of the fund operating in line with international financial expectations to attract both domestic and foreign investors. He highlighted ongoing housing and school construction projects, reinforcing […]
By John Lee. Iraq's Prime Minister, Mohammed Shia' Al-Sudani, announced the country's openness to partnerships for its flagship "Development Road" project, during a forum in Baghdad titled "Development Road - Opportunities and Growth." The forum was hosted by Enki Foundation for Studies and Research. The event brought together economists, investors, and business leaders to discuss […]
By John Lee. Iraq's Prime Minister, Mohammed Shia' Al-Sudani, emphasized the importance of private sector partnerships to reduce reliance on imports and meet domestic industrial needs. On Thursday, Al-Sudani oversaw the signing of three industrial contracts with private companies to boost production in the fertilizer and chemical sectors: A 1 million ton/year urea fertilizer plant […]
By John Lee. Iraq's Ministry of Construction, Housing, and Public Municipalities has said it has made significant progress on the construction of low-cost housing units in Babylon through its subsidiary, Al-Fao Engineering Company. The project includes 480 housing units, along with service buildings such as a mosque, kindergarten, and administrative offices, as well as external […]
By John Lee. The Iraqi Ministry of Construction continues to push forward with the construction of Al-Jawahiri Residential City in Baghdad, with accelerated work on site preparation, including leveling, excavation, and soil compaction. The project, spanning 7,121 dunams [1,760 acres, 712 hectares], will feature 30,000 residential units and 10,000 serviced land plots, along with commercial […]
By John Lee. Fallujah-based Aswar Al-Dammam for General Contracting has won a contract with the United Nations Office for Project Services (UNOPS) for the "Supply of Submersible and Centrifugal Pumps and Chlorine System [in Anbar]" The contract is valued at $157,061. (Source: UNGM)
By John Lee. The Kurdistan Regional Government, led by Prime Minister Masrour Barzani, has laid the foundation for a $480 million emergency water supply project in Erbil. Set for completion within 550 days, the project aims to fully resolve the city's water shortage by treating 480,000 cubic meters of water daily and supplying 20,000 to […]
By John Lee. Prime Minister Mohammed Shia Al-Sudani has launched the construction of three projects related to additional combined-cycle units for electricity generation. South Baghdad Gas Fired Power Plant, with a design capacity of 125 MW. Implemented by China's Dongfang Electric; Mansuriyah Gas Fired Power Station in Diyala Province, with a design capacity of 362 […]
By John Lee. The Iraqi Prime Minister met on Sunday with Mr. Lorenzo Simonelli, Chairman and CEO of US-based oil services company Baker Hughes, along with his accompanying delegation. Mohammed Shia Al-Sudani reiterated the government's commitment to ensuring the company's continued presence in Iraq and encouraged its expansion through collaboration with the government and the […]
By John Lee. Prime Minister Mohammed S. Al-Sudani met on Mondat with Egypt's Deputy Prime Minister and Minister of Transport and Industry, Mr. Kamel El-Wazir, along with heads of several major Egyptian companies specializing in roads, construction, and bridges. The Prime Minister emphasized that this visit reflects the strong brotherly relationship between Iraq and Egypt, […]
By John Lee. Sinjar Future Company has won a contract with the United Nations Development Programme (UNDP) for the "Construction of Kocho Public Health Center (with solar)-Sinjar-Ninawa Governorate, Iraq." Contract value is stated as $157,000. (Source: UNGM)
