Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
By John Lee. Alfityan Co. for Contracting Ltd has won a contract with the United Nations Development Programme (UNDP) for the "Replace water networks (110-160-225) mm of Hay Alaskari in Kanan sub-district-Diyala-Iraq" Contract value is stated as $249,033.22. This is the second contract awarded by the UNDP to Al-Fityan in recent days, with the company […]
By John Lee. Dhilal AL-Majd has won a contract with the United Nations Development Programme (UNDP) for the "Rehabilitation Housing Works of 36 units in Baiji District / Salah Al-Deen." The rehabilitation work includes civil, sanitary, electrical works and PV-Solar Package. Contract value is stated as $173,556. (Source: UNGM)
By John Lee. Alturath Al-areeq for General Contracting Co. Ltd has won a contract with the United Nations Development Programme (UNDP) for the "Rehabilitation of AlBojelly C.U 200 m3 /hr. in Yathrib-Salahdien Governorate." The basic scope includes civil and mechanical works. Contract value is stated as $184,885.79. (Source: UNGM)
By John Lee. The Iraqi Prime Minister's Advisor for Transport, Nasser Al-Asadi, has announced the completion of route designs for the Baghdad Metro project, estimated to cost $18 billion. Speaking to the state-run Iraqi News Agency (INA), Al-Asadi highlighted the project's scale, noting collaboration with Baghdad Municipality to finalize financial arrangements with investors. The project […]
By John Lee. In a ceremony at Iraq's giant Al Faw Grand Port in Basra on Thursday, South Korea's Daewoo has handed over five new berths to the Iraqi state. The port is a key part of the planned Development Road project, which will connect the Persian Gulf with the Mediterranean Sea via Iraq and […]
By John Lee. Dr. Haider Mohammed Makiyya (pictured), Chairman of Iraq's National Investment Commission (NIC), has announced the country's first "Real Estate Developer" program aimed at providing affordable serviced residential plots for citizens, in partnership with the private sector. According to a statement from the NIC, this initiative aligns with government plans to alleviate the […]
By John Lee. Iraq's Minister of Industry and Minerals, Dr. Khaled Battal Al-Najm, supervised final preparations for the Basra steel plant, expected to begin operations by the end of this year. During his on-site visit, the minister oversaw the plant's final cold start-up phases, which utilize advanced technology from Italy's Danieli Group for steel and […]
By John Lee. Alfityan Co. for Contracting Ltd has won a contract with the United Nations Development Programme (UNDP) for the "Full Rehabilitation of Albo-Baker Water Complex 200m3/h with the Pipeline and Network in Saklawiya - Falluja." Contract value is stated as $542,040.56. (Source: UNGM)
By John Lee. Iraq's Minister of Transport has announced that Türkiye has established a four-party council, including Iraq, Hungary, and Bulgaria, to advance the Development Road project's connection with Europe. Razzaq Muhaibis Al-Saadawi told the state-run Iraqi News Agency (INA) that the initial designs for railway are complete, with final designs now underway. The expressway's […]
By John Lee. The Iraqi Drilling Company (IDC) has announced the successful drilling and rehabilitation of 15 oil wells in October, part of its ongoing efforts to enhance production across Iraq's oil fields. According to a statement from the Ministry of Oil, the company drilled four new wells and rehabilitated 11 others across various fields. […]
By Dr. Zmkan Ali Saleem, Dr. Hussein Mishbak and Karam Robeil, for the Institute of Regional and International Studies (IRIS) at the American University of Iraq, Sulaimani (AUIS). The opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq Economic Review: KRG's Financial Conundrum | Iraq's […]
By John Lee. Prime Minister Mohammed S. Al-Sudani chaired a committee meeting to evaluate the progress of agreements and memoranda of understanding with Türkiye, signed during the Turkish President's visit to Baghdad in April. Key topics included water resource infrastructure projects under the Strategic Framework Agreement, emphasizing cooperation based on fairness and good neighborliness. The […]
