Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
By John Lee. Turkish Transport Minister Abdulkadir Uraloglu (pictured) has reportedly said that the Turkish leg of the Development Road Project, connecting Asia and Europe through Turkey and Iraq, will cost $19.9 billion. Anadolu Agency quotes him as saying that the railway component will amount to $17.9 billion, and involve the construction of 1,028 miles […]
By John Lee. The US Agency for International Development (USAID) has announced a $20 million investment over four years to enhance water and sanitation services in Iraq, benefiting 2.5 million people across five governorates: Maysan [Missan], Diwaniyah, Ninewa, Baghdad, and Erbil. Implemented by the United Nations Children's Fund (UNICEF) under the Government of Iraq's leadership, […]
By John Lee. Prime Minister Mohammed S. Al-Sudani has officially opened 790 model schools across Iraq via video conference, part of the 1,000-school project under the China-Iraq agreement. With modern designs, these schools aim to reduce overcrowding and eliminate triple-year classes. The remaining 210 schools are expected to be completed within two months. Contracts for […]
By John Lee. Prime Minister Mohammed S. Al-Sudani met with representatives from Oliver Wyman to review key principles of the economic model for the Development Road Project. Discussions highlighted competitive advantages and governance strategies, focusing on both short-term and long-term frameworks. The meeting emphasized aligning the project with global advancements in governance and Iraq's vision […]
By John Lee. Iraq's National Investment Commission (NIC), in collaboration with the Ministry of Construction, Housing, and Public Municipalities, invites investment proposals for: the new Peace City in Najaf Governorate This project spans 3,912 dunams and offers four investment opportunities of equal area. Interested investors must purchase the investment portfolio for 30 million Iraqi dinars […]
By John Lee. Iraq's National Investment Commission (NIC), in collaboration with the Ministry of Construction, Housing, and Public Municipalities, invites investment proposals for: the new Al-Mutanabbi City in Wasit Governorate This project spans 5,000 dunams and offers five investment opportunities (5x 1000 donums). Interested investors must purchase the investment portfolio for 30 million Iraqi dinars […]
By John Lee. Iraq's National Investment Commission (NIC), in collaboration with the Ministry of Construction, Housing, and Public Municipalities, invites investment proposals for: the new Ur City in Dhi Qar Governorate This project spans 4,000 dunams and offers four investment opportunities (4x 1000 donums). Interested investors must purchase the investment portfolio for 30 million Iraqi […]
By John Lee. Iraq's National Investment Commission (NIC), in collaboration with the Ministry of Construction, Housing, and Public Municipalities, invites investment proposals for: the new Al-Majar Al-Kabir City in Maysan/Missan governorate. This project spans 2,299 dunams and offers two investment opportunities. Interested investors must purchase the investment portfolio for 30 million Iraqi dinars and review […]
By John Lee. Iraq's National Investment Commission (NIC), in collaboration with the Ministry of Construction, Housing, and Public Municipalities, invites investment proposals for: the New City of Balad in Salah al-Din Governorate This project spans 804 dunams and offers a single investment opportunity. Interested investors must purchase the investment portfolio for 30 million Iraqi dinars […]
By John Lee. Iraq's National Investment Commission (NIC), in collaboration with the Ministry of Construction, Housing, and Public Municipalities, invites investment proposals for: the development of Al-Warka New City in Al-Muthanna Governorate. This project spans 356 dunams and offers a single investment opportunity. Interested investors must purchase the investment portfolio for 30 million Iraqi dinars […]
By John Lee. Prime Minister Mohammed S. Al-Sudani met the Turkish Minister of Trade, Mr. Omer Bolat, in Baghdad on Monday. The Minister is visiting Iraq with a delegation of approximately 150 businesspeople from the Turkish Exporters Assembly and the Turkish Contractors Association. The visit includes stops in Baghdad and Basra as part of a […]
By John Lee. The Japan International Cooperation Agency (JICA) signed a $388-million loan agreement with Iraq on Sunday, to provide Japanese ODA loan for the sixth phase of the Basrah Refinery Upgrading Project. In a statement, JICA said: "This project aims to improve the quality and productivity of petroleum products, reduce the supply-demand gap, decrease […]
