Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
Modon and Lafarge Partner to Implement Green Cement Technology As part of Modon's continuous development and under the active agreement with Lafarge, the French company specializing in infrastructure solutions and building materials, both parties have agreed to adopt and implement green cement technology in Modon's operations. This technology is one of Lafarge's most innovative solutions, […]
By John Lee. Iraq's Cabinet has revised the sale price of asphalt to 450,000 dinars [$343] per ton, up from 350,000 dinars, applicable equally to both public and private sectors. Asphalt from the Qayyarah refinery will remain at 300,000 dinars per ton for all types, with pricing to be reviewed in four months. An 80-percent […]
By John Lee. Netherlands-based Damen Shipyards Group has successfully delivered three advanced search and rescue (SAR) vessels to Jawar Al Khaleej (JAK) in a ceremony held at Albwardy Damen in Sharjah, UAE. The handover, which took place just five months after the contract signing, includes two Damen SPi 1605 SAR class vessels and one Damen […]
By John Lee. Iraq has approved a series of infrastructure projects, focussing on the construction of roads and bridges. These projects aim to improve connectivity and support economic growth across various provinces. Key developments include: Baghdad: Preparation of studies and technical feasibility for the construction of the road (Amara - Kut - Baghdad - Kirkuk) […]
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 […]
