Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
By John Lee. Prime Minister Mohammed Shia al-Sudani announced the start of the second phase of the Hilla Sewer Project, with a budget of $287 million, during a visit to the Babil province on Thursday. While on a field tour, the prime minister reviewed the progress of the first phase and emphasized the importance of […]
By John Lee. Iraqi Minister of Transport, Razzaq Mohibis Al-Saadawi, met with a Turkish delegation at the Ministry of Transport on Thursday to discuss the latest updates on the Development Road project. According to a ministry statement, the minister welcomed the Turkish delegation, led by Burak Ikan, Director General of International Relations at the Turkish […]
By John Lee. Aswar Al-Hadhaba General Trading, Contracting and Transportation has won a contract with the United Nations Assistance Mission for Iraq (UNAMI) for, "Rehabilitation and Extension of Existing Irrigation Channels." The contract is valued at $800,000. Potential end date is Friday, July 5, 2024. (Source: UNGM)
By John Lee. Reband Company For General Contracting has won a contract with the United Nations Assistance Mission for Iraq (UNAMI) for, "Car Parking and Transport Workshop Facilities Improvement Project at UNAMI Compound." The contract is valued at $166,956. Potential end date is Thursday, August 1, 2024. (Source: UNGM)
By John Lee. The General Company for Iraqi Cement, a subsidiary of the Ministry of Industry and Minerals, reported a 22-percent increase in production in the first quarter of the current year compared to the same period in 2023. Director General Haider Hadi Ali stated the company produced 2,356,975 tons of cement across its plants […]
By John Lee. The Iraqi Cabinet has approved several measures related to the Development Road project. These include authorizing the Ministry of Transport to contract with the US consulting firm Oliver Wyman for advisory services, bypassing government contract execution rules. The project is exempt from certain investment project registration requirements. The investment company will reimburse […]
By John Lee. The General Company for Iraqi Cement, a subsidiary of the Ministry of Industry and Minerals, has announced that the Basra Cement Plant has achieved its design capacity with an annual production of 600,000 tons. According to a statement from the Ministry of Industry, the plant has the ability to increase its capacity […]
By John Lee. UAE-based company ARJ Holding LLC has signed a contract to establish a compound fertilizer production project in Baiji, Salah al-Din province. According to a statement from the Office of the Prime Minister, the facility will have an annual production capacity of 249,000 tons of various compound phosphate fertilizers. It will make di-ammonium […]
By John Lee. Iraqi Prime Minister Mohammed Shia' Al-Sudani inaugurated the first phase of the Continuous Casting Plant at the General Company for Steel Industries in Taji, north of Baghdad, on Wednesday. The plant, which has been rehabilitated, modernized, and operated, has a production capacity of 600,000 tons annually. It specializes in melting and casting […]
By Sarhang Hamasaeed, for the United States Institute of Peace (USIP). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Baghdad Is Ready for a New Chapter in U.S.-Iraq Relations Prime Minister al-Sudani's visit shows Iraq wants to move beyond security and needs U.S. […]
By John Lee. Iraqi Prime Minister Mohammed Shia Al-Sudani and Turkish President Recep Tayyip Erdogan signed a strategic framework agreement on Monday in Baghdad, establishing a roadmap toward a comprehensive economic partnership between the two countries. The ceremony also saw the signing of several memoranda of understanding (MoUs) and agreements in various fields and sectors […]
By John Lee. The Iraqi Ministry of Planning announced the signing of four contracts to implement service projects in several villages in the Erbil and Karbala provinces as part of the 2024 plan of the Social Development Fund. According to the Ministry's statement, new contracts were signed in April for a series of projects in […]
