Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
Launch of the Joint Coordination Forum (JCF) in Basra: A Collaborative Milestone for Sustainable Development and Climate Resilience in Iraq H.E. Mr. Asaad Al-Aidani, Governor of Basra and Mr. Ghulam Mohammad Isaczai, the Deputy Special Representative of the Secretary-General, Resident Coordinator, and Humanitarian Coordinator (DSRSG/RC/HC) have launched the Joint Coordination Forum (JCF) in Basra. The […]
By John Lee. A subsidiary of the Iran-backed Popular Mobilization Forces (PMF), described as "The General Engineering Company", signed a memorandum of understanding yesterday (Thursday) with the China Machinery Engineering Corporation (CMEC). According to a press release from the PMF, the memorandum covers cooperation in various fields including construction engineering, trade, services, and energy projects, […]
By John Lee. The National Investment Commission (NIC) has announced an extension of one month for tenders to build two major projects in Iraq. The closing dates for applications for both the Baghdad Metro and the Najaf-Karbala Metro have been extended from 12th March 2024 until 12th April 2024. (Source: NIC)
By John Lee. UNHCR, the UN Refugee Agency, has said that in 2023 it built, rehabilitated or equipped five public healthcare centres in Iraq. It said it also built or rehabilitated fifteen public schools and completed 27 infrastructure projects. More here. (Source: UNHCR)
By John Lee. Iraqi Prime Minister Mohammed Shiaa Al-Sudani laid the foundation stone for the Al-Ghazlani City housing project in Nineveh on Monday morning. The city, the second to be built as part of an initial phase of five cities, will comprise 28,000 housing units over 4,800 hectares. The second phase will see 11 residential […]
Joint Programme Launched to Stimulate Decent Work and Affordable Housing in Iraq A multi-partner programme to foster decent work opportunities for Iraqi youth and addressing the need for affordable housing, especially among lower-income and vulnerable populations was launched in Baghdad today. The European Union (EU) has provided 20 million Euros to the United Nations Human […]
By John Lee. Iraq's Ministry of Water Resources has announced the selection of locations for "over 36" (sic) dams for water harvesting across Iraq. The ministry emphasized the intensive attention given to this project by Prime Minister Mohammed Shiaa Al-Sudani. According to the Director-General of the General Authority for Dams and Reservoirs at the Ministry, […]
By John Lee. On Thursday, Prime Minister Mohammed Shiaa Al-Sudani received a delegation from the Turkish company Limak, specializing in transportation and construction projects, led by the company's founder, Mr. Nahad Ouzdemir. During the meeting, the Prime Minister highlighted the investment and developmental opportunities for the company to contribute to Iraq, particularly in infrastructure, transportation […]
By John Lee. Prime Minister Mohammed Shiaa Al-Sudani presided over the signing of a memorandum of understanding between the National Investment Commission (NIC) and South Korea's Hanwha to resume work on Bismayah City residential development. The visit on Monday morning included a meeting with residents, where their feedback on provided services was heard, prompting directives […]
The KfW Development Bank and UNOPS signed a new agreement to support the conflict-affected communities and to enhance their access to basic public services in Anbar and Sinjar, Iraq. With the support from the Federal Republic of Germany, through KfW Development Bank, UNOPS will rehabilitate war-damaged shelters and basic community infrastructure such as water and […]
By John Lee. A Turkish company is reported to have won a contract to manage Maysan Hospital. The company was not named, but Health Minister Saleh al-Hasnawi told state-run Iraqi News Agency (INA) that an additional three companies will be contracted with to manage other hospitals across the country. He added that the Ministry of […]
By John Lee. Prime Minister Mohammed Shiaa Al-Sudani received representatives from the Chinese company China Railway, which is implementing the development project of Al-Nesoor Square in central Baghdad, as part of the first package of projects aimed at alleviating traffic congestion in the capital. During the meeting, attended by several advisors to the Prime Minister, […]
