Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
By John Lee. Local sources in Iraqi Kurdistan have said that one of the region's most prominent business leaders was killed in last night's attack by Iran's Islamic Revolutionary Guard Corps (IRGC) on targets in Erbil. In a statement on X (formerly Twitter), the Kurdistan Democratic Party's (KDP) Foreign Relations Office said: "Initial reports indicate […]
By John Lee. The Iraqi Cabinet has approved the allocation of a 433-donum plot of land for the Dhi Qar Reconstruction Fund. The land, part of the Tourist City of Ur, will facilitate the completion of designated projects. Additionally, approvals include: Transferring ownership of property near Imam Hussein Street to the local administration in Dhi […]
By John Lee. Iraqi Prime Minister Mohammed Shia Al-Sudani has inaugurated the new Ya Hussain road in the center of Nasiriyah, Dhi Qar Province. The road, part of the Thi Qar Reconstruction Fund, consists of two segments: The first, spanning 3 km, features four main and service lanes, central islands, green spaces, and seating areas. […]
By John Lee. Iraq's Minister of Industry and Minerals, Dr. Khaled Batal Al-Najm, has ordered the doubling of cement production to meet the rising demand for essential construction materials. According to a statement from the Ministry, this surge in demand is driven by ongoing infrastructure projects and the government's plan to build fully serviced residential […]
By John Lee. Iraq's Cabinet has endorsed the Energy Council's recommendation to contract with Sama Baghdad and United Aras for the expansion of the gas-powered Haidariya Power Station. According to a statement following Tuesday's cabinet meeting, Iran's MAPNA Group will bear full responsibility for material provision and contract execution, "deviating from regulations based on the […]
By John Lee. In a meeting with the Chinese Ambassador to Iraq, Tsui Wei, and the economic trade advisor Shu Chun, Iraq's Acting Parliament Speaker, Mohsen Al-Mandalawi, discussed bilateral relations and ways to enhance cooperation across various sectors. Al-Mandalawi expressed full parliamentary support for facilitating the operations of reputable Chinese companies within Iraq. He called […]
By John Lee. Iraqi Prime Minister Mohammed Shia Al-Sudani has led the fifth meeting of the High Committee for Reconstruction and Investment, at which several housing projects were approved in various provinces. During the meeting, authorization was granted to the Ministry of Construction, Housing, and Municipalities to negotiate with the executing company for the Housing […]
By John Lee. Baghdad Municipality has announced the building of six significant bridges in the capital, after completing the first phase of decongestion projects. Director-General of the Projects Department at the Baghdad Municipality, Qadhan Al-Waeli, told the state-run Iraqi News Agency (INA): "The Projects Department contributes on multiple fronts to alleviate congestion, opening new roads, […]
By John Lee. Ummet Al Salam Co. Ltd. For General Trading & Contracting has won a contract with the United Nations Office for Project Services (UNOPS) for the "Construction Contract for Small Works - Rehabilitation of one road in Ana district, Anbar." The contract is valued at $942,820. (Source: UNGM)
By John Lee. The United Nations (UN) Secretariat has awarded Rubar Company for General Contracting Ltd a contract for the "Supply and installation of equipment for (50) rehabilitated houses in Solagh area, Sinjar, Nineveh." The contract value is $19,150. (Source: UNGM)
By John Lee. The United Nations (UN) Secretariat has awarded Bab Al Karama for General Contracting Ltd. a contract for the "Supply and installation of Solar and firefighting System for the marketplaces project, Sinjar." The contract value is $18,547.50. (Source: UNGM)
By John Lee. Abeer Alshimal Company For General Contracting Ltd. has won a contract with the United Nations Office for Project Services (UNOPS) for the "Rehabilitation of 56 War Damaged Shelters in Ana & Haditha." The contract is valued at $295,593. Under the same reference, UNOPS granted Al-Fityan Company For General Contracts Ltd a contract for […]
