Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
By John Lee. The Saudi ambassador to Baghdad, Abdulaziz Al-Shammari (pictured), has revealed the signing of a contract between Saudi Arabia and Iraq for a significant investment project near Baghdad International Airport (BIAP). In a statement to the state-run Iraqi News Agency (INA), Al-Shammari said the contract involves an investment of up to one billion […]
By John Lee. The government of Iraq announced more details this week on its plans to create a transport corridor between the Persian Gulf and the Mediterranean Sea coast in Turkey. The 1,200-kilometer "development road project", sometimes referred to as the "dry canal project", will link Iraq's Grand Faw port, which is still under construction, […]
By John Lee. Malaysia's Pestech International, through its joint venture with China Energy Engineering Group Tianjin Electric Power Construction Co Ltd (TEPC), has won a contract is for the completion of the Electricity Sector Reconstruction Project Phase (III), Lot 1-Construction, comprising of four 132-kilovolt Gas Insulated Switchgear (GIS) substations in Baghdad. The contract value is […]
By John Lee. The Kurdistan Regional Government (KRG), in collaboration with UNICEF, has initiated the 'cooperative ponds' program, which entails providing farmers with financial and technical support to build ponds for collecting rainwater. The initiative, which aims to reduce water shortages and lessen the impact of drought, is considered a national priority. The ponds will […]
By John Lee. The Iraqi General Authority for Railways has been assigned the task of finalizing the proposed route for a significant railway project that aims to extend from the coastal areas to the southern part of the port of Khor Al-Zubayr. The authorities emphasize the importance of planning the route outside the boundaries of […]
By John Lee. Tamayouz Excellence Awards has invited architects and designers to submit their ideas to transform the underused Dakeer Island in Basra into a vibrant recreational urban destination for locals and visitors. As of now, Dakeer Island is packed with illegal settlements, wholesale and storage warehouses, and waste dumping areas. The shipyard business no […]
By John Lee. The Kurdistan Regional Government (KRG) has issued details of the Goma Span Dam, which is currently under construction in Erbil. With an area of 6.125 million square meters, it will be the biggest dam in Erbil province when completed, and the third largest in the Kurdistan Region after the Dukan and Darbandikhan […]
Man Convicted Of Torture And Exporting Weapons Parts And Related Services To Iraq A federal jury convicted a Pennsylvania man on May 19 for numerous crimes, including the torture of an Estonian citizen in 2015 in the Kurdistan region of Iraq, in connection with the operation of an illegal weapons manufacturing plant in Kurdistan. According […]
By John Lee. The Iraqi Ministry of Transport, led by Eng. Farhan Al-Fartousi, Director of the General Company for Iraqi Ports, held a meeting with the delegation from Italian consulting company Progetti Europa & Global S.p.A. (PEG), contracted with the Ministry. The meeting, attended by the Al-Faw Grand Port Authority, focused on the latest designs […]
By John Lee. Pakistan's Lucky Cement Limited has announced a major expansion of its plant in Samawah, Iraq. In a statement to the Pakistan Stock Market today (Thursday), the company said it will add a new clinker production line with a capacity of 1.82 million tons per annum (MTPA). The Najmat-Al-Samawah (NAS) facility is a […]
Dr. Mohammad Shukri Mohammad Saeed, head of the Kurdistan Region Investment Board, has made an announcement regarding housing units for low-income earners, stating that they will be ready for occupancy by the middle of next year. During an interview with the official website of the Kurdistan Regional Government, Dr. Saeed shed light on the lengthy […]
By John Lee. Canadian oil development and exploration company ShaMaran Petroleum has announced the appointment of Garrett Soden as President and Chief Executive Officer (CEO), to replace Dr. Adel Chaouch effective immediately. Mr. Soden will also join ShaMaran's board of directors. According to a statement from the company, Mr Soden has extensive experience as a […]
