Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
By John Lee. Prime Minister Masrour Barzani of the Kurdistan Region of Iraq opened the new Grand Majidi Mall in Erbil this week. The development, by Hewa Holding, promises to provide 1,700 jobs and opportunities for locals. (Source: @masrourbarzani)
By John Lee. The Korean Ministry of Land, Infrastructure and Transport will hold the 9th meeting of the Korea-Iraq Joint Committee in Seoul on June 21 (Wednesday). The Joint Committee is a joint participation of relevant ministries and agencies from Korea and Iraq, with the Korean delegation consisting of 14 ministries and 5 organizations, and […]
A new IBBC report: 'Seaports and Airports of Iraq: Rules Versus Infrastructure' Economics Professor Frank R. Gunter of Lehigh University has completed a new report on seaports and airports in Iraq, covering an analysis of the challenges and opportunities for Iraq's import and export borders. In light of the GOI's (Government of Iraq) intention to […]
On June 16th IBBC hosted it's best attended London Conference at The Mansion House yet, with over 280 delegates from Iraq, UK, and International European and Middle East countries. With an overarching theme of 'Iraq open to the world' a wide range of panels discussed Iraq's rapidly improving international position across economic indicators, political relationships, […]
By John Lee. Baher Alshamal Co. Ltd. has won a new contract with the United Nations Assistance Mission for Iraq (UNAMI) for the construction of a "Woman Shelter" in Ramadi, Anbar. The contract is valued at $217,000. (Source: UNGM)
By Simon Watkins for the OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. China Deepens Influence In Iraq With Oil-For-Infrastructure Deals A series of meetings occurred last week between senior members of the Iraqi and Chinese governments aimed at broadening and deepening the […]
By John Lee. The Kurdistan Regional Government (KRG) has taken a step towards reducing the environmental impact of waste gas and harnessing it to generate electricity from oil wells. One notable achievement is the Garmian power plant, a 165 MW station that utilises flare gas recovery from the Hasira oil wells to produce electricity. Completed […]
By John Lee. Loloat Al-Magad For General Trading & Contracting Co Ltd. has won a new contract with the United Nations Assistance Mission for Iraq (UNAMI) for the renovation and construction of "New Vehicle Workshops and Car Wash Bay at UNAMI Transport Workshop, International Zone, Baghdad". The contract is valued at $182,997. (Source: UNGM)
By John Lee. The Director of the General Company for Transportation Projects, Mr. Karim Hashem Al-Jabri, held a meeting on Saturday with the Economic Feasibility Study Committee and the Quantities Preparation Committee for the establishment of an asphalt production plant in Baghdad. In line with the directives of the Minister of Transportation, Mr. Razak Mahayb […]
You are invited to join the IBBC Tech Forum Live. Free to attend! 16th June, starting from 2:30pm BST 'The Digital Transformation of Iraq'
By John Lee. Indian engineering firm SEPC Ltd. (formerly Shriram EPC) has announced that it has successfully completed the Integrated Al Qibla Project in Basra, Iraq, for $236 million. The scope of work involved engineering, supply, and installation of primary sanitary sewer system, storm sewer system, trunk sewer system with connected pumping station and road […]
By John Lee. The Central Bank of Iraq (CBI) has reportedly been ordered to pay $13 million to Abu Dhabi-based Cardno ME (CME), relating to a dispute over the construction of its new headquarters in Baghdad. The International Chamber of Commerce (ICC)'s International Court of Arbitration is said to have made the ruling in February, […]
