Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
By John Lee. The Iraqi Cabinet has approved recommendations to transform Al-Rashid Camp in Baghdad. Plans include the development of a second Medical City at the Al-Rasheed Military Hospital, to include an air base, in addition to the provision of new green spaces. The lands of Al-Rashid Camp will be re-allocated to the Municipality of […]
By John Lee. The Prime Minister of Iraq, Mr. Mohammed S. Al-Sudani, has held a meeting to discuss the new Sadr City project, which aims to address the problem of overpopulation in Sadr City. The project will be built on a total area of 4,000 dunums (400 hectares). Full statement from the Media Office of […]
By John Lee. The Iraqi Jordanian Company for Industry, a joint venture set up by the Jordanian and Iraqi governments, has invited local and international companies to view the tender documents related to the development of the joint "Economic City" project (i.e. Free Zone) between Jordan and Iraq. The new zone will be built on […]
By John Lee. The Prime Minister of Iraq, Mr. Mohammed S. Al-Sudani, met with members of the Parliamentary Investment and Development Committee to discuss laws and legislations that support the investment sector in the country. Al-Sudani said the Grand Faw Port and the Iraq-Turkiye railway line [Dry Canal project] as pioneering investment projects that could […]
By John Lee. The Chairman of the Kurdistan Investment Board (KIB) has met with the German companies Martin Rose GmbH and HG Gruppe to discuss investment projects in road and railway construction. According to the KIB, both companies have experience in constructing high bridges, roads, and railways in Europe, Africa, and the Middle East, and […]
By John Lee. The Minister of Transport in Iraq, Razak Muhibis Al-Saadawi [Razzaq Muhibis Al-Saadawi] has held a meeting with Italian consulting company Progetti Europa & Global S.p.A. (PEG), along with representatives from Turkiye, to discuss the "Development Road project", also known as the "dry canal project". The project will link Iraq's Grand Faw port, […]
By John Lee. Iraq's General Company for Electric Power Production has signed a contract with the Chinese company Shanghai Electric for the construction of a combined-cycle power plant for the Mansouriya gas power station. According to the Ministry of Electricity, the deal is part of the Sino-Iraqi framework agreement and will be implemented on a […]
Iraqi Transport Minister Razzaq Muhibis Al-Saadawi said his country is seriously determined to complete the construction operation of the Shalamcheh-Basra Railway, which had been stalled for years.# Speaking in his meeting with Iranian Minister of Roads and Urban Development Mehrdad Bazrpash in Tehran on Thursday, Al-Saadawi stated that the Iraqi government tries to consider the […]
By John Lee. The Iraqi Minister of Electricity, Ziyad Ali Fadel, held a meeting this week with the Saudi Export Development Authority (SEDA). Among the items discussed was the reconstruction of Baiji thermal and gas stations Nos. 1 and 2, and the possibility that these will be financed by the Saudi Export Fund. (Source: Ministry […]
By John Lee. TotalEnergies has confirmed that it will proceed with the Gas Growth Integrated Project (GGIP) in Iraq. In a statement to the markets on Wednesday, it added that QatarEnergy to take a 25-percent stake in the project. Also, in agreement with Iraqi authorities, TotalEnergies will invite the Saudi company ACWA Power to join […]
By John Lee. The United Nations (UN) Secretariat has awarded several Iraq-related contracts recently: Supply and installation of prefab unit offices for Ninewa Water Directorate and Mosul Municipality: Granted to Jibal Al-Madina co. for general contracts Ltd. Contract value $39,900; Rehabilitation of 26 Damaged Houses in Jafriyah Village, Sinjar District, Ninewa Governorate: Granted to Aswar Al-Hadhaba […]
By Charles Kennedy for the OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Oil Prices Climb As Iraq's Dispute With Kurdistan Escalates An oil dispute between the Iraqi government and the semi-autonomous Kurdistan region that also involves Turkey has escalated this week, pushing […]
