Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
By John Lee. Al-Ekhwa Al-Nubalaa for General Trading & Contracting Limited has won a contract with the United Nations Secretariat for the "rehabilitation of 60 War Damaged Houses in Al Asry Neighboorhood, Baiji District, Salah Al Din Governorate." The contract is valued at $157,815, and is scheduled to be completed by 7th July 2022. (Source: […]
The IBBC Iraq conference at the Mansion House - meeting at a most important time for Iraq - Tuesday 24 May After a two-year absence, IBBC is back at the Mansion House hosting its Iraq conference on Tuesday May 24th focusing on finance, energy and sustaining economic growth in Iraq. The country stands at another pivotal moment with […]
By John Lee. The Kurdistan Regional Government (KRG) has reportedly awarded a six-month contract to conduct for a rail feasibility study to a Spanish company. Sources did not name the company, but said the cost of the report would be $2.6 million. The project will examine the feasibility of linking the border-crossings of Ibrahim al-Khalil […]
By John Lee. Bayar Company Ltd. has won a contract with the United Nations Secretariat for the "construction of 32 low-cost housing units in Tal Banat, Sinjar district, Ninewa." The contract is valued at $449,323. (Source: UNGM)
By John Lee. Turkish building company Polikon is to start work on a new airport in Anbar. The Governor of Anbar, Dr. Ali Farhan Al-Dulaimi, handed over the land designated for Anbar International Airport to representatives of the company on Thursday, according to a statement from Anbar Governorate. Work on the first phase of the […]
By John Lee. The Iraqi Cabinet has approved a plan to expand Diwaniya Refinery. According to details released from the cabinet meeting this week, capacity at the plant will be increase to nearly 70,000 barrels per day (bpd), (Source: Govt of Iraq)
The KfW Development Bank [Kreditanstalt für Wiederaufbau] and UNOPS signed an agreement to support the conflict-affected communities in Anbar governorate and Sinjar district in Ninewa governorate in Iraq. With a total support of 35 Million EUR from the Federal Republic of Germany, through the KfW Development Bank, UNOPS will undertake the rehabilitation of war-damaged shelters […]
WFP launches solar energy solution for youth project with University of Sulaymaniyah The United Nations World Food Programme (WFP) has helped provide a new solar power system for the Career Development Centre at the University of Sulaymaniyah. The solar energy provided now effectively meets the electricity gap during power cuts or shortages, enabling seamless support […]
By John Lee. Mashareea Al-Taqa Company for Contracting and General Trading has won a contract with the United Nations Secretariat for the "construction of 11 core housing units in Baaj district, (Tel Uzair complex), Ninewa Governorate." The contract is valued at $188,710.20. (Source: UNGM)
By John Lee. Bab Al Karama for General Contracting Ltd. has won a contract with the United Nations Secretariat for the "provision of renovation and extension of Al Lateef primary school in Al Bohishma, Yathrib sub-district, Balad district, Salah al Din Governorate." The contract is valued at $49,087. (Source: UNGM)
Belgium renews commitment to stabilization with new €1.4 million contribution The Government of Belgium has contributed an additional €1.4 million (US$ 1.6 million) to the Funding Facility for Stabilization (FFS). The critical funding will support stabilization efforts implemented by the United Nations Development Programme (UNDP) across Iraq's five governorates in Anbar, Diyala, Kirkuk, Ninewa and […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq struggles to overcome housing crisis According to Abdul-Zahra Al-Hindawi, a spokesperson for the Ministry of Planning, the country needs 2.5M additional housing units. The full report can be viewed here (registration required).
