Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
By John Lee. The Secretary-General of the Council of Ministers has chaired a meeting on the development the holy city of Kadhimiya, a suburb of Baghdad, which is described as "a destination for official delegations and visitors from all over the world." Dr. Hamid Naim Al-Ghazi emphasised the prioritization of projects, such as multi-storey garages, […]
By John Lee. Work has started on the construction of 40 new schools in Najaf, as part of the Chinese-funded plan to build 1,000 schools across the country. The schools will be built by the Power Construction Corporation of China (PowerChina). The Secretary-General of the Council of Ministers, the Minister of Education and the Governor […]
By John Lee. Dari Concepts LLC, Newark, Delaware, has been awarded a $10,026,228 firm-fixed-price contract for labor, materials and supplies to acquire, deliver and install security systems along the perimeter of the International Zone in Baghdad, Iraq. Bids were solicited via the internet with eight received. Work will be performed in Baghdad, Iraq, with an […]
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)
