Iraq Business News brings you the latest news on developments and opportunities in Iraq’s public works.
By John Lee. Iraq's Minister of Housing and Construction, Mohamed Sahib al-Daraji [Mohammed Al-Deraji] (pictured), has announced the completion of a concrete bridge in Samarra, in Salahadin province. In a statement he said the bridge was 384 meters long and cost 21 billion Iraqi dinars ($18 million). (Source: Aswat al-Iraq)
By John Lee. The Special Inspector General for Iraq Reconstruction (SIGIR) has reported that U.S. Army Corps of Engineers (USACE) did not establish effective internal controls to document that goods and services paid for using DFI funds were received in Iraq. SIGIR sampled 12 DFI-funded payments, totaling about $1.1 billion, made to USACE and found that […]
Deputy Premier for Energy Affairs Hussein al-Shahristani (pictured) has opened a new 250-MW, gas-fired power station in Karbala. Sharistani said that the government is working on electricity generating stations in Babel, Karbala and Anbar provinces, while another 250-MW station will be opened in Hilla in the coming days. Iraq recently announced that it also plans […]
By John Lee. Iraq plans to invest up to $1.6 billion on renewable energy over the next three years, according to a report from Retuers. The new solar and wind power stations will to add 400 megawatts to the national grid, helping to close the gap between the 8,800 MW produced and the 14,000 MW needed. […]
By John Lee. Passavant-Roediger GmbH, a subsidiary of Dubai-based Drake & Scull, has won a contract to design and build a sludge treatment system for a wastewater plant in Kerbala. According to a report from Bloomberg, the contract is valued at about $23.4 million. Twelve sludge digesters will be installed, and the project will include […]
By Mustafa Habib. This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Despite billions in oil income, Iraq says it cannot afford to build the infrastructure citizens badly need. A draft law allows Iraq to borrow money to […]
By John Lee. Iraq signed a $14-million deal with a U.S. consortium on Tuesday to modernise the Maqal Port on Shatt al-Arab waterway. The consortium, led by North America Western Asia Holdings (NAWAH), will invest in a new heavy-lift crane as well as container handling capabilities, and will build a modern container yard in one […]
On September 25, the U.S. Government, through the United States Agency for International Development (USAID), signed a memorandum of understanding (MOU) with the Kurdish Regional Government's (KRG) of Iraq Ministries of Health and Planning supporting the KRG's efforts to improve primary health care, as called for under the U.S. - Iraq Strategic Framework Agreement. The […]
By John Lee. A spokesman from the parliamentary oil and gas committee has said that $27 billion has been spent on the electricity sector in Iraq since 2003, and that vast amounts of money have been wasted through corruption. According to AKnews, Qasim Mohammed said: "Iraqi Deputy Prime Minister for Energy Hussain Shahristani will be […]
By John Lee. An MP and member of Regions and Provinces Committee called on the Iraqi Cabinet to punish ministries who are slow in the implementation of projects. Mahdi Haji told AIN that ministries should not hold meetings to pretend to be working, and the Cabinet should punish procrastinators. He said that some ministries did […]
By John Lee. The General Secretariat for the Council of Ministers has announced that it will form a committee headed by the Minister of Sciences and Technology Dr. Abdul-Kareem Al-Samarrai, to restore the Minaret Mosque in Samarra (pictured). The Director of Samarra’ Endowments, the Director of the Province’s Antiquities, and the province's Budget Director will […]
By John Lee. Iraq's Ministry of Electricity has reportedly warned that the 2,000-MW Musayyib [Mussaib] power station may be forced to stop due to lack of fuel. Musab al-Mudares, a spokesman for the Ministry of Electricity, said that fuel tanks at the station can hold enough fuel for two weeks, but the plant may stop […]
