Iraq Business News brings you the latest news on developments and opportunities in Iraq’s public works.
By John Lee. The Iraqi Council of Ministers has approved the recommendation of the Social Services Council to award the Design, Construction, Operation, and Maintenance of the South Karbala Water Project to Shandong Shiji [Shandong Xieji Construction Engineering], a Chinese company. The project, with a capacity of 16,000 m³ per hour, is valued at 699.75 […]
By John Lee. The Kurdistan Regional Government (KRG) has given an update on the renovation of Erbil Citadel. The 6,000-year-old site was designated a World Heritage Site by UNESCO in June 2014. One of the oldest continuously inhabited settlements, with over 6,000 years of history. Covers 110,000 square meters. Includes 506 houses. Completed Work: Stone […]
By John Lee. Prime Minister Mohammed S. Al-Sudani met on Sunday with Diwaniyah Governor Abbas Shaeel Al-Zamili and Provincial Council Head Mohammed Shukheir Farhoud to discuss the administrative and service conditions in the province. The Prime Minister directed the allocation of necessary funds to support the completion of rehabilitation works in 42 neighborhoods across the […]
By John Lee. Prime Ministers Keir Starmer and Mohammed S. Al-Sudani have unveiled an ambitious £12.3 billion [$15 billion] UK-Iraq trade and investment package aimed at enhancing prosperity and bilateral economic ties. The agreement represents over a tenfold increase in trade compared to last year and underscores both nations' commitment to strategic collaboration across key […]
By John Lee. Nasrin Alyaman General Trading and Transportations has won a contract with the United Nations Development Programme (UNDP) for the "Rehabilitation of Qadisiya Compact Water Treatment Unit in Tikrit." Contract value is stated as $217,675.92. (Source: UNGM)
By John Lee. Prime Minister Mohammed S. Al-Sudani inaugurates the stone lining project for the left bank of the Tigris River along Sindbad Road in Baghdad. According to a brief statement from the Prime Minister's Office, the project was managed the Ministry of Water Resources. (Source: PMO)
By John Lee. The United Nations Development Programme (UNDP) in Iraq and the Japan International Cooperation Agency (JICA) Iraq Office have renewed their longstanding partnership, reaffirming their commitment to supporting Iraq's socio-economic development. Backed by funding from the Government of Japan (GoJ) and JICA, this partnership builds on over 15 years of cooperation with the […]
By John Lee. Araqat Al-Usool has won a contract with the United Nations Development Programme (UNDP) for the "Supply and installation of old Sumum water, Salahaldin." Contract value is stated as $462,289.29. (Source: UNGM)
By John Lee. Nasem AlNakhell Company for General Contracting has won a contract with the United Nations Development Programme (UNDP) for an "Extension water pipeline for Aqaulla village." Contract value is stated as $425,135.79. (Source: UNGM)
By John Lee. The US State Department issued its 2024 Investment Climate Statement for Iraq earlier this year. The report covers the following key areas: Openness To, and Restrictions Upon, Foreign Investment Bilateral Investment and Taxation Treaties Legal Regime Industrial Policies Protection of Property Rights Financial Sector State-Owned Enterprises Responsible Business Conduct Corruption Political and Security Environment […]
By John Lee. Prime Minister Mohammed S. Al-Sudani has launched the Baghdad Sustainable Forests Project, which will be developed on the former Al-Rashid Camp. Area: Over 1,200 hectares (approximately 4,800 dunams; 3,000 acres). Economic Impact: Expected to generate 80,000 job opportunities. Significance: First project of its kind in Iraq and the region in terms of […]
By John Lee. The US Agency for International Development (USAID) has announced a $20 million investment over four years to enhance water and sanitation services in Iraq, benefiting 2.5 million people across five governorates: Maysan [Missan], Diwaniyah, Ninewa, Baghdad, and Erbil. Implemented by the United Nations Children's Fund (UNICEF) under the Government of Iraq's leadership, […]
