Iraq Business News brings you the latest news on developments and opportunities in Iraq’s public works.
The Maysan [Missan] Provincial Council allocated more than $42 million [49 billion Iraqi dinars] for the development of the province’s marshlands for 2011, a local official said on Thursday. “The ministry of state for the marshes’ affairs have allocated the sum of 49.900 billion dinars to set up service projects in the eastern and western […]
Iraq's Ministry for Electricity has confirmed the extension of bidding by international companies to invest in four electricity stations for an additional 40 days. The Ministry's press officer, Musaab al-Mudarris, said that the ministry will study offers in order to choose the best of them to install stations in four areas: "Basra, Amara, Simawa, and […]
Members of Parliament from Iraq’s al-Ahrar (Liberals) Bloc has demanded that the Parliament holds a special session to discuss the problem of electrical power, according to a statement carried by Aswat al-Iraq. “We demand the Parliament’s chairmanship to add the issue of the electric power on the schedule of the Parliament for next session, in […]
Following on from our listing on Monday of the main cabinet positions, we present a more complete line-up below, compiled from information sourced from Iraq Oil Report and Reuters. The official website of the Iraq cabinet has not published the official list, and has chosen instead to lead with an article about the importation of […]
Aswat al-Iraq reports that projects financed by a US$90 million credit line from the World Bank have been implemented in Iraq. The projects include the construction of several roads in southern Iraq’s Wassit and Najaf Provinces, construction and rehabilitation of 10 main roads and 4 bridges in western Iraq’s Babel and southern Iraq’s Muthanna provinces. […]
Italian oil company ENI plans to invest in Basra province in the fields of economy, science, and sport. Basra's Governor says the company dedicated about $ 5 Million to implement several projects to enhance relations with Basra and its citizens, he added that the company is ready for real investments in agriculture and cattle projects, […]
As we predicted in our report last week, Iraq's acting Electricity Minister, Hussain al-Shahristani, asked investors on Saturday to compete to build four new power plants to help the country meet it increasing electricity demands. According to Bloomberg, the Minister promised a healthy profit for the winners. At a meeting of 33 local and international […]
Iraq's Ministry of Electricity as issued a tender for the supply of medium voltage power cables. The closing date for receipt of bids is 22nd December. Please click here and here to download details.
Basra's Governor, Shaltagh Aboud, signed a contract with France’s Schneider Electric on Tuesday, to build 8 power plants in the province at a reported cost of $29 million. “The projects will be implemented in cooperation with an Iraqi partner in various areas in Basra,” a media source told Aswat al-Iraq news agency. (Source: Aswat al-Iraq) […]
The Iraqi government has asked for bids to build four large power plants in southern Iraqi governorates that could boost its power generating capacity by 2,750 megawatts, a spokesman for the electricity ministry, Mussab al-Mudaris, said on Monday. "The ministry will announce provisions of new tenders to build four gas power stations during a roadshow […]
The development of Halfaya oilfield in southern Iraq’s Maysan province shall insure enough gas for Kahla’a power station, according to the Director-General of Missan Oil Company, who said that the gas produced from the oil field would exceed 60 million cubic feet. “The development of the Halfaya field shall secure the needs of the Kahlaa […]
Najaf's provincial council confirmed that it has been given final approval to get a loan of ID 47 Billion [$40m] for the province to buy new electricity generators to be run by Najaf's citizens. A source in the province told the National Media Center that generators will be distributed to jobless citizens with guaranties to […]
