Iraq Business News brings you the latest news on developments and opportunities in Iraq’s public works.
...and it looks like it is going to get it. Iraq has lofty investment targets for the next five years. Sami al-Araji, chairman of Iraq's National Investment Commission, told Reuters: "We'd like to go ahead and shoot for $600 billion. We hope of course we can realize it, but we will be very happy if we […]
Aswat al-Iraq reports that 250 generators have arrived in Maysan [Missan] to improve the power network in the province. “Fifty generators arrived in Missan on Friday (Oct. 15) as part of the Iraqi government’s $100-million grant to the province,” Hussein Aziz, media spokesman for the Missan electricity department, told Aswat al-Iraq news agency. “The province […]
Speaking to AKnews on Friday, Kirkuk Council member Ahmad Askari said Kirkuk's budget for 2010 was 121 billion Iraqi Dinars ($103 million), but so far only $34m has been spent on providing services; according to the provincial councils' law the reminder should be returned to Baghdad, if not spent. "It is unlikely that the province […]
Erbil's Deputy Governor said on Saturday that they plan to construct two new overpass projects along with underpasses to ease the traffic in the north of the city. The two projects are intended for the Kaka Ziyadi Koya and Zober Bilal intersections in Erbil, Tahir Abdullah told AKnews, adding that many cars loaded with university […]
The European Union (EU) will open a representative office in Erbil in the near future, an EU official said on Tuesday. The European Union Chief of the Judicial Development Program, Michael Kassan, told AKnews that the Union has requested authorization from officials in the Kurdistan Region and Baghdad to open a representative office in the […]
The director of the Iraqi Ports Directorate objected to the Iraqi Municipalities Ministry’s decision to close Maaqal port, 10 km north of Basra city, according to a report from AKnews. Salah Khudair Abboud told AKnews that this decision is unfair since the Maaqal port receives more than 10 commercial ships each day. "The Directorate will […]
An adviser tp the outgoing Iraqi government said on Monday that a high commission to support food security in the country has been formed to alleviate the suffering of Iraq’s poor. Arif Mohammed told AKnews that the outgoing Iraqi government formed the commission that includes the Health, Labour, Social Affairs, Finance and Commerce ministries. "The […]
The Ministry of Construction and Housing (MoCH) in Iraq marked World Habitat Day by launching the Iraq National Housing Policy in a ceremony held in Baghdad. The policy will respond to housing needs in Iraq and ensure the right of housing and adequate shelter is granted to all people in Iraq. Iraq’s housing shortages stand […]
On Wednesday, a local company began work on the biggest drinking water project in Basra, a local official said. “A local company started today to implement the al-Khatwa water project, the biggest drinking water project in the al-Zubeir district in Basra,” Abbas Rasham, the district’s mayor, told Aswat al-Iraq news agency. “The project will contribute […]
The U.S. Agency for International Development (USAID) has outlined proposals in its request for bidders for a $180 million contract to set up civil service laws and regulations, and to create local institutions to deliver services to the population. The four-year program is called the "Iraq National and Provincial Administrative Reform Project". Applications are to […]
UNESCO has launched a scientific survey of Iraq’s groundwater in an effort to improve the government's ability to address water scarcity in the country. Iraq is currently facing severe water shortages across most parts of the country, with over 7.6 million Iraqis lacking access to safe drinking water, and an agriculture sector suffering from years […]
A second tranche of a World Bank loan to Iraq, amounting to $741 million [890 billion Iraqi dinars], will be allocated for the improvement of the country’s electricity sector, an Iraqi academician and economist said on Sunday. “The agreement between Iraq and the World Bank offered Iraq a $3.6-billion credit, the first tranche of which […]
