Iraq Business News brings you the latest news on developments and opportunities in Iraq’s public works.
The Iraqi Electricity Ministry is seeking to increase electricity production to 10,000 MW during the next 3 years," the Director of the Planning & Studies Department at the Electricity Ministry said on Monday. "The Ministry has developed a plan parallel to the Investment Plan and presented it to investors in the electricity sector to implement […]
Kirkuk's Governor, Abdulrahman Mostafa, met with representatives of a US consortium on Sunday, investing in the fields of petroleum, refineries, prefab construction and cell phones, and discussed with them a project to produce electricity through waste incineration, a local official said. “The U.S. investors briefed the Kirkuk officials on the nature of their work and […]
Iraq needs to spend more than $1 billion a year to develop its water sector in the coming years as the war-battered country grapples with water shortages, Iraq's minister for water resources said on Sunday. Iraq has spent $1 billion each year since 2007 for water projects with funding from the government as well as […]
The Spokesman of Kurdistan Electricity Ministry declared that the completion of Dohuk's power generating station will cover the power requirements of Kurdistan. Dohuk's 500 megawatt power generating station is comprised of four units, each producing 125 megawatts, Diyar Baban told AKnews on Thursday One of the units is expected to be ready by the end […]
The Iraqi water expert Mohammad Hnedy announced today that the Water Resource Ministry (WRM) plans to establish 32 water dams, according to a report from AK News. The first stage of the designs are already completed. “There is a concern that the project might cause tensions among the provincial governors and political leaders in Iraq,” […]
A delegation from Muthanna Province has arrived to Sulaimaniyah to get acquainted with the latest developments in the Kurdistan Region, the Sulaimaniyah Press Secretary reported on Wednesday. "The delegation, headed by Ibrahim Suleiman, visited Sulaimaniyah, in order to see the latest developments in the Kurdistan Region," Twana Ali Kamal said. They visited the Bazyani cement […]
"The Iraqi government will take new procedures to combat drought in Iraq. It will launch a new initiative to control the drought and support the agricultural initiative that started last year", a source in the Iraqi government said on Tuesday, as reported by AK News. "There is a fear that the water levels in Tigris […]
The Baghdad Mayoralty has allocated ID60 billion ($50m) on Tuesday to improve sewerage systems in the Iraqi capital. “The amount will be funded from the 2010 budget for the development of regions,” the mayoralty said in a press release received by Aswat al-Iraq news agency.
There are obstacles that curb the execution of the Karbala-Anbar railroad, a member of the Karbala Provincial Council said on Monday. “The railroad passes through an archeological site between the two provinces,” Hussein Shadahan told Aswat al-Iraq news agency. He added that the Iraqi Transportation Ministry originally approved the project around four months ago. (Source: […]
A consortium of Turkish firms is negotiating with the authorities in the southern Iraqi Province of Missan for the construction of a 500-megawatt power plant, according to a report from Azzaman News Agency. Governor Mohammed al-Sudani said the talks were in an advanced stage and that representatives from the Turkish consortium were currently discussing the […]
The Acarsan Group, based in Gaziantep, Turkey, is set to complete the construction of five new hospitals in Iraq and hand them over to the Iraqi Health Ministry by the beginning of 2012, according to a report in Today's Zaman. In partnership with the Universal Hospitals Group network of Turkey, Acarsan won a recent tender […]
China's Xinhua News Agency is so far the only source to report on Iraq's new five-year National Development Plan (NDP), announced on Sunday. The plan targets annual economic growth of 9.4 percent and attempts to cut unemployment. The country's 2010-2014 NDP was announced in a televised event in Baghdad attended by top Iraqi officials, including […]
