Iraq Business News brings you the latest Iraq transportation news relating to developments and opportunities.
By John Lee. The Basra Gateway Terminal (BGT) at Umm Qasr has commissioned a new Gottwald ESP.8 mobile harbour crane from Finnish company Konecranes. With a 125-ton lifting capacity and a 54-meter boom, the crane can serve vessels up to post-Panamax class, according to a statement from International Container Terminal Services, Inc (ICTSI). Photo shows […]
From Kurdistan24. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq, Syria set to resume trade with new joint border crossing Hassan Sheikh, chairman of the Iraqi-Syrian Commerce Council, confirmed that Iraq has finalized its preparations and requested Syria to implement the necessary border […]
By John Lee. Iraq is set to conduct its first international transport under the global TIR transit system, marking a significant step towards trade modernisation. TIR is a global convention that streamlines procedures at borders, reducing the administrative burden for customs authorities and for transport and logistics companies. A delegation from the Swiss-based International Road […]
By John Lee. Kirkuk Governor Ribwar Taha Mustafa and Asso Mamand, Head of the Patriotic Union of Kurdistan's (PUK) Organisational Bureau, have laid the foundation stone for the Rahimawa (Al-Ikhwan) Tunnel project, under the supervision of Kirkuk Municipality. The ceremony was attended by members of the Kirkuk Provincial Council, advisors, directors of government departments, and […]
By John Lee. The Iraqi Council of Ministers has approved measures to develop and manage airports through public-private partnerships (PPP): The Ministry of Transportation is authorised to engage the International Finance Corporation (IFC), a member of the World Bank Group, to develop investment proposals for the management, operation, and development of Basra, Mosul, Dhi Qar, […]
By John Lee. The Iraqi Ministry of Transport has announced increased interest from international companies in investing in Iraq's strategic transport initiatives. Aided by improved investment conditions and government policies, 2025 is expected to see exceptional foreign direct investment activity, according to the Ministry. Key opportunities include the Grand Faw Port project, with 11 shortlisted […]
By John Lee. The Iraqi Foreign Ministry has welcomed the United Kingdom's decision to downgrade Iraq's security classification, citing it as a key achievement reflecting improved security conditions and the government's efforts to promote stability. The change is expected to facilitate British companies' entry into the Iraqi market and reduce insurance costs for travel and […]
From the Iraq Britain Business Council (IBBC): FCDO reviews and relaxes travel advice to Iraq The British Foreign and commonwealth office has relaxed its advice on travelling to Iraq. In what is now a more variegated and nuanced approach to advice, the FCDO has reduce the level of risk in significant areas of Iraq, including […]
By John Lee. As part of Prime Minister Mohammed S. Al-Sudani's official visit to the United Kingdom, Deputy Prime Minister and Minister of Planning Mohammed Ali Tamim met with rail equipment company Clayton Equipment Ltd (CEL) Chairman Steve Gretton. The meeting focused on fostering collaboration to modernise Iraq's railway sector according to global standards. Discussions […]
By John Lee. Iraq's Minister of Transport, Razzaq Muhibis Al-Saadawi, has announced progress on the Development Road Project, emphasizing that following the completion of detailed designs, the project will be presented to major international companies for investment opportunities. Key Progress Milestones: Completion of Preliminary Designs: The Ministry has finalized 100% of the preliminary designs for […]
By John Lee. Minister of Transport, Razzaq Muhibis Al-Saadawi, announced a detailed strategy to revitalize Iraq's railway network, emphasizing the ministry's commitment to restoring and upgrading its infrastructure. Key Developments in Iraq's Railway Network: Reopened Lines After Long-Term Closures: Baghdad-Fallujah Line: Reopened after a 5-year suspension. Silo Al-Sharqat Line (Mosul): Reopened after 30 years of […]
By John Lee. Iraqi Airways has officially added Sharjah, in the United Arab Emirates (UAE), as a new destination. The inaugural flight from Baghdad International Airport to Sharjah International Airport took off on Thursday, marking the start of regular service. There will be three flights per week, on Thursday, Friday, and Saturday. (Source: Ministry of […]
