Iraq Business News brings you the latest Iraq transportation news relating to developments and opportunities.
By John Lee. An official from Iraq's Ministry of Housing and Construction has told Bloomberg that the ministry has signed a contract with the Danish company COWI for the design of a highway linking Baghdad with Turkey. The company, based in Lyngby, Denmark, is due to complete preliminary designs within 20 weeks before working on […]
By John Lee. A spokesman for Jordan's Energy Ministry says the Ministry will choose a company this month to transport 10,000 bpd of Iraqi crude oil b truck. Fayez Abu Gahud told Bloomberg: “The tenders committee is currently looking into financial bids submitted to the energy ministry and will announce the winning bidder as soon […]
By John Lee. Sixteen companies have bid to build a 480 billion-dinar ($412 million) breakwater for Iraq's Grand Fao [Grand Faw] port. Omran Radhi, director general of the State Company for Iraq’s Ports, told Bloomberg that the list of bidders includes: Hyundai Engineering & Construction; Daewoo Engineering & Construction; Dredging International; China Communications Construction Company; […]
Reinforcing and strengthening the airline’s commitment to Basra, Emirates adds three additional flights between Dubai and the Iraqi southern port city, increasing the service from four to seven flights per week. Effective today (Wednesday 1st August), EK 945 will depart daily from Dubai at 13:55 hours and touch down at Basra International Airport at 14:45 […]
By John Lee. Iraq’s Cabinet has agreed to allocate $500 million to resolve the long-running dispute with Kuwait over the debts of Iraqi Airways, according to Bloomberg. The Cabinet asked parliament to approve the allocation of $300 million from the 2012 budget and another $200 million in 2013, , State Minister Ali al-Dabbagh said on […]
Truck maker Scania has acquired a majority stake in its Iraqi distribution company. Through this investment, Scania is building further on its strong brand in Iraq. In the early 1980s, Iraq was one of Scania’s largest markets. Since 1961, 35,000 vehicles have been delivered. Combined with significant imports of used vehicles in recent years, approximately […]
By John Lee. The U.S. Embassy in Baghdad and the Iraqi Republic Railroad (IRR) celebrated the launch of Iraq’s new Computer-Based Train Control (CBTC) and Digital Microwave Radio Communications Network (DMRCN) during a handover ceremony on July 18. The project was sponsored by the U.S. Embassy, through the U.S. Department of Transportation, in coordination with […]
By John Lee. Japanese car giant Toyota says it wants to open a sales center in Basra province, and Basra Investment Commission (BIC) has offered to help facilitate the project, according to a report from AIN. Saleh Rauf, the Executive Director of Toyota, said: "The Company has an earnest and ambitious plan to start this […]
By John Lee. KRG Prime Minister Nechirvan Barzani this week announced that the foundation stone for Duhok International Airport will be laid within two months. The future airport will further strengthen tourism and trade links in Duhok, which is one of Iraq's most prosperous governorates. The premier’s news came in a statement also unveiling broader […]
By John Lee. The Kuwaiti government has announced the cancellation of the fourth stage of the Mubarak Port, reports AKnews, due to harm to Iraqi navigation. Iraq’s Ministry of Transport called it an important step, but it does not eliminate the damage to Iraqi navigation. An adviser to the ministry, Karim al-Nouri, said: "We consider […]
The Kurdistan Region's Prime Minister, Nechirvan Barzani (pictured), has announced that the foundation stone for the new Duhok Airport will be laid within two months. AKnews reports that he said that his government will soon begin building hospitals in the city, town and districts of Duhok. The news comes after Barzani's meeting with Duhok governor […]
flydubai, Dubai’s innovative low-cost airline, has added another Iraqi destination to its network, with four-times weekly flights to Basra scheduled to begin on 8 August 2012. Basra joins the capital, Baghdad, plus Najaf, Sulaimaniyah, and Erbil, swelling flydubai’s Iraqi route map to five points, one of the most comprehensive networks to Iraq in the region. […]
