Tag Archives | Basra Investment Commission

British Consul General Visits Basra Investment Commission

The British Consul General in Basra, Richard Wood, visited Basra Investment Commission (BIC) on Tuesday and discussed how best to facilitate British investors entering the province. They also discussed some economic and investment issues, especially those related to the main obstacles facing investors. According to the BIC, Wood expressed his appreciation of the role of […]

New $4m Laboratory in Basra

Basra Investment Commission has granted an investment license for an agricultural project to construct a technical laboratory for tissue cultivation in a cost of 4.8 billion Iraqi Dinars [$4m]. The project includes the building of a laboratory to produce palm trees and plants by using tissues. It also includes a research and studies centre to […]

$5m Training Centre Proposed for Basra

A delegation from Al-Rahmani Group visited Basra Investment Commission (BIC) and presented a plan to construct a technical training centre in a cost of $5 million [6 billion Iraqi dinars]. The executive chairman of the group, Eng. Raid Al-Rahmani, said, "our plan includes the construction of a training centre to develop the local working staff […]

Basra Investment Licence for Water Plant

Basra Investment Commission has granted an investment license for a company in the health sector, Ghadir, to construct a plant producing bottled water. The plant consists of a building on an area of 300 m2 as well as machines and equipment to produce 40,000 bottles per day. Total cost is estimated at 775 million Iraqi […]

Swiss Company Reveals Oil Storage Plans in Basra

Dome International has met the chairman of Basra Investment Commission (BIC) to discuss the possibility of constructing warehouses for oil derivatives in Basra. The director of the company, Amen Jaffer, said, "the preliminary study of the project includes the construction of oil warehouses near Khor Al-Zubair port on an area of 40 acres with an […]

Romanian Housing Project in Basra

A Romanian company has received initial approvals to implement a residential project in Basra, according to an official from the Basra Investment Commission (BIC). “The BIC granted its initial approval to a Romanian company to carry out a residential project, which will include 6200 units in al-Kazieza region, northern Basra,” the source told Aswat al-Iraq […]