Tag Archives | Basra News

The latest news from Basra – renovation, building, investment & more – brought to you by Iraq Business News

Japanese Firm Wins $4bn Iraq Project

By John Lee. Iraq's Council of Ministers has approved a contract with Japan's JGC Corporation to build a 55,000-bpd refinery in Basra province. According to a statement from the Ministry of Oil, the new plant will create 7,000 jobs, in addition to 70,000 during the construction phase. The General Manager of the South Refineries Company […]

Construction of Major Iran-Iraq Railway "Will Begin Soon"

A senior Iraqi official said the construction work for establishing a major railway project connecting the Arab country to neighboring Iran will get underway not in the too distant future. "The railway between Iran and Iraq through the Shalamcheh link will get going soon," said Qasim al-Araji, a national security adviser to the Iraqi government, […]

New Hospital Opened in Basra

By John Lee. Dar Al-Shifa Hospital has been opened in Al-Zubair district in Basra Province. The hospital, a private-sector investment project which created 100 new jobs and cost $24 million, has a capacity of 60 beds, five operating theatres, an ophthalmology centre, a dental clinic, a maternity ward, an emergency department, laboratories and a pharmacy. […]

Perceptions of Police, Security and Governance in Iraq

Perceptions of Police, Security and Governance in Iraq: IOM Study The International Organization for Migration (IOM) and Yale Law School's Center for Global Legal Challenges (GLC) are releasing a new report that evaluates community perceptions of police and security in three communities across Iraq. This new study - Perceptions of Police, Security and Governance in […]

Local Businesses get Boost from Iraq Lockdown

By John Lee. Iraq's national lockdown in response to the coronavirus (COVID-19) pandemic has reportedly given a boost to local businesses. According to a report from AFP, local businesses no longer have to compete with imports from countries such as Turkey, Iran, China, Saudi Arabia, Jordan and Kuwait. It quotes the owner of an ice-cream […]

Foreign Staff Evacuated from Basra Gas Company

 By John Lee. Shell has reportedly evacuated its foreign staff who had been working at the Basra Gas Company (BGC). BGC executives told Reuters that around 60 staff were flown out on Wednesday after workers who had been laid off staged a protest. Shell has a 44-percent stake in the $17-billion, 25-year BGC project, with […]

Rocket Attack Targets Halliburton in Basra

By John Lee. At least three rockets are reported to have hit near Halliburton's site in the Burjesia area of Basra early on Monday morning. It is understood that the incident caused no casualties or damage. It is the first attack to target US energy interests in Iraq in recent months. (Sources: S&P Global Platts, […]