Tag Archives | Bismaya

Coalition Transfers Besmayah Base to ISF

Combined Joint Task Force - Operation Inherent Resolve (CJTF-OIR) conducted a ceremony with Iraqi Security Forces (ISF) to transfer the Coalition area of Besmayah Base, Iraq, July 25, 2020. Due to Iraqi Security Forces' success in the campaign against Daesh, the Coalition is adjusting its positioning and focus in Iraq. These military movements are long-planned […]

GE completes Major Work at Bismaya Power Plant

By John Lee. GE Gas Power has reported that it has successfully completed services on four 9F.03 gas turbines, two steam turbines and six generators at Iraq's Besmaya Power Plant safely and on time, while continuing to execute wider operations and maintenance (O&M) works at the site despite the many challenges posed by the COVID-19 […]

New Investment Opportunities in Iraq

By John Lee. The National Investment Commission (NIC) has announced the following investment opportunities: Diwaniah Airport, Iraqi Civil Aviation Authority (ICAA) Fuel Station in Bismayah City, NIC Construction of an Exemplary Security Forces city, NIC (Source: National Investment Commission)

Financing agreed for Siemens Transformer Deal

By John Lee. Iraq's Cabinet of Ministers has approved a loan agreement between the Federal Ministry of Finance, Standard Chartered Bank and the German Deutsche Bank for the purpose of financing the construction of 13 secondary substations (132) kV, and the supply of 35 high voltage transformers with the German company, Siemens, for the Ministry […]

New Investment Opportunity in Iraq

By John Lee. The National Investment Commission (NIC) has announced a new investment opportunity in Iraq: Rehabilitation of Bismayah Connecting Road, Ministry of Construction, Municipalities and Public Works (Source: National Investment Commission) (Picture: Business opportunity word cloud, from ibreakstock/Shutterstock)

Hanwha receives $230m Payment for Bismaya

By John Lee. South Korea's Hanwha Engineering and Construction (E&C) has said it haws received an additional payment of $230 million from the Iraqi government for work carried out in the first half of this year on the Bismayah New City project in Baghdad. According to the report from Business Korea, the total contract is […]

NATO Secretary General visits Iraq

NATO Secretary General visits Iraq, praises Allied trainers and Iraqi forces Secretary General Jens Stoltenberg began an official visit to Iraq on Monday (5 March 2018), paying a visit to NATO’s training facilities in Besmaya. For over a year, NATO has conducted training and capacity building activities for hundreds of Iraqi security forces, helping them […]

Hanwha briefs PM on Progress at Bismaya Housing Complex

By John Lee. Prime Minister Haider Al-Abadi has received a delegation from Korean company Hanwha, headed by its President and CEO, Choi Kwang-ho. During the meeting, they discussed the progress at the Basmaya housing complex near Baghdad, with the Prime Minister stressing the importance of securing the road link between the residential complex and the center […]

Iran-Iraq Pipeline comes with Major Environmental Costs

By Adnan Abu Zeed for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News.  On July 21, farmers complained about a gas pipeline dredging their farmlands. The pipeline carries gas from Iran to Baghdad through Bismayah, which is located in southeast Baghdad. […]