By John Lee. The Japan International Cooperation Agency (JICA) signed a $388-million loan agreement with Iraq on Sunday, to provide Japanese ODA loan for the sixth phase of the Basrah Refinery Upgrading Project. In a statement, JICA said: "This project aims to improve the quality and productivity of petroleum products, reduce the supply-demand gap, decrease […]
By John Lee. The United Nations Development Programme (UNDP) has published advance documentation ahead of its First Regular Session 2025, scheduled to be held from 27th to 31st January, 2025. The following documents are advance copies subject to change in the final versions: Draft country programme document for Iraq (2025-2029) Evaluation Plan, guiding the strategic […]
By John Lee. The Iraqi Ministry of Planning organized a workshop to discuss updates and enhancements to the Iraq Development Management System (IDMS). Sief Falah Hassan, head of the Office Monitoring and Project Management Department, highlighted that the system integrates various components, including international cooperation, proposed and approved projects, a comprehensive project bank, national development […]
By John Lee. Prime Minister Mohammed S. Al-Sudani has officially opened the Iraqi-Korean Critical Care Specialty Hospital at Baghdad Medical City. The newly inaugurated hospital, described as the first of its kind in Iraq, consists of four floors with a capacity of 74 beds, three operating theaters equipped with the latest medical devices, and an […]
By John Lee. A senior Spanish official has said that Spain is cooperating with Iraq to extend the railway from Basra to Egypt's Sharm El-Sheikh. State-run Iraqi News Agency (INA) quotes Alicia Rocío Varela Donoso, Director General of International Trade and Investment for Spain, as saying: "There are very good companies in the field of […]
By John Lee. The Iraqi State Company for Cement, part of the Ministry of Industry and Minerals, has announced a record production milestone at the Badoush Expansion Cement Plant in October. General Manager Engineer Aqeel Abdul Ali Radam highlighted that the plant exceeded its production targets, achieving 89,568 tons of clinker and 76,656 tons of […]
By John Lee. Iraq's Ministry of Oil has announced the commencement of drilling the 100th well in the East Baghdad Field (Southern Zone). Operated by Midland Oil Company and EBS Petroleum, a body registered in Iraq to conduct the petroleum operations on behalf of China's ZhenHua Oil, this marks Iraq's first horizontally drilled well in […]
By John Lee. The Iraqi Ministry of Planning held a meeting with the World Bank's Reform, Recovery, and Reconstruction Fund team to discuss a proposal for advisory services and support for implementing selected reform strategies. The $3.6-million project, funded by the World Bank, aims to enhance transparency and the efficiency of public services through policy […]
By John Lee. Iraq's Minister of Oil, Hayan Abdul-Ghani, has met with members of the Parliamentary Finance Committee, led by Chairman Atwan Al-Atwani, to discuss resuming oil exports from the Kurdistan region via the Iraq-Turkey Pipeline (ITP) and the Turkish port of Ceyhan. The meeting focused on strengthening cooperation between the Ministry of Oil and […]
By John Lee. The Iraqi Ministry of Planning, in collaboration with the Ministries of Oil and Industry and Minerals, has launched a feasibility study for the strategic Al-Nibras [Nebras] Petrochemicals Project in Basra. Consultancy firm KBR has been appointed to conduct a comprehensive technical and economic review to map an optimal implementation path, building on […]
By John Lee. Iraq's Ministry of Planning has held an election conference to select members of the Permanent Council for Private Sector Development. Minister of Planning, Dr. Muhammad Ali Tamim, highlighted the years of collaborative efforts that led to the council's formation, emphasizing its role in decision-making and as a fundamental partner in economic development. […]
By John Lee. The Iraqi Drilling Company (IDC) has successfully drilled and rehabilitated four new oil wells in the Zubair oil field in Basra. The Deputy Director General of the company, Kazim Habash Khalif, said technical teams completed the drilling of a 3,598-meter well for the Zubair Field Operating Authority, boosting field production capacity. Three […]
