As the Ministry of Municipalities and Public Works said it will “will allocate land for building residential units at a nominal price”, new housing projects have just been announced in several Iraqi cities, helping to satisfy the huge demand for new accommodation in the country. A contract has been signed with a British firm to […]
Tag Archives | Construction & Engineering
The latest construction and engineering news from Iraq – building, renovation, reconstruction projects and more – brought to you by Iraq Business News
Intersection Bridge Opened in Muthanna
A new intersection bridge was opened in al-Muthanna province on Thursday at a total cost of seven billion Iraqi dinars. “The project is strategic,” Ibrahim al-Mayiali, the governor of Muthanna, said in a speech during the inaugural ceremonies. He said that other projects will be opened in Muthanna soon. Samawa, the capital city of Muthanna […]
Tags: Bridge, Construction & Engineering
Unauthorized Construction Material Warning
The Ministry of Planning has warned citizens against dealing with unauthorized construction materials, a ministerial statement said on Tuesday. “A source from the Central Organization for Standardization and Quality Control (COSQC) of the Ministry of Planning and Development Cooperation (MoPDC) warned citizens against a number of local and imported goods as they lack basic requirements,” […]
Wassit to Own 4,000 Donums
The Wassit council agreed on Tuesday to transfer the ownership of 4,000 donums of lands to the investment commission to start the residential compounds project, the chairman of the council said.
Tags: Construction & Engineering, Wassit
Water Project Opened in Ninewa
The Ministry of Housing and Construction on Tuesday opened a big water project that supplies the western part of Ninewa province with drinking water. “The project has a design capacity of 10 thousand cubic meters per hour,” Yelmaz Abbas, an official from the Ministry, said in a speech for the occasion. He said that the […]
Tags: Construction & Engineering, Ninewa
Work Starts on Oldest Bridge in Hindiya
Maintenance work has begun on Karbala’s oldest bridge, which was built during the royal era, the head of the city’s provincial council said on Tuesday. “On Tuesday, technical teams and engineers from a local company started maintenance work on the old Tuweireg Bridge in al-Hindiya district (20 km east of Karbala),” Mohammed Hameed al-Moussawi told […]
10,000 Houses for West Diwaniya
The investment commission in Diwaniya has discussed with a German firm a project to build 10,000 houses in the west of the province, the commission’s head said on Sunday. “The project will be located on the Diwaniya-Shafia road (7 km west of Diwaniya),” Eng. Hakem al-Khazaie told Aswat al-Iraq news agency. “The final contracts will […]
New Korean Contracts – Massive Investment in Basra
Aswat al Iraq reports that The Iraqi National Investment Commission is planning to offer 750 investment projects to South Korean firms. The total value of the projects exceeds $600 billion, and includes the building of a new city. The announcement follows a visit to the country last week by a high-powered delegation of Korean businessmen […]
Foreign Contruction Companies Needed for Housing
Aswat Al Iraq reports that the Iraqi minister of housing and reconstruction, Bayan Dizayee, has signed a memorandum of understanding (MoU) with her Jordanian counterpart on mutual cooperation in the fields of reconstruction and housing. “The memorandum encourages investors to invest in the fields of construction.” Meanwhile, the National Investment Commission has received proposals to […]
$67m for Roads in Baghdad
A total of 80 billion Iraqi dinars (ID), about US $67m, has been allocated to improve the roads in the capital Baghdad, the local municipality said on Tuesday. The money will be used to pave the main streets and highways in the capital, change traffic lights in central Baghdad and to continue construction work on […]
Housing Loans to Journalists
The Iraqi Journalists Union announced on Tuesday that the Iraqi Housing Bank will lend Iraqi media men up to ID30 million to build houses. “Special privileges will be granted to interested journalists,” the union said in a release received by Aswat al-Iraq news agency. It said that many Iraqi journalists are in need of a […]
Finance Ministry Releases Housing Loans to Workers of Mixed Sector
The Finance Ministry instructed the al-Rafideen and al-Rasheed banks to release loans and advances given to the workers of the mixed sector according to the adopted rules. “Finance Minister, Baqer al-Zubaidi, met on Monday (Feb. 22) with the members of the executive office of the National Union of Labor syndicates,” said a ministry’s statement received […]