By John Lee. Tetra Pak Arabia has reportedly signed a €10-million deal with Alssad Company for Food to expand its facility in Baghdad. According to Khaleej Times, the facility is planned to produce one billion packs per annum for dairy and beverage products. It is expected to be completed in 2024. (Source: Khaleej Times)
By John Lee. Iraqi Kurdistan's largest fish production project has started in Dohuk, and is reported to be 65-percent complete. According to a statement from the Kurdistan Region Government (KRG), the project's goal is to support domestic needs as well as sending fish products to the rest of Iraq and to Gulf countries. In the […]
By John Lee. KRG Prime Minister Masrour Barzani has laid the foundation stone of a potato production factory in Duhok, which is set to provide 500 jobs and make use of local potatoes. In his speech at the ceremony the PM said: "This is a great support for our people to rely on themselves, so […]
As part of its efforts to transform the Kurdistan Region into a competitive producer, the Kurdistan Regional Government has invested in strategic projects to strengthen and expand the region's agricultural sector and food industry. One of these landmark projects is the Wheat Marketing Project, which Prime Minister Masrour Barzani launched on Nov. 1, 2020 as […]
By John Lee. KRG Prime Minister Masrour Barzani recently laid the foundation stone of a food industry zone in Duhok. In a statement, PM Barzani said: "Our promise is to develop other sectors of the economy and end our dependence on a single source of revenue. "Better infrastructure will benefit the whole of Kurdistan. Our […]
By John Lee. The National Investment Commission (NIC) has announced new investment opportunities in Iraq: Sugar production, General Company for Food Products Hydraulic centre, Hydraulic Industries State Company (Source: National Investment Commission) (Picture: Business opportunity word cloud, from ibreakstock/Shutterstock)
By John Lee. Iraq has reportedly bought 1.75 million tonnes of domestic wheat so far this season. According to the report from Reuters, the is well below a trade ministry's target of 2.5 million tonnes. The wheat purchasing season began on 16th April and is expected to last until the end of June. (Source: Reuters)
By John Lee. Turkish engineering company Alapala has recently completed a turnkey flour mill project, one in Baghdad. The facility, located on 6,000 square meters of land, has two lines with capacity of 250 tpd each, for a total of 500 tpd of hard and semi-hard wheat milling capacity. The six-story concrete mill is one […]
By John Lee. Iraq's Etihad Food Industries will reportedly start production at its new $100-million edible oils refinery in Babylon by the end of the year. Commercial Director Haidar Alnoumany told Reuters that the company started building the infrastructure two months ago, and when in production it will source crude (edible) oil from many origins […]
By John Lee. The Iraqi Ministry of Industry has issued a list of thirty factories that are currently open for private investment. The factories cover such sectors as food processing, paper and cardboard, tires, fertilizers, aluminum, cement, natural gas, pharmaceuticals and textiles. The deadline for participating in the tenders is 15th November! Please click here […]
This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq's Canning Can't: Too Much Competition For What Was Once Karbala's Biggest Business Once canning foods and juices was one of the biggest businesses in Karbala. Today, under pressure from […]
