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 […]
Tag Archives | food processing
New Investment Opportunities in Iraq
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)
Iraq Wheat Purchases "Below Target"
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)
Alapala completes Flour Mill in Baghdad
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 […]
New $100m Edible Oils Plant to Open end-2016
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 […]
URGENT: Min. of Industry Announces Investment Opportunities
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 […]
"Too Much Competition" for Karbala's Biggest Business
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 […]