A new silo with a storage capacity of 60,000 tons of wheat is under construction in Erbil province, according to AKnews. An advisor to the Iraqi Kurdistan Regional Ministry of Trade and Industry, Faris Majid, told the news agency that the new project, worth $21 million, occupies a 70-acres site on the Erbil-to-Gwer road in […]
Iraq's National Investment Commission (NIC) has announced an investment opportunity to establish new Foodstuff Testing Laboratories at the border crossing points. The labs will control all foodstuffs entering Iraq, and should be constructed according to special specifications that ensure the safe storage of all kinds of foodstuffs. They will be constructed according to investment law […]
Bloomberg reports that Iraq plans to import 3 million metric tons of wheat in 2012, with tenders starting in January. Hassan Ibrahim, director general of the country’s grain board, said in an interview that the grain board wants $3 billion to spend on grain imports next year, up 10 percent on the 2011 figure. Iraq […]
The governorate of Sulaimaniya is planning to build five grain silos by the end of 2012, according to Hama-Hussein Hama-Saeed, deputy general director at the Kurdistan trade ministry. AKnews reports that the silos, worth $116 million (138 billion Iraqi dinars), will have a capacity of 240,000 tons of grain. "With these silos, we'll be able […]
By Layth Mahdi, Agricultural Advisor. The opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq is predominantly an agricultural country. It has a great diversity of climate, soil types, and natural resources. In the 1950’s, Iraq was self-sufficient in agriculture and the number one exporter […]
By Layth Mahdi, Agricultural Advisor. The opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Agricultural development plays a key role in achieving human well-being, maintains food security, reduces poverty and mitigates violence. In addition, it contributes to the protection of natural resources, environmental stability and […]
