By John Lee. Iran is reportedly ready to start technical negotiations with the Kurdistan Regional Government (KRG) over the opening of two important free trade zones. Mehdi Shushtari, Iran's Consul-General in Sulaimani, told Rudaw the preliminary work at Parvizkhan and Bashmakh border crossings has already been completed. Click here to read the full story. (Source: […]
Tag Archives | free zone
Tags: Bashmakh, Bashmakh border crossing, featured, free zone, Iran, KRG, Kurdistan News, mn, Parvizkhan border crossing
IBBC joins World Free Zones (FZO) as Observer Partner
IBBC joins World Free Zones (FZO) as observer partner The Iraq Britain Business Council (IBBC) is delighted to announce a new partnership as observers with FZO, the international association of World Free Zones. World Free Zones Organization (World FZO) is the strongest, most active free-zone organization in the world. IBBC and its members can access […]
Jordan, Iraq start studies to Create New Free-Zone
By John Lee. Jordan and Iraq have reportedly started studies to create a joint free industrial zone on their shared border. A Jordanian government official told Xinhua that an Iraqi delegation visited Jordan this week to check the capacity of factories that will benefit from a decision by Iraq to exempt commodities -- including plastics, […]
Jordan, Iraq to set up Joint Industrial Zone
By John Lee. Jordan and Iraq have agreed to set up a joint industrial zone on the border between the two countries, and asked companies on both sides to promptly put in place their visions on implementation. According to Petra, Iraqi Minister of Industry and Minerals, Mohammad Shia' Al Sudani, and Jordan's Minister of Industry, […]
Iraq Develops Industrial Zones
The successful completion of the project “Enhancing investments to Iraq through industrial zone development”, implemented by the United Nations Industrial Development Organization (UNIDO), was marked at an event in Amman today. Funded by the Government of Italy, the project assisted the Government of Iraq in developing industrial zones that provide a favourable business environment for […]
Tags: Central Organization for Standardization and Quality Control (COSQC), free zone, Industrial Zones, Jordan, Sweden, Swedish International Development Cooperation Agency (Sida), United Nations Industrial Development Organisation (UNIDO)
Basra Free Zone Still Tricky for Foreign Investors
By Murtada Taleb. 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. It was designed to attract investors to Iraq and although things are getting better in Basra’s duty-free zone, there are still many obstacles for foreign investors […]
Tags: Basra News, free zone
BIOGH Issues First Construction Licence
By Editor on 14th July 2013 in Construction & Engineering In Iraq, Iraq Industry & Trade News, Iraq Oil & Gas News
By John Lee. The Basra Oil and Gas International Free Zone (BIOGH) and its development managers EPGI have issued its first construction license to Basra Mas Company in relation to an initial 10 year construction programme. Works commenced on site on the 9th July with handover to Basra Mas who this week began work on […]
BIOGH Masterplan Receives Planning Approval
BIOGH has announced that the Masterplan for the Basra International Oil and Gas Free Zone has been formally approved by the Consulting Bureau of the College of Engineering at the University of Basra, and by the Iraq General Commission for Free Zones. This planning approvals milestone represents an ongoing successful collaboration, notably with the efforts […]
Tags: Basra International Oil and Gas Hub (BIOGH), Basra News, BIOGH Oil & Gas Free Zone, free zone, Khor Al-Zubair
Contracts at Khor al-Zubair Free Zone
Iraq's General Commission for Free Zones, part of the Ministry of Finance, has announced the conclusion of a number of investment contracts in the Khor al-Zubair Free Zone. AIN reports that the local (Rashid) Trade Company concluded an investment contract involving a land area of "up to" 4000 sq meters, while another local investor concluded […]
Egyptian Free Zone for Kurdistan
Officials in Egypt have announced a new 2-million m2 free zone for Egyptian industrial projects in Iraqi Kurdistan. Following a meeting with the KRG's Minister of Trade and Industry, Sinan Chalabi [Senan Jalabi], the Chief of the Egyptian Commercial Body, Anwar al-Sahrjty, said: "The two sides agreed to study the possibility of establishing Egyptian plants […]
Iraq Set to Expand Free Trade Zones
By Omar al-Shaher for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq, with its privileged geographical location, plans to improve the performance of its three free-trade zones. It also intends to establish new free-trade zones as part of efforts to diversify its […]
Tags: Arab Investment and Export Credit Guarantee Corporation (DAHMAN), Export credit, free z, free zone, Khor Al-Zubair, Mac International, UAE, United Arab Emirates, Zubair Free Zone
Training on Management of Investment Zones
By John Lee. In collaboration with OECD and and National Investment Commission (NIC), a special two-day training course in the management of investment zones was held recently in Baghdad. On behalf of NIC chairman Dr. Sami Al-Araji, NIC advisor Dr. Abdullah Al-Bander welcomed participants representing several ministries, including Industry and Minerals, Communication, Finance and the […]