Tag Archives | Housing

The latest housing news from Iraq – projects, construction & more – brought to you by Iraq Business News

Serious Housing Crisis Creeps up on Iraq

By Ali Abdulhadi al-Mamouri for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq is facing a difficult housing crisis due to oil prices dropping amid the coronavirus pandemic. Click here to read the full story.

Japan provides an additional $3.6m for Housing in Iraq

The United Nations Human Settlements Programme (UN-Habitat) welcomes an additional contribution of USD 3.6 million from the Government of Japan to support reconstruction and peacebuilding in Iraq through the rehabilitation of war-damaged houses and construction of low-cost housing units in Sinjar, Ninewa Governorate. Under the new phase of this project, UN-Habitat will improve living conditions […]

Investment Opportunity: Housing Compounds

Iraq's National Investment Commission (NIC) in coordination with the Ministry of Migration and Dislocated are pleased to announce the investment opportunity of the construction of new housing compounds on the land lots which areas and ownership are shown in the table below: No. Province Area Ownership of land Type Type of Investment 1 Diwanyah 20 […]

Govt Promises More Jobs and Houses

Summary of government measures to boost employment, address housing shortage and support low-income groups Prime Minister Adil Abd Al-Mahdi on Sunday chaired a meeting of the High Committee for the Distribution of Land. The Committee reviewed preparations for the distribution of plots of land to low-income groups in Iraqi provinces, and the allocation of more […]

Two More New Investment Opportunities in Iraq

By John Lee. The National Investment Commission (NIC) has announced the following investment opportunities: Arar Border Crossing Point – General Commission for Border Crossings Housing Compounds for Basra Federal Appeal Court Employees – Supreme Judiciary Council (Source: National Investment Commission) (Picture: Business opportunity word cloud, from ibreakstock/Shutterstock)

Govt to support Iraq’s Cement Industry

By John Lee. The Cabinet held its regular meeting in Baghdad on Tuesday under the chairmanship of Prime Minister, Adil Abd Al-Mahdi. The Cabinet approved a series of recommendations from the Ministerial Economic Council to support the growth of Iraq’s cement industry and to ensure that production capacity continues to meet domestic demand. No details […]

Restoration of 15,000 Homes underway in Mosul

The United Nations Development Programme (UNDP) is rehabilitating 15,000 houses in West Mosul, bringing the total number of houses in its stabilization portfolio to more than 30,000 – the largest of its kind in Iraq. The project in West Mosul covers 29 neighbourhoods that were hardest hit during the fight to liberate the city from […]

Abadi boosts Housing Fund by $669m

By John Lee. Prime Minister Dr. Haider Al-Abadi has directed an additional 800 billion dinars ($669 million) to Iraq's housing fund. According to a statement from the Prime Minister's office, the directive "came in the interest of providing housing loans to citizens, which is estimated at about 25 thousand new housing loan, which in turn […]

6 New Investment Opportunities in Iraq

By John Lee. The National Investment Commission (NIC) has announced six new investment opportunities in Iraq: New Housing Compounds, Ministry of Water Resources Lime plant in Karbala, Iraqi Cement State Company Caustic/chlorine plant in Khor al-Zubair, State Company for Petrochemical Industries Industrial and medical gases, Al-Zawraa State Company Chlorine plant in Muthanna, General Company for […]

Hanwha receives $230m Payment for Bismaya

By John Lee. South Korea's Hanwha Engineering and Construction (E&C) has said it haws received an additional payment of $230 million from the Iraqi government for work carried out in the first half of this year on the Bismayah New City project in Baghdad. According to the report from Business Korea, the total contract is […]