By John Lee. Iraq's Minister of Industry and Minerals, Prof. Eng. Khaled Battal Al-Najm, has launched the Green Mountain Industrial City project in Basra, marking Iraq's first industrial city of its kind. The project is a strategic partnership between the General Company for Iron and Steel and China's Tsingshan. Spanning 2,000 dunams, the city will […]
By John Lee. Iraq's General Company for Iron and Steel has signed two major contracts in Basra under the patronage of Industry and Minerals Minister Khaled Battal Al-Najm: The first contract, signed with Al-Qaim United Company, involves the establishment of a sponge iron plant with an annual production capacity of one million tonnes. This project […]
By John Lee. Iraq's Minister of Industry and Minerals, Khaled Battal Al-Najm, has laid the foundation stone for a sponge iron plant in Basra. The plant, belonging to the General Company for Iron and Steel, will have a production capacity of one million tonnes per year. The project aims to ensure a steady supply of […]
By John Lee. Prime Minister Mohammed S. Al-Sudani has remotely inaugurated the Al-Dhawari Iron and Steel Factory in Sulaiman Bek, Salah al-Din Governorate, marking a significant advancement in Iraq's industrial capacity. The private sector project represents a successful model for industrial development in Iraq, with the Prime Minister highlighting its importance amid rising construction activity […]
By John Lee. The Iraqi Ministry of Industry and Minerals has secured government approval to establish a fully integrated phosphate fertilizer complex in Anbar and a sponge iron plant in Basra, marking what it describes as a major step in reviving the country's strategic industries. According to a ministry statement, the Higher Committee for Reconstruction […]
By John Lee. The Iraqi Cabinet has established new regulations for handling scrap metal, military surplus, and industrial waste. Key directives include: Free Transfers: Ministries of Defence, Interior, and other security agencies will transfer decommissioned equipment, empty ammunition casings, and military-grade scrap metal to the Military Industrialisation Authority without charge. Brass Transfers: All ministries and […]
By John Lee. Iraq's Minister of Industry, Khaled Battal Al-Najm, discussed the contract procedures with China's Tsingshan Holding Group for the development of a specialized industrial city focused on iron and steel production in Basra. The meeting, held on Monday with ministry officials and the Chinese delegation, reviewed the steps and details involved in finalising […]
By John Lee. The Iraqi Prime Minister, Muhammad Shiaa Al-Sudani, has chaired the sixth meeting of the Supreme Committee for Reconstruction and Investment this week, discussing service and residential investment opportunities in various governorates. At the meeting, approval was given for a request from the National Investment Commission (NIC) to establish an iron and steel […]
By John Lee. The board of Iraq's Industrial Cities Authority has discussed the establishment of an integrated industrial city for iron and steel production at the site of the State Company for Iron and Steel (SCIS) in Basra, as part of the Basra Economic Capital project. The industrial city will integrate sponge iron [direct reduced […]
By John Lee. Prime Minister Mohammed Shiaa Al-Sudani met with Zhang Jiming, the CEO of China's Changxin Company [Shanxi Changxin?], and accompanying delegation. The Prime Minister highlighted Iraq's abundant investment opportunities during the meeting, expressing the government's commitment to providing necessary facilitations for major international companies. Shang Xin Corporation, a prominent Chinese company with global […]
By John Lee. Iraq's Minister of Industry and Minerals, Professor Dr. Eng. Khaled Battal Al-Najm, met with the French Ambassador to Iraq, Mr. Eric Chevalier, on February 7, 2023, in the presence of a representative from the Iraqi Ministry of Foreign Affairs. The Minister expressed his desire to enhance cooperation with France in various industrial […]
By John Lee. The National Investment Commission (NIC) has announced the following investment opportunities: Sponge iron factory in Basra – State Company for Iron and Steel (SCIS) (Source: National Investment Commission) (Picture: Business opportunity word cloud, from ibreakstock/Shutterstock)
