The latest Japan – Iraq News – Japanese, Jogmec, economic, investment, oil, gas, Basra & more – brought to you by Iraq Business News
Japan is ready to boost cooperation and projects in Iraq’s energy sector including rebuilding Iraqi nuclear reactor(s), Hussain Shahristani, Iraqi deputy prime minister for energy,has told reporters. Shahristani reportedly said after his meeting with the Japanese Economy, Trade and Industry Minister, Akihiro Ohata, in Baghdad, "we discussed the issue of reconstruction of the nuclear reactor(s) […]
Iraq's Minister for Reconstruction and Housing, Mohammed Daraji, said a new large hospital will be constructed in Maysan [Missan] province. Daraji told AKnews that the 260-bed project has been allocated 35 billion Iraqi dinars (IDQ) [$30m] from the ministry's budget. The three-floor maternity and emergency hospital will be constructed during 2011 over an area of […]
The Japanese International Cooperation Agency (JICA) has allocated US$600 million [700 billion Iraqi dinars] for service projects in northern Iraq’s Kurdistan Region, according to Aswat al-Iraq. The media director of the Region’s Planning Ministry, Adnan Haji Kaka, told the agency on Wednesday that, "Kurdistan’s Planning Minister, Ali Sindi, has discussed with JICA’s Chairman, Aquari Satochi […]
The Chairman of future projects coordination in Karbala province, Hani al-Yasari, has confirmed that the Turkish Universal Acarsan Co. has completed the first stage of the modern hospital project in al-Herr district the province. He told NMC that the seven-floor hospital, to be built over 65 acres in 33 months, includes 492 beds initially, expanding […]
Iraq is aiming to become a major oil and gas supplier to Japan, Baghdad's oil minister, Hussein al-Shahristani, said on Wednesday after a meeting with Japanese officials. The Minister also said that Japan offered economic aid in the form of loans and investments to help build Iraq's infrastructure. The statement was released following a meeting […]
Bloomberg reports that Japanese consumers are being warned about an investment scam selling Iraqi dinar on predictions the currency will surge in value. A man in western Japan spent 2 million yen ($25,000) to buy 500,000 Iraqi dinar ($428) after a caller recommended buying the currency because it was expected to gain as much as […]
A Belgian dredger has arrived at Umm Qasr on Wednesday to work on increasing the depth of the shipping channel. The vessel is the 18,620 tonne trailing suction hopper dredger, the 'Francis Beaufort'. It is 142m in length, and has a maximum dredging depth of 71.5m. The report from AKnews says the project was facilitated […]
Petronas, the Malaysian state oil firm, has agreed to train 60 Iraqi oil engineers to help it develop the Gharaf oilfield. The engineers will attend an intensive 6-month course in Malaysia and will then be sent back home to supervise the company’s operations, according to a report from Azzaman. Petronas and Japan Petroleum Exploration Co […]
Malaysia's Petronas and Japan Petroleum Exploration (Japex) are planning to award a deal shortly to drill several wells at Iraq's untapped Garraf [Gharraf] oil field in southern Iraq, a company executive said. The consortium is planning to drill two appraisal wells at Garraf, in Dhi Qar province, starting in November, he said. "We have issued […]
Iraqi Ports Company signed a contract with the Japan-based firm, Toyota, to develop boarding and de-boarding processes at the Umm Qasr Port
Japan International Cooperation Agency (JICA) discussed possible projects, including the development of the agriculture sector in the region this week
The council authorised the minister to invest the remaining amount of the Japanese loan of around $220 million in projects.
