By John Lee. Iraq's Council of Ministers has approved a ban on the export of copper and its alloys, aluminium and its alloys, lead, and iron alloys in all forms and scrap, citing urgent domestic industrial need and the requirement to ensure adequate supply to local factories. The decision also restricts the domestic trading of […]
By John Lee. A Swiss company called Main Power Engineering has held discussions with Iraq's National Investment Commission (NIC) on a proposed integrated complex for the manufacture of high-technology electrical equipment in Iraq. The meeting, chaired by NIC head Adel Dakhil Muhammad al-Yasiri, covered the strategic and financial aspects of a project that would establish […]
By John Lee. Plans are under discussion for an Indian investment in a pipe manufacturing complex in Basra, producing oil, gas, and water pipelines for infrastructure projects and the domestic market. The National Investment Commission (NIC) met with a delegation from Indian company Man Industries this week to explore the proposal. Adel Dakhil Muhammad al-Yasiri, […]
By John Lee. A new agricultural pesticide factory has opened in the Karma Island area of Anbar province. The Al-Tariq factory is affiliated with the General Company for Pharmaceutical Industries and Medical Supplies in Samarra, and was developed in partnership with a private-sector Iraqi pharmaceutical company, with support from specialist international firms. The factory comprises […]
By John Lee. A lime production plant operated by the General Company for Iron and Steel in Basra has resumed operations following the completion of rehabilitation works, with an initial daily capacity of 200 tonnes. According to the Ministry of Industry and Minerals, the plant produces quicklime (calcium oxide, CaO) to specifications the company says […]
By John Lee. A clothing factory in Mosul has reopened following rehabilitation and a return to full production. The Waladi clothing workshop, part of the Ready-Made Garments Factory in Mosul and affiliated with the General Company for Textile and Leather Industries, was refurbished with funding from Germany's KfW (Kreditanstalt für Wiederaufbau, German Development Bank) and […]
By John Lee. PepsiCo has reportedly signed two strategic agreements with Iraqi partners covering expanded beverage manufacturing and agricultural development. The agreements were signed at the US-Iraq High-Level Business Summit at the US Chamber of Commerce in Washington DC, on the sidelines of Prime Minister Ali al-Zaidi's visit to the United States. The first agreement, […]
By John Lee. The Iraq Development Fund has identified investment opportunities worth $40 billion in goods currently imported into the country that could instead be produced domestically. Mohammed al-Najjar (pictured), head of the fund, told the state-run Iraqi News Agency (INA) that Iraq's annual import bill provides a measure of the scale of the opportunity, […]
By John Lee. Iraq's first industrial-scale photovoltaic (PV) solar module manufacturing facility has opened in Karbala. The Al-Nour Solar Panel Production Plant was developed for the Project Engineering Department of the Al-Abbas Holy Shrine by Italian firm Ecoprogetti Srl, which supplied and installed the complete turnkey production line. The facility has an annual installed capacity […]
By John Lee. German firm HORN Glass Industries AG, the has signed a contract with Al Rida Investment to build a new float glass plant in Najaf, with a production capacity of 800 tonnes per day. The plant will be equipped with the latest technology and is intended to contribute to expanding glass production capacity in […]
By John Lee. The General Company for Drug Industries and Medical Appliances in Samarra has begun operating Iraq's first production line for oral asthma inhalers, with an annual capacity of nine million units. According to the company, which falls under the Ministry of Industry and Minerals, the new line is based at its Baghdad plant […]
By John Lee. The General Company for Automotive and Equipment Industries, part of the Ministry of Industry and Minerals, has announced a project to armour-plate vehicles of various types, in partnership with private sector company Dera Al-Alamiya [Global Shield]. According to the Ministry, the project covers the armouring and plating of all types of civilian […]
