Tag Archives | Muthanna Investment Commission

Cabinet Approves Electricity Prices for Silver Crescent

By John Lee. At its most recent meeting this week, the Iraqi Cabinet has approved the purchase prices for electricity bought from Silver Crescent: Energy purchase tariff on gas: $24.94 per megawatt hour (MWh); Energy purchase tariff on heavy fuel: $32.37 per megawatt hour (MWh); Combined cycle energy purchase tariff: $36.81 per megawatt hour (MWh), […]

Qatari Firm Wins $65m Housing Contract

By John Lee. The Muthanna Investment Commission has announced that a Qatari company has been contracted to build a housing project in central Samawa. Doha Investment Company won the contract for the $65 million housing complex, which will include 480 housing units, a school, a health centre and various other services, reports al-Shorfa. Some will […]

$199 Million to Build 2,000 New Homes

The Iraqi government has awarded contracts worth $199 million to two construction companies  to build 2,000 homes in the southern provinces of Thi Qar [Dhi Qar] and Muthanna, reports Bloomberg. Markez Inc., an Iraqi-American company incorporated in Maryland, but with no contact address on its website, secured a $139 million deal to build 1,000 homes […]

Permission for 792 New Apartments in Muthanna

An Iraqi company has won an investment license to build a residential compound in Muthanna, an official of the Muthanna Investment Commission said on Wednesday. “The MIC has granted an investment license to an Iraqi company to build a compound, consisting of 792 apartments, in Muthanna on an area of 65 donums [16 hectares]”, Ali […]

$151m Waste-Recycling Plant in Muthanna

Works are underway to build a waste-recycling plant in al-Muthanna at a cost of $151 million [177 billion Iraqi dinars], according to the province’s investment commission chairman on Sunday. “The project stands over an area of 30 donums [7.5 hectares] and should be finalized in 13 months,” Adel Dakhil al-Yasseri told Aswat al-Iraq news agency. […]

Kuwaiti Cement Factory and Appartments for Muthanna

A Kuwaiti company received two investment licenses in Muthanna, according to a media source at the Muthanna Investment Commission, quoted by Aswat al-Iraq. “Kuwait’s al-Mahamed company received two investment licenses to implement a residential compound, which contains 2,000 apartments, in addition to the establishment of a cement factory in the Badiya al-Samawa region,” Ali Hanoun […]