Tag Archives | National Investment Commission (NIC)

Iraq Hosts meeting on National Climate Investment Plan

By John Lee. Iraq's National Investment Commission (NIC) hosted the first technical meeting on the National Climate Investment Plan last week, in cooperation with the United Nations Development Programme (UNDP). Dr. Muna Al-Jabri, head of the technical team representing the NIC, affirmed that this meeting is a continuation of the plan's launch, which is part […]

Iraq, Lebanon Discuss Fiber Optic Cable Project

By John Lee. The head of Iraq's National Investment Commission (NIC), Dr. Haidar Mohammed Makiyya, has met with the Lebanese Prime Minister, Mr. Najib Mikati. They discussed extending a fiber optic cable project from Iraq through Syria and Lebanon, emphasizing the importance of integration in vital and strategic projects among regional countries. Makiya stated that […]

Iraq signs Singapore Convention on Mediation

By John Lee. The Chairman of Iraq's National Investment Commission (NIC), Dr. Haider Mohammed Makiya, has signed the Singapore Convention on Mediation (formally the United Nations Convention on International Settlement Agreements Resulting from Mediation). He stressed the importance of integrating international and local investment environment indicators. Dr. Haider Mohammed Makiya, the Chairman of the National […]

New Steel Plant and Airport for Diwaniyah

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 […]

Iraq Receives 17 Proposals for Waste-to-Energy Project

By John Lee. The Iraqi National Investment Commission (NIC) has announced that it has received 17 proposals from foreign, Arab, and local companies for a waste management and electricity generation project (waste-to-energy) in Baghdad. This announcement followed a meeting of the commission tasked with assessing the proposals. Dr. Mona Al-Jabri, the commission's renewable energy consultant, […]

Iraqi Investment Chief meets with Qatari Real Estate Company

By John Lee. Dr. Haider Muhammad Makkiya, head of Iraq's National Investment Commission (NIC), has held a meeting with the regional director of Qatari real estate firm Ariane, Ahmed Magdy Al-Kararty. Dr. Makkiya emphasized Iraq's commitment to fostering an attractive investment environment, highlighting strategic projects as crucial for revenue maximization and the enhancement of service […]

Hanwha to Resume Work on Bismaya Residential City

By John Lee. Prime Minister Mohammed Shiaa Al-Sudani presided over the signing of a memorandum of understanding between the National Investment Commission (NIC) and South Korea's Hanwha to resume work on Bismayah City residential development. The visit on Monday morning included a meeting with residents, where their feedback on provided services was heard, prompting directives […]

Investment Opportunity: Waste-to-Energy Power Plant

By John Lee. Iraq's National Investment Commission (NIC), in collaboration with the Municipality of Baghdad, Ministry of Electricity, and Ministry of Environment, has announced an investment opportunity to establish a Waste-to-Energy (WtE) power generation plant in Baghdad Governorate/Al-Nahrawan area. Project Details: The project aims to generate power from mixed solid waste, estimated at around 3,000 […]

Iraq announces Tender for Baghdad Metro

By John Lee. Iraq's National Investment Commission (NIC) has announced a tender for the construction of a metro transport system in Baghdad. The project is being offered on a design, build, operate, maintain, finance, and transfer ownership (DBOMFT) model, and the deadline for receiving Investment bids is Thursday, 11th April, 2024. According to the tender […]

Tender: Najaf-Karbala Metro Project

By John Lee. Iraq's National Investment Commission (NIC) has announced a tender for the construction of the Najaf-Karbala metro project. The project is being offered on a design, build, operate, maintain, finance, and transfer ownership (DBOMFT) model, and the deadline for receiving Investment bids is Thursday, 11th April, 2024. According to the tender document: "The […]