By John Lee. Iraq's Minister of Industry and Minerals, Khaled Battal Al-Najm, met with a delegation from the International Finance Corporation (IFC), a member of the World Bank Group, to discuss potential cooperation in the development of industrial cities and workforce capacity building in Iraq. The meeting included a presentation by the IFC on its […]
By John Lee. Iraqi Prime Minister Mohammed S. Al-Sudani visited the historic Ur Tourist City in Dhi Qar Province on Sunday, inspecting both the ancient Sumerian open-air theater and ongoing tourism projects launched during his previous visit last August. Al-Sudani reaffirmed the government's commitment to advancing development and tourism initiatives, citing positive public support and […]
By John Lee. Baghdad Municipality has signed a contract with China's state-owned Shandong Hi-Speed Group [Shandong Gaosu Group] for the construction of 11,000 housing units in the New Sadr City project. Speaking at the signing ceremony, Mayor Ammar Musa Kazem said that more than 30 companies expressed interest in the project, which represents the first […]
By John Lee. The Minister of Industry and Minerals, Professor Eng. Khaled Battal Al-Najm, has chaired the first 2025 Board of Directors meeting for the Industrial Cities Authority, reviewing major industrial development plans. Key Developments: The Minister handed over the first batch of industrial city plot contracts in Anbar and Dhi Qar to investors following […]
By John Lee. The National Investment Commission (NIC) has signed the Task Order for Phase One of developing the Al-Tayeb Specialised Economic Service Zone in Maysan Province, positioning it as Iraq's first integrated economic city. Key Developments: NIC Chairman Dr. Haider Mohammed Makiyah stated that Al-Tayeb Economic City will attract global investors across agriculture, industry, […]
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 National Investment Commission (NIC) has held a preparatory meeting for the Energy Services Economic Cities Initiative, aimed at supporting local economic diversification and attracting foreign investment in the energy sector. NIC Chairman Dr. Haider Mohammed Makia [Makiyya] emphasised that these specialised cities will serve as hubs for global and local companies […]
By John Lee. The Prime Minister of Iraq has directed the allocation of land for the creation of an industrial city dedicated to small businesses, particularly those supported under Riyada Initiative [Iraqi Riyada Network for Access Development and Advancement, IRADA Network]. Mohammed S. Al-Sudani said that, to date, the initiative has granted loans to around […]
By John Lee. The Chairman of the National Investment Commission (NIC), Dr. Haider Mohammed Makiyya, has announced the signing of a pivotal addendum to the contract for the Bismaya Residential City project. The agreement focuses on: Implementing Infrastructure and Social Services: Ensuring essential facilities and public services in the city. Completing 70,560 Housing Units: Resuming […]
By John Lee. Iraq's National Investment Commission (NIC), in collaboration with the Ministry of Construction, Housing, and Public Municipalities, invites investment proposals for: the new Peace City in Najaf Governorate This project spans 3,912 dunams and offers four investment opportunities of equal area. Interested investors must purchase the investment portfolio for 30 million Iraqi dinars […]
By John Lee. Iraq's National Investment Commission (NIC), in collaboration with the Ministry of Construction, Housing, and Public Municipalities, invites investment proposals for: the new Al-Mutanabbi City in Wasit Governorate This project spans 5,000 dunams and offers five investment opportunities (5x 1000 donums). Interested investors must purchase the investment portfolio for 30 million Iraqi dinars […]
By John Lee. Iraq's National Investment Commission (NIC), in collaboration with the Ministry of Construction, Housing, and Public Municipalities, invites investment proposals for: the new Ur City in Dhi Qar Governorate This project spans 4,000 dunams and offers four investment opportunities (4x 1000 donums). Interested investors must purchase the investment portfolio for 30 million Iraqi […]
