Tag Archives | reconstruction

Germany to Lend Iraq $566m

By John Lee. Germany has agreed to lend 500 million-euros ($566 million) to Iraq to help rebuild the country's infrastructure. At a meeting with Iraqi Prime Minister Haider al-Abadi in Berlin, Chancellor Angela Merkel said Germany also wants to help with the demining of cities and towns in Iraq so that the country's 3 million internally […]

Norway Contributes Funding for Rehabilitation

The Kingdom of Norway has contributed an additional US$2.8 million to UNDP’s Funding Facility for Immediate Stabilization (FFIS), which finances fast-track initiatives in areas liberated from the Islamic State of Iraq and the Levant (ISIL). This is the second contribution from the Kingdom of Norway in recent months, and will be dedicated to restoring livelihoods […]

After Liberation, Iraqi Cities Await Reconstruction

By Mustafa al-Kadhimi for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The year 2015 saw the liberation of several areas of Salahuddin (Tikrit) and Anbar (Ramadi - pictured) provinces from the grasp of the Islamic State with operations toward that end ongoing. Yet, to date […]

Japan Lends Funding for Water Treatment

By Simon Kent. Japan will extend a loan worth "billions" of Yen to construct a water treatment facility in Samawah, southern Iraq. According to the Japan Today, the southern city of 300,000 people currently lacks adequate treatment facilities. Between 2003-04 a contingent of Japanese troops were stationed in the city, and the new loan represents […]

Can China Do More For Iraq?

By John Lee. China expert Simone Van Nieuwenhuizen has written an opinion piece for The Diplomat, a foreign affairs journal that covers events in Asia. She argues that it would be in China's interests to do more for Iraq. In the piece, Van Niewenhuizen notes that not only has China been threatened by the Islamic State of […]

Video: Billions of Dollars Wasted in Iraq

From Jewish News One. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. A decade after the US-led invasion of Iraq, and despite USD 60 billion in taxpayer funds for development, the country is still unstable and according to Stuart Bowen, US Special Inspector General […]