The United Nations Development Programme (UNDP) is rehabilitating 15,000 houses in West Mosul, bringing the total number of houses in its stabilization portfolio to more than 30,000 – the largest of its kind in Iraq. The project in West Mosul covers 29 neighbourhoods that were hardest hit during the fight to liberate the city from […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. In Iraq, reconstruction remains a daunting obstacle to displaced people returning home. The government has allocated money and established commissions for people to file for assistance. But there is little sign of that […]
The EU has announced an additional €30 million in humanitarian assistance. Another €20 million in development funding will contribute to the reconstruction of the country's cultural heritage, as well as the creation of jobs and opportunities for vulnerable youth. The announcement was made by Commissioner for Humanitarian Aid and Crisis Management Christos Stylianides (pictured), on […]
By John Lee. Turkey will reportedly provide around $5 billion in loans for the reconstruction of Iraq. According to Anadolu Agency, Foreign Minister Mevlut Cavusoglu (pictured) told a meeting in Istanbul on Sunday: “We will provide $5 billion credit ... We have already begun coordination of these works for the reconstruction of Iraq,” (Source: Anadolu Agency)
A new UK aid package is to help the Government of Iraq to reinvigorate its economy and rebuild hospitals, schools and other vital infrastructure, allowing Iraqis displaced by conflict to return home and restart their lives, UK Minister for the Middle East Alistair Burt announced during a four-day visit to Iraq. The UK is the […]
By John Lee. Business leaders in Jordan have reportedly welcomed increased access to Iraq’s $88.2-billion reconstruction efforts. According to a report from Jordan Tmes, a recent agreement to grant Jordanian construction contractors equal status to their Iraqi peers was described as “a God-sent miracle” by engineer and board member of the Jordan Construction Contractors Association (JCCA) […]
His Excellency Prime Minister Adil Abd Al-Mahdi expressed his country's pride in the level of relations with Japan, commended the Japanese government for its support in the fields of security, stability, reconstruction projects, economic and cultural cooperation. His Excellency said during his reception to the Japanese Prime Minister's Special Adviser Kentaro Sonoura and his accompanying […]
EU Signs Contracts of 57.5 Million Euros with UN to Support Mosul Recovery, Promises Additional 20 Million Euros Next Month A delegation from the United Nations in Iraq and the European Union Mission to Iraq yesterday toured a number of EU-funded and UN implemented projects in Mosul, seeing first-hand the clearance, stabilization, rehabilitation and development […]
The European Union has adopted today a €56.5 million package to promote sustainable job creation and strengthen support to refugees, internally displaced populations and their host communities in Iraq. This brings the total EU development assistance mobilised in favour of Iraq in 2018 to €129 million and it is part of the €400 million pledged […]
By John Lee. Iraqi President Barham Salih has told an international conference in Rome that Iraq will remove any impediments to Iraqi and foreign private sector companies, as well as international financial institutions, donor countries and sovereign wealth funds, to invest in major infrastructure projects in the country. He added that these projects may include […]
UN-Habitat and UNESCO presented the Initial Planning Framework for Reconstruction of Mosul On 15 November 2018, the United Nations Human Settlements Programme (UN-Habitat) and the United Nations Educational, Scientific and Cultural Organization (UNESCO) presented the Initial Planning Framework for the Reconstruction of Mosul, offering perspectives on how to ‘Build Back Better’ the city for the […]
Aiming for more sustainable options for dealing with the huge amounts of rubble borne out of the ISIL conflict, municipalities of around half a dozen devastated cities in western Iraq explored opportunities to establish debris recycling centres to help advance recovery efforts at a two-day workshop held in Ramadi’s Anbar University on 7-8 November 2018. […]
