Tag Archives | Transport

DFC Eyes Iraqi Market with Investment Finance Package

By John Lee. Meetings between Iraqi Prime Minister Ali al-Zaidi and US International Development Finance Corporation (DFC) chief Ben Black took place in Washington on Wednesday. The discussions covered opportunities for cooperation in infrastructure reconstruction, project finance, and development planning across energy, transport, agriculture, the digital economy, and services sectors, according to the Prime Minister's […]

Baghdad Metro: IDF Requires Clarification before Project can Start

By Rula Wathiq, for Al-Sabaah. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. A Roadmap for the Baghdad Metro Project The Iraq Development Fund (IDF) has identified 34 points that must be studied before the Baghdad Metro project is launched, stressing that these points […]

$900m World Bank Financing for Iraq Road Corridors

By John Lee. The World Bank has approved a $900 million financing package to rehabilitate and expand key road corridors in Iraq, with the aim of improving domestic mobility, regional integration, and job creation. The Board of Executive Directors approved the Iraq Transport Economic Corridors (ITREC) project on Thursday. According to the World Bank, the […]

Grand Faw Port Tunnel Completed

By John Lee. A mass public vehicle crossing has taken place inside the submerged tunnel at Al Faw Grand Port marking what the General Company for Ports of Iraq (GCPI) has described as a historic milestone in the development of one of Iraq's most complex engineering projects. According to the Iraqi News Agency, the crossing took […]

Iraq TIR Freight Exceeds 1,000 Transits in Nine Weeks

By John Lee. Iraq's General Company for Road Transport, a subsidiary of the Ministry of Transport, has recorded more than 1,000 international freight journeys under the TIR (Transports Internationaux Routiers) system since the beginning of March 2026 through to 10 May, a development the company says reflects growing confidence in Iraq as an international transit […]

Temporary Opening of Iraq's Longest Bridge

By John Lee. A temporary opening has been announced for the Hamrin concrete bridge in Diyala province, following completion of 90 percent of construction works. According to the Ministry of Construction, Housing, Municipalities and Public Works, the decision was taken to facilitate movement after rising water levels in the nearby lake caused damage to an […]

New TIR Freight Corridor Linking Turkey, Iraq and Saudi Arabia

By John Lee. Iraq's General Company for Land Transportation (GCLT) has successfully completed a trial freight journey under the TIR system along a new corridor linking Turkey, Iraq, and Saudi Arabia. The route runs from the Ibrahim Al-Khalil border crossing to the Arar crossing, with the trial completed within the planned schedule and without reported […]

KRG Completes 172 Road Projects in 2025

By John Lee. The Kurdistan Regional Government has said it completed 172 road projects in 2025, strengthening transport infrastructure across the Kurdistan Region with a total investment of IQD 92,463,000,000 (approximately USD 63.4 million). The works comprised new road construction, as well as rehabilitation and asphalting of existing routes, spanning all governorates and self-administration districts. […]