By John Lee. Iraq's Minister of Industry and Minerals, Mohammed Nouri, received his Jordanian counterpart, Minister of Industry, Trade and Supply Yarub Qudah, along with an accompanying delegation, on Thursday. The two sides held a meeting to discuss ways of strengthening industrial and trade cooperation, and expanding joint coordination in areas serving the shared interests […]
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 […]
By John Lee. The Kurdistan Regional Government (KRG) has issued a report on road and bridge projects undertaken in the Region for the period July 2019 to May 2026. Key achievements include: Implementation of 810 vital road and bridge projects with a total cost exceeding 1 trillion Dinars. Rehabilitation or construction of over 3,000 km […]
By John Lee. Iraq's Council of Ministers has amended Decision No. 1008 of 2024, which concerns the construction of the Basra-Haditha pipeline. According to a statement from the Prime Minister's Office, the amendment permits the General Company for Iron and Steel, part of the Ministry of Industry and Minerals, to adopt an external manufacturing route […]
By John Lee. Iraq has formed a special committee to oversee the Basra-Haditha multi-directional oil pipeline project, following a meeting chaired by Prime Minister Mohammed Shia' Al-Sudani. The committee will be headed by the Under-Secretary of the Ministry of Oil and will include relevant advisers to the Prime Minister as well as directors-general from the […]
By John Lee. The Iraqi government has approved a revision to its previous decision on the Basra-Haditha crude oil pipeline project, enabling a direct invitation process for participating companies. Under the amended Decision No. 578 of 2025, the Ministry of Oil will invite specialised and interested companies to submit bids for the project, rather than […]
By John Lee. The South Gas Company (SGC) has launched an accelerated project to increase gas processing and supply in Basra, aiming to boost national energy output and support electricity generation. The project, implemented in cooperation with the State Company for Oil Projects (SCOP), will add 600 tonnes per day of liquefied gas to national production […]
By John Lee. Gocay Insaat of Turkey has been granted an additional extension to enable it to issue the required bank guarantee for the infrastructure project in Samarra. According to the Prime Minister's Office, the Cabinet approved the extension to allow the company to complete the procedures for obtaining the guarantee from the relevant banks […]
By John Lee. The International Finance Corporation (IFC), a member of the World Bank Group, is investing in Aloreen Company for Investments Limited to finance new port equipment and expand capacity at Umm Qasr, Iraq's only deep-water port. The financing package will support the procurement of: Four ship-to-shore cranes; Ten rubber-tyred gantry cranes. The investment […]
By John Lee. An Iraqi-Emirati consortium is reportedly planning a $700 million subsea and terrestrial data cable linking the United Arab Emirates to Turkey via Iraq. Branded WorldLink, the project comprises Tech 964 (T964), headed by Ali Elakabi [ALMCO, Amwaj International], Iraq-based DIL Technologies and UAE-based Breeze Investments. Click here to read the full article […]
By John Lee. The Ministry of Electricity is moving to deepen its strategic partnership with General Electric (GE) of the United States, as part of plans to add up to 24,000 megawatts of new generation capacity and strengthen the national power system. The Director General of the Planning and Studies Department, Hussein Badr, chaired a […]
By John Lee. A memorandum of understanding (MoU) has reportedly been signed for a 30MW waste-to-energy plant in Babil. According to Shafaq News, companies involved include UK-based IM Power, headed by Gordon Dickey; German company SIMS; and Turkish construction company ESTA. The full article can be viewed here.
