Basra Airport Renovation Begins
Basra council decided this week to renovate and upgrade Basra International Airport as part of preparation to host the Gulf Cup in 2013, reports AKnews. The airport is Iraq’s second biggest. Jabbar...
View ArticleGreen Energy, Medicine and Education
A Turkish company’s proposals for new schools, rebuilding infrastructure, more local energy and medical facilities is likely to be accepted by the local government in the region of Wasit, south-east of...
View ArticleIraq Future Energy 2011
The Iraq Future Energy Conference will be hosted in Istanbul, Turkey, from 26th September to 29th September. There is a full programme to demonstrate how energy and infrastructure companies can take a...
View ArticleBaker Hughes Wins Drilling And Completions Contract
The drilling and completions contract covers 23 wells in the West Qurna phase two field. LUKOIL has awarded Baker Hughes a two-year contract to provide full drilling and completion services for 23...
View ArticleIraq’s $70bn Railway Project
Iraq is to get high-speed trains linking the provinces, a senior official at the Ministry of Transport said. Talking to Aknews, deputy transport minister Bangin Rekani explained their desire for...
View Article$400m Housing In Baghdad
More housing is to be built in Baghdad, as two deals for 2,000 homes apiece were signed for a total of USD365m. Kar Construction & Engineering will build 2,016 homes in the north of Baghdad over...
View ArticleSiemens Wins $129m Contract To Supply Gas Turbines And Generators
Siemens will supply Khormala gas turbine power plant in northern Iraq with four SGT5-2000E gas turbines and four SGen5-100A generators along with the associated auxiliary and ancillary systems. The...
View ArticleAncient Babylon To Be Restored For Tourists
Babylon Province is to receive 100bn dinars ($85m) as it is named Iraq’s archaeological and historical capital. Prime Minister Nouri al-Maliki approved the funding for reconstructing historical sites,...
View ArticlePetrofac Results and Operational Update
By John Lee. In its final results announcement this morning, Petrofac gave the following update on its operations in Iraq: Maintenance services, Iraq In August 2013, we were awarded a second contract...
View ArticleBelgian Firm Completes Kufa Water Facility
By John Lee. Belgian sewage and water treatment firm Turbo4bio have announced the completion of the new waste water treatment plant at Kufa. The 50,000 cubic meter per day capacity installation...
View Article1500 Housing Unit Development Planned for Baghdad
By John Lee. Baghdad governor Ali al-Tamimi has announced the completion of a plan for 1500 new housing units in the Baghdad governorate. The moves comes as the Iraqi government recently announced it...
View Article259 Foreign Firms in Erbil Construction Fair
The Second Fair for Municipalities, Constructions, and Ceramics was opened on Monday, 12th July, in Erbil city. “The fair will last for one week,” a source from the fair told Aswat al-Iraq news agency...
View ArticleIraq’s Building Boom
Scaffolding is creeping up the walls of bullet-scarred villas across rubble-strewn Baghdad, and gangs of labourers are piling up bricks as growing security allows a mini-construction boom to take hold...
View ArticleAir Expansion Continues with Airport and Route Growth
More than $150bn of airport and logistics infrastructure is being considered, according to estimates reported by AME Info FZ. Interested bidders include British Aviation Group, German Airports Group,...
View ArticleKurdistan Development to Continue Unabated
Urban and economic progress in Kurdistan continues with many relatively stable areas and regional policy both being attractive to foreign investment. Developments in oil, too, will not be affected by...
View Article$900m Power Plant Contracts Awarded
Iraq is to get new power plants in order to boost its energy capacity by 2,500 megawatts, reports Reuters. This will significantly add to its meagre total current production, which is around 5,500...
View ArticleKarbala Gets More Money for Investment
The city of Karbala in central Iraq has stretched its 90bn-dinar budget ($75m) to hundreds of investment projects and has now been granted another 12bn dinars ($10m) by Iraq’s Finance Ministry. As our...
View Article100s More Companies in Iraq
Kurdistan’s sixth international trade fair in Erbil opened on Monday with 850 companies from 25 countries. Hundreds of companies are at the fair for the first time. Albert Awun of EFB Arak, which...
View ArticleIraq Wants Hundreds of US Billions
…and it looks like it is going to get it. Iraq has lofty investment targets for the next five years. Sami al-Araji, chairman of Iraq’s National Investment Commission, told Reuters: “We’d like to go...
View ArticleIraq Rises as Western Nations Fall
Iraq’s developing situation continues to astound me when I contrast it with much of the west. Take the UK, where Prime Minister David Cameron has on 20 October announced £81bn ($127bn) of cuts from...
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