Iraqi Government has budgeted 100 billion USD for 157 Construction projects.
Worth of power plantdevelopment, technological revision and maintenance tenders won by the General Electric (GE)
Iraqi Government hasbudgeted 6 billion USD for 85,000 residence construction project.
Hospital project by Acarsan Holding, worth $ 200 million, will be the largest hospital in Iraq operating for the last 30 years.
IRAQ BUILD International Construction and Construction Materials Exhibition will take place in Bagdad, Iraq between 11-14 June 2019.
Iraq makes immense efforts to increase the production and waiting for international investment. Iraq is a country where many developed countries compete with each other for the share of the projects and tenders. According to Iraq Ministry of Construction and Housing, Iraq needs foreign companies, investors for school, hospital, road, bridge, housing and infrastructure projects.
Iraq is in the process of restructuring, has high potential and having a suitable environment for foreign investors in the country. Because of the restructuring process, it is anticipated that the construction materials, construction machinery and equipment market, especially cement, will continue to be dynamic in the coming years. According to Iraq Ministry of Planning, Iraq needs $ 100 billion in restructuring. Business friendly climate, duty free access and competitive labour costs have successfully created new investments and employment opportunities.
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