Home » Press Releases tagged ‘baghdad

Iraq eyes 8 foreign firms for $3bln metro project

May 29, 2010 | Author: | Posted in Real Estate Transactions

BAGHDAD, – Iraq has shortlisted eight foreign firms for the construction of a $3 billion metro rail through the capital Baghdad as it seeks to rebuild infrastructure damaged by decades of war and underinvestment. Baghdad Invest Founder Jamie Johnson “The metro rail will help to solve a big part of the problem in Baghdad’s streets, …

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Iraq-Turkey railway link re-opens

February 26, 2010 | Author: | Posted in Leisure & Tourism

The first train service in decades has set off from northern Iraq to Turkey. Both countries hope the re-opening of the historic rail link will contribute to the fast-growing trade between them. Germany began building the Berlin to Baghdad railway a century ago, hoping to open a route through Turkey to the Gulf. It took …

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baghdad invest – interest is on the rise!

January 23, 2010 | Author: | Posted in Construction & Building

A serious shortage of residential property in Iraq due to years of war, neglect and insufficient investment needs billions of dollars of foreign investment, officials admit. A new report from the United Nations shows that Iraq’s total housing stock is around 2.8 million homes and another 1.5 million are needed while more than half of …

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