Infrastructure & Finance news in South Kurdistan

[alan131210]

10/07/2012
 
ERBIL, July 10 (AKnews) – Energy giant GE has signed a contract with Mass Global investment company in the Kurdistan Region to supply two steam turbines in Erbil to increase the efficiency and output of the city's power plant.       

The turbines will be used to convert the plant from simple to combined-cycle operation to increase output by 500 megawatts, which will be enough for 100,000 households.

Mass Global chairman told Trade Arabia: “Mass Global continues to be at the forefront of meeting the power requirements of the Kurdistan Iraq region.”

GE Energy’s president Joseph Anis said the agreement reflects GE’s continuing commitment to support energy infrastructure growth in the Kurdistan Region and throughout the country.
The Erbil plant has been in operation since 2008 and has played a crucial role in responding to the growing power demands in the region.

[Rando]

Several Saudi companies have expressed a desire to invest in the Kurdistan Region.

Assaf Ben Nasser, President of Administration & Human Resources of the Western Region and General manager of several factories in Saudi Arabia, and Abdulaziz Ben Othaymeen, a Saudi businessmen, told Puk Media that the commercial, industrial and investment markets are attractive to Saudi investors.

Ben Nasser said that the Saudi companies are ready to cooperate with Kurdish businessmen and factory owners in the field of investments, services, housing, training, import and export.

PUK Media

[alan131210]

http://www.youtube.com/watch?v=Qdi88C5sJ8g&feature=plcp&hl=en&fs=1&rel=0&hd=1   

http://www.youtube.com/watch?v=ZsO3h3p0Ef4&feature=player_embedded#&hl=en&fs=1&rel=0&hd=1   

!

[alan131210]

11/07/2012

ERBIL, July 11 (AKnews) – A UAE trade delegation visited the Kurdistan Region to increase trade between both sides.

The Kurdistan Region's Minister of Electricity Yasin Shekh Abubakir welcomed the delegation headed by Abdullah Faiz al-Jubour from Slutan bin Khalifa bin Zaed Al Nahian's office, along with a number of UAE investors.

The delegation expressed its willingness to participate in investment in the electricity sector in the Kurdistan Region.

The minister promised to facilitate work for UAE investors and support them to come to the region and begin investments.

Abubakir discussed electricity developments in the region, according to a statement from the Kurdistan Regional Government.

The minister added that the region is a convenient ground for foreign companies to come and investment money in projects.

[alan131210]

11/07/2012

ERBIL, July 11 (AKnews) – The Kurdistan Region's Ministry of Agriculture and Water Resources is working to launch two fish projects in tanks in Kalak and Bchuk rivers for 24m IQD ($20,500).

The ministry's media secretary Azad Sabir said: "Each project consists of six pool tanks. Each side of the pool is 4 meters and will be 2 meters deep in the river.

"The ministry helps people do these projects and provides them with 50 percent of the fodders."

Sabir added that the Ministry of Agriculture started providing fish field owners with fish on June 20 and this will continue for a month.

Last year 250,000 fish were put in Bawa Shasuar Dam in Garmian and there will be significant production this year.

[brendar]

Alstom Grid has won 34 million euros ($41.8 million) contract to engineer and supply four 132/33/11 kV Air-insulated Switchgear (AIS) substations and one 132/33/11 kV Gas-insulated Switchgear (GIS) substation in Kurdistan.

Alstom said the package award from KAR Construction & Engineering Company also includes extensions and modifications of three existing area substations within the Dohuk Governorate.

Kar Construction & Engineering Company is part of Kar Group, a local and privately owned Iraqi company having diverse interests in turnkey projects, private power plants, oil refineries, oil pipelines and vehicle insurance. The Kurdistan Ministry of Electricity had floated several tenders under “Stage 6” for substations in Erbil, Sulaymania and Dohuk Governorates, said a statement from Alstom Grid.

http://www.kurdsat.tv/news.php?id=818&type=kurdistan

[alan131210]

ABB has won orders worth around $120m (£86m) from KAR Construction and Engineering Company to design and build a power plant and construct two 400/132kV high-voltage substations that will supply power to the Kurdistan.

The 640MW open-cycle power plant will use natural gas from the Khormala oil field and light fuel oil (LFO) as back-up to generate electricity from gas turbines.

Two 400/132kV high-voltage substations will help feed the power into Iraq’s regional and national grid, and also supply electricity to the Khormala oil field.

Kurdsat

[alan131210]

ERBIL, July 18 (AKnews) – A Lebanese company is preparing a tourism master plan for tourism places in the Kurdistan Region, announced the general director of Garmian tourism.

Pshtiwan Abdul Karim said in press conference: "The tourism board in the Ministry of Municipality and Tourism in the Kurdistan Region signed a contract to work on designing a master plan in the region.

"This project is important for Garmian. Following the completion of the master plan, Garmian tourism places will be added to the general directorate of Garmian tourism officially."

The official added that many travelers and tourists visit Garmian from Iran and the middle and south of Iraq every year, so that this master plan will serve these people.

[alan131210]

ERBIL, July 18 (AKnews)- Two new power generating units in Suli and Dohuk will be installed and will add 500 megawatts into the Kurdistan grid.

The contract for installing the appendixes of Suli' 750MW and Duhok's 500MW plants was signed yesterday by Kurdistan Electricity Minister Yasin Sheikh Abu-Bakir and Ahmed Ismael, chief of Mass Global Company.

According to the contract the company is to completely install Suli's unit in the two coming weeks and Duhok's unit early June.

Kurdistan power plants produce only 2,685MW while the demand is only 2,400MW, according to Omed Ahmed, central control director at the Ministry of Electricity.

Nevertheless, citizens in Kurdistan are not provided with full time electricity. Ahmed explained due to the high temperature the plants cannot produce the expected volume.

Recently Kurdistan Ministry of Electricity announced plans for exporting electricity by the beginning of 2015.

[alan131210]

20/07/2012 12:40
 
ERBIL, July 20 (AKnews)- Kurdistan Ministry of Trade and Industry  jointly with United Nations Assistance Mission for Iraq  (UNAMI) opened Project Development Center in Ministry's headquarters today.

The center counts as the first of its kind in the Kurdistan Region, said Minister Sinan Chalabi.

He added the center will allow for the Ministry to contact the European and especially Italian universities in order to benefit from their trade and industry expertise.

Chalabi said the Ministry has trained staff to work in the new center which in itself will be an educational and training center for the investors and will encourage them to put their assets in projects in Kurdistan. 

By Rebin Hassan
LL/AKnews

[brendar]

Says Labor Ministry

ERBIL, July 21 (AKnews) - The Kurdistan Regional Government's Ministry of Labor and Social Affairs announced that within the last two days 2,000 young people received small loans in the region.

Media secretary Abas Akram said so far 2,287 female and male were granted small loans.

Some 825 were from Suli, 600 from Erbil, 563 from Duhok and 299 from Garmian received the grant.

After submitting their projects, young people can receive a grant of up to 15m IQD. They can pay it back in monthly installments.

The small loans system was introduced two years ago in the region.


http://www.aknews.com/en/aknews/2/317944/

[alan131210]

Kurdistan Council of Ministers allocates special budget for Halabja



ERBIL, July 22 (AKnews) – The Kurdistan Region's Council of Ministers has allocated a private budget for implementing Halabja projects, said the Deputy Prime Minister.

This announcement came when Imad Ahmed welcomed a number of Halabja and Hawraman residents in Suli, according a statement from Kurdistan Regional Government.

Ahmed added: "A high delegation of the government will visit Halabja soon to see the progress of the projects and services in the city.

Ahmed mentioned the Kurdistan Regional Government's program in industrial, tourism and agricultural sectors, which benefit the entire region. Sharazour, Halabja and Hawraman will take advantage of these projects.

He also said: "We work for making Halabja a city in accordance with the country's constitution."

[unitedkurdistan]

Executive Focus: Sinan Abdulkhalq Ahmed Chalabi, Minister of Trade and Industry, KRG

http://www.youtube.com/watch?v=fO8aFHkZ0DU&hl=en&fs=1&rel=0&hd=1   

[Rando]

Executive Focus: Sinan Abdulkhalq Ahmed Chalabi, Minister of Trade and Industry, KRG

http://www.youtube.com/watch?v=fO8aFHkZ0DU&hl=en&fs=1&rel=0&hd=1   

is that interview new or old?
because in january this year i read on KRGs website that the growth rate in 2011-2012 was 12%

[unitedkurdistan]

Executive Focus: Sinan Abdulkhalq Ahmed Chalabi, Minister of Trade and Industry, KRG

http://www.youtube.com/watch?v=fO8aFHkZ0DU&hl=en&fs=1&rel=0&hd=1   

is that interview new or old?
because in january this year i read on KRGs website that the growth rate in 2011-2012 was 12%

I'm not sure because he didn't mention that a new airport is being built.