Why Construct Iraq
- The show is the only Ufi approved international construction event in Iraq
- Supported by Iraqi and international community
- Gateway to Iraq market
- Traditional platform for local investors
- Time-efficient trade tool for exhibitors and visitors
- Opportunity to be a part of 88 billion USD worth of Iraqi reconstruction projects.
- Expand your business across all of Iraq
Iraq Construction Industry
- The local manufacturing of building materials is insufficient, and the materials are being provided by import.
- The main supplier countries of cement are Turkey and Iran.
- In the Ceramic Industry Spain and Turkey's products are preferred,
whereas in sanitary wares; Egypt, UAE, and Turkey's
products are most sought after.
- Apart from Turkish products, products from Italy, Greece, China, and
Pakistan are also generally available.
- Iraq needs the construction of nearly 2 million new houses.
- The total length of Iraq’s highways is 42,000 km, 85% of which are asphalt roads. According to the Ministry of Transport, a total amount of $ 40 billion in
investment is required for the renewal of the transport infrastructure
and the elimination of deficiencies.
- It is planned that the Arabian Gulf will serve as a docking station
for ships coming from China and have their goods
exported to Europe via Turkey.
- The construction industry in Iraq has been a major driver of economic growth and development in recent years, as the country continues to rebuild and recover from the devastation caused by years of conflict and instability. The industry has seen significant investment from both domestic and foreign investors, as well as government-led initiatives aimed at improving infrastructure and creating jobs.
- One of the main drivers of growth in the construction industry in Iraq has been the reconstruction of critical infrastructure such as roads, bridges, airports, and housing. The government has allocated significant funds towards rebuilding these essential structures, with the aim of improving connectivity and quality of life for the Iraqi population.
- Foreign investment has also played a key role in the development of the construction industry in Iraq, with companies from countries such as Turkey, Iran, and the Gulf states playing a significant role in building new infrastructure projects. In addition, international organizations such as the World Bank and the United Nations have also provided funding and technical expertise to support reconstruction efforts in the country.
- Overall, the construction industry in Iraq has made significant strides in recent years, but there is still much work to be done in order to fully realize the potential of the sector. Continued investment, improved regulatory frameworks, and efforts to combat corruption will be key to ensuring the long-term growth and sustainability of the construction industry in Iraq.
Energy and Power
- It is planned to construct new power plants (various types) with a capacity of 9.200 MW in Iraq.
- Iraq currently generates about 8,000 MW
of electricity yet it needs 14,000 to 15,000 MW (However it is predicted that the need would rise to up to 22,000 MW if industrial plants
and other investment projects come into operation.)
- According to another assessment, the country’s need for electricity will be 23,000
MW by the year 2030. Approximately 7.6 hours of electricity can be supplied from the public network to homes. The average use of
electricity with special facilities (generators) is up to 15-16 hours. However, the average usage goes up to 19 hours in Basra and 18 hours in
Muthanna. This includes Ministry projects, as well as power generation, next to transmission and distribution projects.
- Global companies such as
GE, Siemens, and Alstom, as well as companies from China, Turkey, and Iran have undertaken the construction of power plants in Iraq.