Monday, August 13, 2007
South Korean consortium signs Kurdistan construction deals worth $25 bn.
Kurdistan
(AFP) - A South Korean construction consortium announced Friday it has signed interim deals worth 25 billion dollars to build dams, highways and houses in Iraqi Kurdistan. The 13-company consortium said it signed a memorandum of understanding with the government of the automomous region in late July in Arbil, where about 1,200 South Korean troops are stationed.
"A deal to build houses and highways was signed with the Ministry of Construction and Housing of the Kurdish government on July 21, and another deal to construct dams was signed with the Ministry of Water Resources on July 24," James Chun, an official at the consortium, was quoted by Yonhap news agency as saying."We will enter into a formal contract to construct houses and highways within six months, and another one to build dams within 18 months.
"Under the deal the South Korean firms will construct houses, five multipurpose dams and highways spanning 182 kilometres (114 miles) to link Arbil with the border city of Zakho, Chun said.The consortium includes Hyundai Engineering and Construction, Sungwon Corp, Posco Engineering and Construction, Hanshin Construction and Dongmoon Construction.The South Korean troop contingent, the third largest in the US-led coalition, provides medical services and builds roads, power lines and schools.The Seoul government has yet to decide whether to extend their stay or withdraw them.
Labels: construction, Dongmoon Construction, Hanshin Construction, Hyundai Engineering and Construction, James Chun, Kurdistan, Posco Engineering and Construction, South Korea, Sungwon Corp
Thursday, July 19, 2007
Versar, Inc. awarded $24.9 mn. Iraq task order
Contracts
(Yahoo biz) - VERSAR, Inc. announced Monday that the U.S. Air Force Center for Engineering and the Environment (AFCEE) awarded a $24.9 million task order modification for continued Construction Management and Quality Assurance operations in Iraq. This modification will fund Versar's international operations, Versar International Assistance Projects (VIAP) to provide engineering support, construction management and quality assurance operations in Iraq through January 31, 2008.
This award represents one of the largest awards ever given by AFCEE for Architecture/Engineering services and the second highest award ever received by Versar. Under this task order modification Versar will provide AFCEE with a full level of construction management services. VIAP has over 250 Americans, third country and local nationals providing construction management, quality assurance, engineering studies, feasibility and site assessments for well over 100 project sites throughout Iraq. Versar also provides technical training and certification to improve the quality of projects and increase the level of expertise of engineers within Iraq.
VERSAR, INC., headquartered in Springfield, VA, is a publicly held infrastructure program management company for the Federal Government and the commercial market specializing in homeland defense, engineering and construction management, environmental health and safety and the management of toxic and hazardous materials.
VERSAR, INC., headquartered in Springfield, VA, is a publicly held infrastructure program management company for the Federal Government and the commercial market specializing in homeland defense, engineering and construction management, environmental health and safety and the management of toxic and hazardous materials.
Labels: AFCEE, construction, Iraq, task order, Versar Inc., VIAP
Wednesday, April 25, 2007
KRg and Dubai company to build $400 mn 'media city'
Kurdistan, Commerce, Media, Construction
(Reuters) - The Iraqi Kurdish regional government and a Dubai firm are to build a $400 million (around Dh1.4 billion) "media city" in Arbil, officials said. International television networks will be attracted to the stable Kurdistan region because worsening violence stopped them having offices in Baghdad, they said.
Under the deal to create the Arbil City Media Company, the regional government will have a 60 per cent stake and the Dubai sound TV and Cinema Production company a 40 per cent stake. Start-up capital will be $40 million (around Dh147 million). The company, which will oversee the creation of a complex of television studios, hotels, shops and housing, will then be open to shareholders. Anwar Al Yasiri, an Iraqi who runs the Dubai company, said his firm and a British company would build the complex in a northern Arbil suburb within two years.
Opportunities
"The philosophy of the government to support such a project is to create job opportunities for the sons of the area and to support and develop the tourism and media city sectors," Civil Society Affairs minister George Mansour said. Mansour helped establish Iraq's media network after Saddam Hussain's fall in 2003. The project will include a television transmission and re-transmission centre with a capacity for up to 120 stations.
Under the deal to create the Arbil City Media Company, the regional government will have a 60 per cent stake and the Dubai sound TV and Cinema Production company a 40 per cent stake. Start-up capital will be $40 million (around Dh147 million). The company, which will oversee the creation of a complex of television studios, hotels, shops and housing, will then be open to shareholders. Anwar Al Yasiri, an Iraqi who runs the Dubai company, said his firm and a British company would build the complex in a northern Arbil suburb within two years.
Opportunities
"The philosophy of the government to support such a project is to create job opportunities for the sons of the area and to support and develop the tourism and media city sectors," Civil Society Affairs minister George Mansour said. Mansour helped establish Iraq's media network after Saddam Hussain's fall in 2003. The project will include a television transmission and re-transmission centre with a capacity for up to 120 stations.
Labels: Anwar Al Yasiri, Arbil, Arbil City Media Company, construction, Dubai sound TV and Cinema Production company, KRG, media
Friday, April 20, 2007
$5 mn airport for Kirkuk
Construction
(Azzaman) - The provincial council in Kirkuk has allocated $5 million for the construction of a new airport in the province. The oil rich city of Kirkuk is the capital of the province and is currently a bone of contention between various Iraqi ethnic groups due to its massive oil reserves. The airport is one of 52 other projects the council plans to implement in the province this year. They include water purification plants, pavement of roads, parks, housing schemes and other public service projects.
Labels: airport, construction, Kirkuk
Wednesday, April 04, 2007
Versar Inc. receives $2.3 mn task order for border forts
Contracts
(PortAl Iraq) - Versar, Inc. announced today that the U.S. Air Force awarded Versar a $2.3 million Task Order to inspect and provide corrective plans for a large number of border forts in Iraq. This award expands Versar's existing construction management and quality assurance work for the Air Force in Iraq and is part of the joint U.S.-Iraq initiative to enhance security along Iraq's border. The work is expected to be completed by July 2007.
Versar President and CEO Ted Prociv said: "I am pleased with the expanded role Versar was selected for by this important infrastructure assignment. This occurred because of the outstanding work by Versar's team in Iraq and the Philippines in an extreme and harsh environment. This award is the first of many more infrastructure project management assignments Versar and VIAP, its international subsidiary; expect to see in the coming months from our expanded marketing efforts in the Middle East, Asia and the Pacific Rim."
Versar President and CEO Ted Prociv said: "I am pleased with the expanded role Versar was selected for by this important infrastructure assignment. This occurred because of the outstanding work by Versar's team in Iraq and the Philippines in an extreme and harsh environment. This award is the first of many more infrastructure project management assignments Versar and VIAP, its international subsidiary; expect to see in the coming months from our expanded marketing efforts in the Middle East, Asia and the Pacific Rim."
Labels: border forts, construction, Ted Prociv, U.S. Air Force, Versar Inc.
