The Affiliation of Iraq to the United Nations Convention on Transparency in Treaty-based Investor-State Arbitration

Dr. Sami Al- Araji, NIC Chairman signed on the 13th of Feb.17 the affiliation of Iraq to the United Nations Convention on Transparency in Treaty-based Investor-State Arbitration (for the year 2014) at the United Nations headquarters in New York.

Iraq is the second Arab country that affiliates to the convention preceded by 18 international members.

NIC Chairman, and through a press interview, assured that this affiliation can be considered as a clear and important message to the world that Iraq is a main center for investment and construction in the middle east, stating that this convention is adopted by the United Nations in order to preserve investors’ rights transparently in case of the rise of any disputes between investors and states.

Al- Araji also declared that Iraq had issued a number of legislations that can protect capitals and investors willing to work in Iraq spearheaded by the investment law No. 13 for the year 2006, as amended which consists of privileges and incentives for investors in addition to signing important international and bilateral agreements.  

The signing ceremony was attended by the Permanent Representative of Iraq in the United Nations, Ambassador Muhammad Ali Al- Hakeem and the Legal Advisor in the Conventions Department of the United Nations, Ms. Anarka Hinojal.

 

 

Bismayah Registrars on payment basis of 100% / ِAl- Rafidain bank

 

 

 

BIsmayah Registrars on payment basis of 100% / ِAl- Rasheed bank

 

BIsmayah Registrars on payment basis of 100% / TBI bank

Bismayah Premiers payment shall be postponed until next week .

Regards

List announced recently are for those willing to buy a new housing unit in Bismayah New City distributed according to banks ready to receive their premiers.

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INVESTMENT OPPORTUNITY

ANNOUNCEMENT BY MINISTRY OF ELECTRICITY OF REPUBLIC OF IRAQ

For Operation and Maintenance (O & M) of ALDEWANYIA and ALMANSORYIA Gas Turbine Power Plants and TO DEVELOP to Combines Cycle on a (BOO) BASIS

Ministry of Electricity of the Republic of Iraq (MOE) hereby announces that it is issuing a Request for Proposal (RFP) in connection with the following Tender No., for the operation and maintenance of simple cycle Gas Turbine Power Projects and to convert the plan into combined Cycle on a (BOO) basis Build, Own, Operate.

Tender rules against non- refundable amount of (250,000) ID, two hundred fifty thousand Iraqi Dinar for each project to be paid against a receipt from the following address.

Ministry of Electricity / Office of Investment and Contracts – Tender Section , Al- Niqabat Street , Al- Mansour District, Baghdad, Iraq.

Interested parties should note the following:-

• MOE will enter Operation & maintenance Contract for simple cycle power plant in case MOE will accept to award the proposal for simple cycle, which remarked and should be present by the bidder.
• MOE will enter into Power Purchase Contract with the winning bidder for the production of the steam turbine units only, on a (BOO) basis.
• The term of the contracts will be 15 years from the commercial operation of the combined cycle power plant.
• Further details are to be laid out in the (RFP).
• Authorized representative should have authority letter to purchase the Tender Rules.
• Any further questions can be referred to : (32_contracts@moelc.org.iq)
• Closing time at 12 pm Baghdad local time for each tender :-
• Tender No. MOE-HQ-22/2016 ALDEWANYA Gas Turbine Power Plant (4 x 125) + 250 MW with closing date Jan.22nd 2017
• Tender No. MOE-HQ-24/2016 ALMANSORYIA Turbine Power Plant (4 x 180) + 360 with closing date Jan. 22nd 2017 .
• The winning Bidder will bear the announcement cost in the local newspapers.

                                                                                                                  Director General