Announcement

Investment opportunity in Roads and Bridges Sector

Design, implement, operate and manage of rehabilitation project to the road connecting entrance No. (5) of Bismayah City with Muhammad Al Qasim Highway

 

The National Investment Commission and the Ministry of Construction, Municipalities and Public Works / Roads and Bridges Department are pleased to announce an investment opportunity to design, rehabilitation, operation and management of the road connecting entrance No. 5 of Basmaya residential City with Mohammed Al Qasim Highway.We invite Iraqi, Arab and foreign companies with experience and specialization in investment to participate and submit their offers for this project in accordance with the Investment Law No. (13) for 2006 (amended). Interested companies in the project (Rehabilitation and widening the (Kut – Baghdad) road connecting entrance No. (5) in Basmaya residential City and the intersection of Mohammed Al Qasim Highway from the Army Canal Street inside the city of Baghdad with 20 km length . The project consists of two parts, the first is outside the borders of Baghdad and the second is within the borders of Baghdad).Terms and Conditions are attached to the advertisement in our website

www.investpromo.gov.iq

www.moch.gov.iq

Bids may be sent to the National Investment Commission by an authorized person provided with a letter of authorization signed by the CEO no later than eleven o’clock on the closing day (Sunday, 26/5/2019). No bid shall be submitted after the closing date, provided that the offer period shall be 30 days from the date of announcing this advertisement.

 

Arab and foreign companies that do not have a branch in Iraq can send their offers through the international express mail and deliver it before the closing date. In case of the closing date is an official holiday, the following official working day will be the closing date.NIC and the Ministry are fully prepared to provide possible facilities to visit the project site and both are pleased to respond to queries received through the e-mail addresses oss@investpromo.gov.iq andinvestment@moch.gov.iqFor more information, please visit the below websites www.investpromo.gov.iq www.moch.gov.iq Rules and regulations for advertising investment projects, including the following:

Regarding the technical part, the following information must be attached to the offer:

• Documents and data about the biding company with its professional biography and for other supporting companies and their nationalities.
• A list of similar previous works carried out by the company in the field of investment or other works.
• Determine the implementation period with a schedule that includes the business
• implementation program for all project items.
• Description of the tariff systems, mechanisms and management methods.
• Determining the proposed duration of project implementation.

 

An integrated technical and economic feasibility study for the project:

The technical aspect of the study includes but is not limited to the following:

• Project description
• Engineering design limits
• Geotechnical and hydrological study.
• Detailed traffic study.
• A study of the pavement layers of different sections of the road.

The economic study includes, but is not limited to the following:

Analysis of financial information to determine indicators of success or failure of the project and represent the cash flow table (capital assets – operational costs – project years (service age) with time change accounts and the expected interest rate on funds.The financial indicators of the project will be measured by the following criteria:

• Simple rate of revenue

Breakeven

• Recovery period of the invested capital
• Guaranteed methods of the cash flow
• Net current value of the estimated flows over the life of the project
• Net current value rate to the current investment rate
• Internal revenue rate
• Sensitivity factor for the financial analysis inputs
• financial analysis as in paragraph 1 “annex”
• Investment period
• Tariff
• The governmental share
• Insuring investment funds

With regard to the company’s obligations and documents, the following information must be provided:·          The company’s registration certificate (colored copy) certified by the concerned authorities for the national companies valid for the current year. The Arab and foreign companies shall be authenticated by the Iraqi Embassy in the country of incorporation and the Ministry of Foreign Affairs valid for the current year.·         The financial status of the company and its financial efficiency supported by a solid bank.·         The winning company shall pay the cost of the publication and the last announcement.

 

The data and information for the project are as follows:1.      Introduction to the project / importance of the project – the service provided by the product.2.      Historical background of the project / date of the idea and the beginning of its implementation – the year of listing.3.      Project data, including the project site, positioning with GPS and aerial imagery of the site.

Note: The investment project application form prepared by the National Investment Commission and the data and information contained herein are considered to be an integral part of the data referred to above.

 

 

 

 

Investment opportunity/ Al- Nasiriyah International Airport 

Due to the historical heritage Thi Qar province enjoys, which goes to thousands of years back and admired by many countries around the world, the need for building the Nasriya International Airport is of great importance in order to open Nasriya to the world.

The NIC announces with coordination with the Civil Aviation Authority the investment opportunity to build Nasriya International Airport according to investment law number 13 for 2006 (amended), and the general, international, technical, and operational requirements to establish civil airports stipulated in the International Civil Aviation Organization (ICAO).

The airport is located to the south – west of Imam Ali (PBUH) air force base in Thi Qar province as shown in chart (1). Area of the Passengers terminal structure is 3000m² as shown in chart (2).

Interested foreign and local companies can apply by filling the investment licenses available on our website and submit all required documents to our email address info@investpromo.gov.iq within 15 days from the date of announcing this advertisement.

For more information, please contact the Civil Aviation Authority head quarter

Baghdad International Airport/ third floor

info@icaa.gov.iq

P.O Box: 23006 BIAP

 

 

16.04.2019

Announcement for the first time 

Investment opportunity for the rehabilitation of the plants of the

State Company for Phosphates within all its facilities: Our company ” The State Company for Phosphates” as one of the affiliates of the Iraqi Ministry of Industry and Minerals  is pleased to invite all investors and international, Arab and Iraqi companies specialized in the field of fertilizer industry to rehabilitate our industrial plants. Offers may be accepted from any other companies, financial or commercial institutions, investors or capital owners with accompanying documents and cooperation, authorization, agency or participation of companies specialized in the establishment and operation of fertilizer plants  on that:1.     A minimum period of (2) years has passed since its establishment.2.     Submit its documents of incorporation certificate and financial statements (in English for non-Arab companies) for the last two years and approved by the office of a chartered accountant or international auditing company. All documents must be authenticated by the Embassy of the Republic of Iraq in the country of the company.3.     Presenting publications or leaflets on their similar work.4.     Submit a letter of support from the banks of the honest support financial efficiency or dealings with the disclosure of support for money and deposits for the last fiscal year certified for Iraqi companies inside Iraq or the Embassy of the Republic of Iraq in the country of non-Iraqi companies.5.     Offering company  must show its technical capabilities and plans to qualify and develop existing products or enter new products.6.     Provide a list of machines or production lines, number and tools and readiness for technology transfer and training with the details of the amounts allocated for each paragraph, with emphasis on the new equipment and production lines brought in from a reliable and trustworthy origin.7.     The contract is subjected to the Iraqi laws The jurisdiction of the Iraqi judiciary in the resolution of disputes and problems that may arise after signing the contracts and legal legislation to resolve the dispute, if any.8.     Provide a letter of guarantee in the amount of (100000000 $) a hundred million dollars to ensure the implementation of general obligations and the amount of the letter of guarantee shall be reduced by 50% of the value of each batch of machines or equipment that is processed to the company in accordance with the agreed contract up to the amount equivalent to the salaries of  the company employees for three months and is agreed to be operated by the second party.9.     A registered branch must be opened in Iraq at the time of the contract and duly registered with the Registrar of Companies within a period of (3) months from the date of signing the contract or a branch of the international companies specialized in the field of fertilizer industry or establishing an Iraqi company according to Iraqi laws. This is a contract extension.10.      The companies, financial institutions and other non-industrial entities referred to above shall be covered by the submission of paragraphs (4,3,2,1) in addition to the manufacturer’s documents in (6,5,3,2,1) above.Those wishing to participate in this opportunity should obtain a copy of the integrated investment file from the office of the company located in Baghdad – Yarmouk – Locality 608 – Street / 15 / House no. / 9,  for a non-refundable amount of (500,000) five hundred thousand Iraqi dinars .Offers shall not be open until 30 days have elapsed from the date of publication of the advertisement. In the event of one or more offers during the above period, the advertisement shall be stopped for the purpose of studying and analyzing the offer or offers submitted for the recommendation. If no recommendation is reached, Up to (30) days and the same mechanism approved in the above and continue for a period not exceeding one calendar year from the date of the first publication.§  Our company undertakes to provide all the technical information, details and facilities necessary for the facilities and facilities of the company as well as ensure field visits to the company’s site in Anbar province – Qaim district – and  Akashat Phosphate Mines location.§  Offers must be submitted in accordance with the conditions mentioned above and the investment file must be in three parcels (technical offer package + commercial offer package) + package for the required documents, including the purchase of a copy of the investment file.§  Bids shall be deposited in the tender box at the company’s office in Baghdad. In case of coincidence, the closing day an official holiday .Tender box will be closed on the first day following the official working days.§  The advertisement will be effective as of Monday, 1/4/2019.§  To answer the inquiries about the investment opportunity and for further inquiry please visit the company’s website and contact details below:o   Website address: www.phosphate.industry.gov.iqo   Email phosphate .alqaim@gmal.como   General Manager: 009647902179677o   Rehabilitation Manager: 009647809840148o   Commercial Manager: 009647823495043 Note: Offers must be submitted in accordance with the conditions stated in the investment file (commercial – legal – financial) and the winning company shall bear all the fees of publication and advertising.

 

 

 

 

 

 

         Fizaa Z. Khalaf

                                                                                                

  Acting  Director General