Browse the complete Report on: Iraq Infrastructure Report Q3 2010
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Iraq’s infrastructure sector continues to be the main focus of reconstruction efforts in the country. While the electricity sector continues to take centre stage, progress is being made in the transport sector, especially in the railways sector, where tenders are under way for new projects.
In May 2010, the government announced a new target for the electricity sector, to generate 27,000 megawatts (MW) of electricity by 2013. With current nameplate capacity standing at around 15,000MW, this includes almost doubling capacity in three years. This target is ambitious to say the least. The plans revolve around installing the turbines purchased from General Electric (GE) and Siemens in 2009. In an effort to set the ball rolling, tenders have been released for installing 28 of the 72 turbines purchased. The tenders appear to be progressing well, but as always with Iraq, there are concerns over funding for the projects, and smooth running of the tender. Another concern is the ability to exploit the gas reserves, which will be required to power the turbines – this is reliant on bidding rounds for the fields going smoothly and a large deal with Shell to capture flared gas going through.
There is increasing pressure for the government to improve the electricity supply. Soaring temperatures over the summer months have resulted in protests over harsh power rationing imposed to preserve what little electricity is generated. These protests have at times turned violent, and culminated with the Electricity Minister, Karim Wahid offering his resignation in late June. The violence illustrates the continued social unrest in the country, and the ease with which the security risk can escalate, something which is also illustrated by the violence linked to the elections in March 2010.
Although the electricity sector has been the main focus of the infrastructure sector over the past year, reconstruction efforts in the transport sector have been progressing steadily. Eight bidders have been shortlisted for the Baghdad metro project, and plans to expand Baghdad international airport were announced in May 2010. The construction of the Port of Al Faw at Basrah is also progressing. Developments mean that we are anticipating Iraq’s construction industry to post strong growth in 2010. In BMI’s Q310 Iraq Infrastructure Report we are forecasting the construction industry to post real growth of 4.67% year-on-year (y-o-y), to reach a value of IQD6,598bn (US$5.64bn).
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Original Source : – Iraq Infrastructure Report Q3 2010
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Browse the complete Report on:  Iraq Telecommunications Report Q3 2010
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BMI’s Q310 Iraq Telecommunications Report includes full year figures for 2009, following data published by the country’s two largest operators Zain and Asiacell, together with changes to our forecasts. Furthermore, we have provided latest data for March 2010, after Asiacell published its figures and combined with media reports on figures for Zain and the few other smaller operators that occupy the market.
At the end of 2009, there were 20.312mn mobile subscribers in Iraq, following 61,000 net additions in the final quarter. The market’s Q409 performance was lower than in previous quarters. During Q309, there were 373,000 net additions, in Q209 there were 487,000 net additions and in Q109, there were a impressive 1.078mn net additions added to the market. The lower performance in Q409 is attributed to the government’s prepaid registration scheme. As for the first quarter of 2010, this was not able to match the performance of that in Q109, but the market did see 489,000 net additions to reach a total of 20.801mn subscribers. This lower performance was the result of an estimated decline in Zain’s subscriber base, which reached 10.07mn, as it continued to face competitive pressures from second-ranked Asiacell. Asiacell continues to place pressure on the market leader through price competition as well as its network expansion in order to reach its goal of becoming a national operator. In June 2010, the operator announced that it had expanded its network to the governate of Anbar, including the cities of Rawah, Ubaidi, Karbalah, Husaibah and Haditha, as part of its drive to achieve countrywide coverage in 2010. Asiacell's Chairman Faruk Mustafa Rasool said the operator prides itself on being the first to provide coverage on a national scale.
Since we last reported that the Iraq mobile market was to see the UAE-based operator Etisalat purchase a majority stake in Kurdish operator Korek Telecom, following media reports in February 2010. Etisalat’s CFO announced in April 2010, that it had no interest in the operator and was not nearing any deal with Korek. Furthermore, Etisalat, in June 2010, expressed interest in Iraq's fourth mobile licence. In May 2010, the Baghdad government approved a fourth licence to operate mobile services in the country. The awardee of the licence will hold a 65% stake in the venture, and the rest will be owned by the Iraqi communications ministry.
Iraq rose to ninth place from tenth position in BMI’s most recent set of Business Environment Ratings for the Middle East and North Africa. However, Iraq’s own scores have seen no further changes this quarter.
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ReportsandReports comprises an online library of 10,000 reports, in-depth market research studies of over 5000 micro markets, and 25 industry specific websites. Our client list boasts almost all well-known publishers of such reports across the globe. We as a third-party reseller of market research reports employ a number of marketing tools, such as press releases, email-marketing and effective search-engine optimization techniques to drive revenues for our clients. We also provide 24/7 online and offline support service to our customers.
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Browse the complete Report on: Iraq Defence and Security Report Q4 2010

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Iraq is at its most stable since the 2003 US-led invasion, but the numerous challenges it faces present significant risks – with the result that it could descend in to chaos once again. That said, our core scenario is for the gradual consolidation of the democratic political system, which will in turn provide a platform for long-term economic development. As well as ridding Iraq of its purported weapons of mass destruction, the 2003 US-led invasion was ‘sold’ by the protagonists as a move to bring freedom to a population living under Saddam Hussein’s tyranny, and as an attempt to seed democracy in the Middle East.
In the subsequent years, as Iraq descended into sectarian violence and the civilian death toll soared, these apparently worthy intentions were dismissed by many observers as having been wildly over-optimistic. Moreover, some commentators suggested that these stated goals were merely a smokescreen for the US’s real objectives, namely ‘stealing’ Iraq’s oil. However, with levels of violence at post-invasion lows, the transition from dictatorship to democracy appears to be on more solid foundations. Indeed, March 2010 saw Iraq’s third round of post-Saddam national elections, contested by a wide range of both religiousbased and secular political parties.
On the macroeconomic front, we have kept our GDP forecasts for Iraq broadly unchanged this quarter: between 2010 and 2014, we are pencilling in average growth of 5.6% per annum. We see real growth coming in at a relatively subdued 3.8% and 4.5% in 2010 and 2011 respectively, before expansion accelerates towards the end of the forecast period on the back of increases in oil production capacity. The cornerstone of the Iraqi economy for the foreseeable future will remain the oil (and, to a lesser extent, gas) sector. Iraq's proven oil reserves of 115bn bbl are the third highest in the world, behind those of Saudi Arabia and Iran, and given that much of the country is as yet unexplored there are upside risks to this figure. The next decade should see oil output increase considerably as the foreign oil companies, which over the past year have concluded major service contracts with Baghdad, ramp up their investments in Iraq.
Iraq does not have a functioning defence industry capable of meeting the requirements of its security forces. The nascent polity and the current security situation in the country, along with the instability and the widespread lack of infrastructure, have not allowed such an industry to be supported. It is very unlikely that a defence industry of note will be established at any level in Iraq for at least the next decade. Iraq attracts a BMI composite security risk rating of 56, with a relatively strong interstate rating, at 88. Despite recent tensions with Turkey, Iraq’s relatively high interstate rating suggests that it is highly unlikely that it will become a primary party to an inter-state conflict in the medium term. Its security rating is let down by its domestic ratings, which are concerned with threats from terrorism and criminal groups.


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ReportsandReports comprises an online library of 10,000 reports, in-depth market research studies of over 5000 micro markets, and 25 industry specific websites. Our client list boasts almost all well-known publishers of such reports across the globe. We as a third-party reseller of market research reports employ a number of marketing tools, such as press releases, email-marketing and effective search-engine optimization techniques to drive revenues for our clients. We also provide 24/7 online and offline support service to our customers.


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Ms. Sunita
7557 Rambler road,
Suite 727, Dallas, TX 75231
Tel: +1-888-989-8004

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