People & Institutions
Al-Narges Company for Contracting, Trade, Design and Project Management Ltd
Investment licence of the National Investment Commission, for the project: Al-Narges industrial city for infrastructure.
شركة النرجس للمقاولات والتجارة والتصميم إدارة المشاريع المحدودة
Legal status
Not charged as of the date of writing
Not charged as of the date of writing. No official finding, court case or credible press allegation was found. The company is a large recipient of Basra state and municipal land through investment licences, which is recorded as a fact, not an allegation. The search of public sources is not complete.
The search of public sources on this licensee is not yet complete.
The licence as listed
The list of licensed projects of the National Investment Commission.
- Licensing body
- National Investment Commission
- Licence number
- 369/2020
- Date of grant
- 19 May 2020
- Sector
- Industry
- Project
- Al-Narges industrial city for infrastructureمدينة النرجس الصناعية للبنى التحتية
- Licensee
- شركة النرجس للمقاولات والتجارة والتصميم إدارة المشاريع المحدودة (Iraqi)
- Province
- Basra
- Location
- البصرة
- Stated cost
- $13 millionThe list gives the cost in dinars. It is converted here at 1,190 dinars to the dollar.
- State of the project
- Not reported
Who is behind the licensee
company
The owners and managers were not identified in the sources that were read.
What official and press reports say
- Official findings
- None found.
- What became of the project
- Unknown. No public report was found on the Al-Narges industrial city infrastructure project (licence 369/2020, IQD 15,456,800,000).
- Other contracts with the state
- The Basra Investment Commission's own licence pages list 21 housing investment licences (2019 to June 2026) under 'شركة النرجس للمقاولات والتجارة العامة والتصميم وإدارة المشاريع المحدودة' (12) and 'شركة النرجس القابضة للمقاولات والتجارة العامة والتصميم وإدارة المشاريع' (9), together about 9,064 dunums and a printed capital of about IQD 4.23 trillion (our arithmetic on the licence pages, tier B; that the 'Holding' firm is the same company is assumed from the name, not confirmed). Examples: T/110 of 7/8/2019, Al-Narges Residential Complex, 338 dunums, IQD 325.6bn, land owner Shatt al-Arab Municipality; 254 of 18/5/2026, Al-Fayhaa Residential Complex 1, 1,054 dunums, land owner Shatt al-Arab Municipality (five more Al-Fayhaa licences of 1,017 to 1,525 dunums each followed); T/113, Basra Gate complex, 160 dunums owned by the state General Company for Building Materials Trade; 197, on land owned by the Ministry of Finance. The same National Investment Commission list also has 303/2019 (Al-Narges Residential Complex, Basra) and 333/2019 (Al-Narges UPVC-HDPE pipe factory, Basra).
Sources
- اجازة استثمار رقم ت/ 110 - مجمع النرجس السكني, Basra Investment Commission, 7 August 2019 Tier A
شركة النرجس للمقاولات والتجارة العامة والصميم وإدارة المشاريع المحدودة
- اجازة استثمار رقم 254 - مجمع الفيحاء السكني 1, Basra Investment Commission, 18 May 2026 Tier A
1054 دونم و 8 اولك و 77 متر مربع
- اجازة استثمار رقم 290 - مجمع ضفاف النرجس, Basra Investment Commission, 14 June 2026 Tier A
شركة النرجس القابضة للمقاولات والتجارة العامة والتصميم وإدارة ال