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IRAQ'S CORRUPTION
العربية
People & Institutions

Zamzam Spring International Ltd

Investment licence of the National Investment Commission, for the project: Car assembly, BYD.

شركة نبع زمزم الدولية المحدودة

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Legal status

Not charged as of the date of writing

Not charged as of the date of writing. No court ruling, Integrity Commission statement, audit-bureau finding, sanctions listing or credible press accusation naming the company was found. Its owners and managers are not named on its website and were not identified. The search of public sources is not complete. Status as of 5 October 2026.

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
191/2018
Date of grant
4 April 2018
Sector
Industry
Project
Car assembly, BYD
تجميع السيارات BYD
Licensee
شركة نبع زمزم الدولية المحدودة (British)
Province
Babil
Location
بابل
Stated cost
$8.9 million
The list gives the cost in dinars. It is converted here at 1,190 dinars to the dollar.
State of the project
Completed (100% complete)

Who is behind the licensee

foreign company (British, per the NIC list); presented on its website as part of the ZSCO group

The owners and managers were not identified in the sources that were read.

What official and press reports say

Official findings
None found in the sources reviewed.
What became of the project
The completion column reads 1 for all six licences, which the register reads as completed (100 per cent). The company website describes three plants: saloon cars on four production lines, trucks made with Volvo and Isuzu, and specialised truck bodies. Its English and Arabic pages give different capacities: 120,000 cars and 5,000 trucks a year in English, 20,000 cars and 500 trucks a year in Arabic. No independent report on output was found.
Other contracts with the state
The NIC list gives this company six licences in Babil, all dated 4 April 2018: 188/2018 (Saipa car assembly), 189/2018 (Eco car assembly), 190/2018 (Lifan car assembly) and 191/2018 (BYD car assembly), each IQD 10,553,000,000; 192/2018 (truck bodies and specialised vehicles), IQD 15,443,000,000; and 193/2018 (Volvo and Isuzu chassis), IQD 45,300,000,000. Together they come to IQD 102,955,000,000, about USD 86.5 million at 1,190 dinars per dollar (our arithmetic). The company website says the company was founded in 2013 and built, in partnership with the Ministry of Industry and Minerals and its State Company for Automotive Industry, a car factory complex of 340,000 square metres at Iskandariya. The related licensee Zamzam Motors International holds licence 186/2018 (see index 79). No other government contract was found.

Sources

  1. Zamzammotors (home page), Zamzam Motors (company website, self-description) Tier C
    Zamzam Spring International
  2. من نحن, Zamzam Motors (company website, self-description) Tier C
    تم تاسيس الشركة في عام 2013وقد استطاعت الشركة بالمشاركة مع وزارة الصناعه والمعادن /الشركة العامه لصناعة السيارات والمعدات في العراق من انشاء مجمع مصانع متخصص لانتاج السيارات بمساحة 340الف متر مربع
  3. من نحن (truck plant), Zamzam Motors (company website, self-description) Tier C
    مصنع انتاج الشاحنات بالتعاون مع شركة فولفو السويدية وشركة ايسوزو اليابانية ,بطاقة انتاجية 500 شاحنة سنويا
  4. من نحن (group name), Zamzam Motors (company website, self-description) Tier C
    ضمن عائلة مجموعة شركات زسكو
  5. About Us (saloon plant), Zamzam Motors (company website, self-description) Tier C
    The plant consists of four production lines; it’s a plant of 120.000 cars as a production capacity per year.
  6. About Us (truck plant), Zamzam Motors (company website, self-description) Tier C
    Production of trucks in cooperation with Volvo Sweden and Isuzu Japan, with a capacity of 5000 trucks annually.

Other licences of the same licensee