LATEST BY SANDY INGRAM, 15 SEPT

 Sandy Ingram 

 The belief of a $3.00 to 1 Iraqi dinar is unreal.  Even $1.00 to 1 Iraqi dinar is a serious stretch...An increase to $0.10 to 1 Iraqi dinar would be greatly appreciated.  We would then hope the value would increase from $0.10.  Most...would receive a 5 to 6 figure US dollar payout if the currency went to $0.10...

Summary

Iraq’s Development Road Project aims to enhance trade and economic growth, potentially increasing the value of the Iraqi dinar for investors.

Highlights

• 🚧 Development Road Project designs completed.
• 🌐 Project connects Iraq to Turkey, UAE, and Qatar.
• 🚄 Rail network to have initial capacity of 3.5 million tons.
• 📈 Expected to boost Iraq’s GDP and dinar value.
• 🤝 Regional and European countries eager to invest.
• 🏗️ Job and investment opportunities will arise.
• 🛣️ Aims to compete with Egypt’s Suez Canal.

Key Insights

• 🌍 The Development Road Project is set to transform Iraq into a key transportation hub, significantly enhancing trade routes between Asia and Europe.
• 💰 By increasing Iraq’s GDP through this project, the Iraqi dinar’s value may rise, offering investors greater opportunities in the currency market.
• 🔗 The quadripartite agreement among Iraq, Turkey, UAE, and Qatar signifies strong regional cooperation, crucial for the project’s success.
• 🚧 The integration of cutting-edge technology and AI into the project highlights Iraq’s commitment to modernizing its infrastructure and economy.
• 📦 The capacity increase for rail transport will facilitate the movement of goods, making Iraq a competitive player in global trade.
• 🏗️ The anticipated job creation and investment influx will invigorate Iraq’s economy, fostering long-term sustainability and growth.
• ⚖️ As Iraq becomes an international transport hub, the potential need to increase the dinar’s value could create favorable conditions for investors.
• https://dinarevaluation.blogspot.com/2024/09/sandy-ingram-cc-notes-highlights-11-sept.html