Economist: Development Road Project Will Provide Iraq with Great Investment Opportunities
10/19/2024
An economic expert stressed the importance of the Development Road Project in achieving investment opportunities in Iraq.
Salah Nouri told Al Furat News Agency, "The International Development Road project provides great investment opportunities through the construction of industrial cities and various service projects, which provides great job opportunities."
He added, "Development funds are working to provide joint investment opportunities between the private and public sectors, and the private sector participating in the investment in turn provides job opportunities."
The "Development Road" project consists of land and railway roads extending from Iraq to Turkey and its ports, with a length of 1,200 kilometers inside Iraq, and aims to transport goods between Europe and the Gulf countries, especially Qatar and the Emirates.
On April 22, Turkey, Iraq, Qatar and the Emirates signed a quadripartite memorandum of understanding in Baghdad for cooperation on the "Development Road" project, under the auspices of Turkish President Recep Tayyip Erdogan and Prime Minister Mohammed Shia al-Sudani.
Raghad
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