Saturday, November 9, 2024

Unprecedented progress at FAO port: How this project will change the future of the Iraqi economy?”, 9 NOV

Unprecedented progress at FAO port: How this project will change the future of the Iraqi economy?”

 The Prime Minister’s adviser for transport affairs, Nasser al-Assadi, revealed unprecedented progress in the port of Al-Faw while detailing its impact on the future of the Iraqi economy.

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Al-Asadi said {For Euphrates News} that: “The government has received the five berths of Al-Faw Port and the General Company for Iraq Ports will equip these berths with cranes and logistics devices that help in operating the port, and it is a big step and a vital artery to operate the development road towards Europe.”


“The port is practically ready for operation, but there are some logistical measures that the Ports Department is taking for the purpose of operation,” he added.
Al-Asadi continued, “The port of FAO is a huge global project and is the largest port in the Middle East and one of the 10 largest ports in the world that will completely affect the Iraqi economy in terms of job opportunities, revenues, economic and political status of Iraq and international obligations in providing security and safety for the region to impose the operation of this vital port.”


He pointed out that “the achievement of very high completion rates in the water channel, the globor tunnel and the connecting road, and now the process of drowning the submerged tunnel is taking place, which is the second operation in the world through very advanced technology only, there is a cladding process and this stage ends and then linking it to the submerged tunnel.”


“There is an achievement in the port of FAO, which is matched by an achievement on the path of development, and now after the signing of the quadripartite agreement between Qatar, the UAE, Iraq and Turkey, there have been intensive meetings to put the governance that will lead the project at the ministerial, executive, technical and secretarial levels,” Al-Asadi said.
He pointed out that “the initial design of the railways was completed 100% and 84% for the highway and there is the service corridor, which includes oil, gas, electricity and the Internet, and we are in the process of finally reviewing this design and approving it 100% to put the tenders that will be offered to international companies at the end of this year.”

Wafaa Al-Fatlawi

https://alforatnews.iq/news/تقدم-غير-مسبوق-في-ميناء-الفاو-كيف-سيغير-هذا-المشروع-مستقبل-الاقتصاد-العراقي؟

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