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Iraq to put up the project of the suspension train for investmentThe National Investment Authority (NIA) announced on Saturday that it is ready to launch the suspended investment project at a estimated cost of $ 1.5 billion during the Kuwait International Conference on Iraq Reconstruction.
In a statement, the authority said in a statement on Saturday that "Iraq will be presented during the Kuwait International Conference suspended railway project in Baghdad to be a viable projects with good financial returns," indicating that "the project was prepared by the French company Alstom."She added that "the estimated cost of the project is 1.5 billion dollars and the duration of completion of five years," noting that "the goal of the project is to contribute to resolving the crisis of traffic jams and improve the reality of service in the province of Baghdad."
"The first phase will be 15.5 km long between Kadhimiya and Sadr City through the People's City and include 12 internal stations through the Tigris River, while the second phase will be 4.45 km long between the global station in Alawi and Al-Ataifiyah and include two internal stations."
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