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[size=36]A Korean company carries out 6 projects worth 200 billion dinars in the large FAO project[/size]
Economy | 09:31 - 28/05/2019
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Baghdad - Mawazeen News
The General Company for Iraqi Ports signed a contract with a Korean company to implement a number of infrastructure projects for the project of the port of Faw Al-Kabeer for 200 billion dinars, after the approval of the Ministry of Planning to launch the 400 billion dinars allocated to the project within this year's budget 2019.
Director "The company has been contracted to Daewoo Korean company to set up six projects for the basic infrastructure of the large FAO project," he said, adding that "200 billion dinars out of 400 billion dinars Dinars for the implementation of these projects J include rock payment and roads between the ports of Faw , Umm Qasr, in addition to linking the port fast line under the Khor Al - Zubair is a link to the public road. "
He added that "the release of these amounts was with the approval of the Ministry of Planning, as it will be calculated on the budget within the investment plan in the budget for the current year 2019, in addition to the authorization of the Ministry of Transport the authority to implement and disbursement taking into account the commitment to the specializations and powers of this project to allow speed and accuracy in completion, Noting that "the cost of setting up the first phase of the project of the port of Faw is about 4 trillion dinars."
It is worth mentioning that the 8 km and 200 meters east-west breakwater, carried out by the Greek company R Cordon, and the 16 km long Western Kasr, carried out by Korean company Daewoo, Six, as the first launch of the project was the signing of the contract on the implementation of the East Alkasr and direct in 2013.
The project is implemented in four stages as needed and the availability of funds or the desire of investors and is currently focusing on the first phase.
The General Company for Iraqi Ports signed a contract with a Korean company to implement a number of infrastructure projects for the project of the port of Faw Al-Kabeer for 200 billion dinars, after the approval of the Ministry of Planning to launch the 400 billion dinars allocated to the project within this year's budget 2019.
Director "The company has been contracted to Daewoo Korean company to set up six projects for the basic infrastructure of the large FAO project," he said, adding that "200 billion dinars out of 400 billion dinars Dinars for the implementation of these projects J include rock payment and roads between the ports of Faw , Umm Qasr, in addition to linking the port fast line under the Khor Al - Zubair is a link to the public road. "
He added that "the release of these amounts was with the approval of the Ministry of Planning, as it will be calculated on the budget within the investment plan in the budget for the current year 2019, in addition to the authorization of the Ministry of Transport the authority to implement and disbursement taking into account the commitment to the specializations and powers of this project to allow speed and accuracy in completion, Noting that "the cost of setting up the first phase of the project of the port of Faw is about 4 trillion dinars."
It is worth mentioning that the 8 km and 200 meters east-west breakwater, carried out by the Greek company R Cordon, and the 16 km long Western Kasr, carried out by Korean company Daewoo, Six, as the first launch of the project was the signing of the contract on the implementation of the East Alkasr and direct in 2013.
The project is implemented in four stages as needed and the availability of funds or the desire of investors and is currently focusing on the first phase.
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