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Al-Sudani sponsors the signing of an agreement with the International Finance Corporation to develop and rehabilitate Baghdad International Airport
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Baghdad today - Baghdad
Today, Sunday (September 3, 2023), Prime Minister Muhammad Shia Al-Sudani sponsored the signing of an agreement with the International Finance Corporation to develop and rehabilitate Baghdad International Airport.
Al-Sudani's media office said in a statement received by "Baghdad Today", that "Prime Minister Muhammad Shia'a Al-Sudani sponsored this morning the signing of a pioneering agreement with the International Finance Corporation / IFC, to develop and rehabilitate Baghdad International Airport, where it was signed by the Director General of the Civil Aviation Authority on the Iraqi side. ".
He added, "The agreement includes providing the international institution with an integrated investment portfolio that includes how the international airport is expanded, financed, operated and maintained, and upgrades the efficiency of its facilities and safety factors, and upgrades its services, to comply with international standards for airports in the world, through a specialized international company."
The Prime Minister stressed, according to the statement, that "this agreement is one of a series of agreements that will be concluded with the private sector, which will take the role of partner in developing infrastructure for various vital sectors in Iraq, within an economic vision that extends to 2030, that enhances the infrastructure needed for development." sustainable Iraqi economy.
Al-Sudani stressed that "the government has given the Baghdad International Airport file importance, because it represents a civilized interface that represents Iraq and its people, and this falls within the framework of an integrated vision that includes all airports and is also based on diversifying means of transportation and interconnection with countries in the region and the world."
He pointed out that "the agreement includes that the International Finance Corporation, which is a member of the World Bank Group, provide consultations on the path of developing the role of the private sector, and strengthening its entry into the arena of public services in partnership with the public sector, and sectors that face future challenges."
It is noteworthy that the International Finance Corporation has pioneering experiences in the region and the world in the field of airport rehabilitation, as it previously supervised the development and expansion of the most important airports in the Kingdom of Saudi Arabia and Turkey, as well as Queen Alia International Airport in the Jordanian capital, Amman.
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