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{The Path of Development}.. the gateway to stability in Iraq and the region
The first 10/29/2023
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Baghdad: Haider Al-Jaber
By launching the “Development Road” project, the Iraqi government aspires to search for an additional source of income for the Iraqi economy that reduces its dependence on oil. And enhancing the geoeconomic role of Iraq, by exploiting its geographical location as a linking region between the Gulf, Asia and Europe.
Several countries in the region are looking at the project with promise, as the UAE expressed earlier its serious desire to participate in the project because of its importance to all countries of the region.
The academic and researcher in political affairs, Dr. Majashi Al-Tamimi said that all countries in the region will ensure the stability of Iraq to achieve their own interests.
Al-Tamimi told “Al-Sabah”: “The (Development Road) project will create an intersection of interests, because everyone will have interests in stabilizing and supporting Iraq,” and added that “the basic idea of the project is based on linking the large port of Al-Faw in Basra to a network of land roads and railways.” Which extends north along Iraqi geography to reach the Fish Khabour border point with Turkey.”
He explained that “this network will be a channel through which goods and merchandise coming from Asia to Europe and vice versa will pass, and on the basis that Turkey will be the corridor towards Europe,” and he noted that “according to Iraqi officials, the road will save about fifteen days of time for shipping goods between East Asia and Northern Europe.
Al-Tamimi concluded by saying: This path “will make everyone - including Western and regional countries - feel the importance of supporting Iraq for the economic interests it provides for them.”
In addition, economic affairs researcher Haitham Al-Khazali praised the “Development Road” project, stressing that it will work to network the interests of the countries of the region and other countries.
Al-Khazali told “Al-Sabah”: “The (Development Road) project will work to network the interests of neighboring countries and countries of the world through this road, which forms a development belt that makes most of the countries participating in it keen on the security and stability of Iraq and the region,” and he added that “the interests of the countries of the region are linked.” “The security and stability of this road, which provides a corridor for energy, trade and transportation, will attract the emergence of industrial, residential settlements and commercial squares around the road.”
The project is expected to serve the region economically and transport goods from Europe to the Gulf and vice versa via Iraq. Its cost will reach $17 billion and will be completed in a record time, ending in 2028.
The Prime Minister’s spokesman, Bassem Al-Awadi, said earlier, “This strategic road will transport goods of various kinds from Europe to Turkey via Iraq and to the Gulf, and Gulf goods and resources pass from the Gulf through Iraq, then Turkey and Europe,” and he stressed the government’s desire for this to be transformed. The land line and railway turn into a road and a vital artery for the economy, and there are plans for industrial cities and housing cities surrounding the road, and it will witness the crossing of thousands of upcoming trucks.
From 25 countries.
Edited by: Muhammad Al-Ansari
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