Al-Sudani announces the launch of investment opportunities for the Baghdad Metro project and the Kar

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[size=52]Al-Sudani announces the launch of investment opportunities for the Baghdad Metro project and the Karbala-Najaf train[/size]

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02-08-2024
Iraqi Prime Minister Muhammad Shiaa Al-Sudani launched two investment opportunities on Thursday.[/size]
[size=45]A brief statement from Al-Sudani’s office stated: “The Prime Minister announced the launch of investment opportunities for the Baghdad Metro project and the Karbala-Najaf train project.”[/size]
[size=45]This came at a contract signing ceremony between the Ministry of Transport and the alliance of CHSS and HSS, two Lebanese and Malaysian companies that will provide their consulting services for the project, according to the statement.[/size]
[size=45]In a speech he delivered during the ceremony, Al-Sudani praised the efforts of my ministry. Transportation, Planning, the Investment Authority, the Municipality of Baghdad, and the consultants in preparing and arriving for this day and announcing these opportunities that will be available to the local, Arab and international private sector, as well as preparing to contract with consulting companies that will undertake the tasks of auditing statements, designs, feasibility studies and supervising the implementation of these large projects.”[/size]
[size=45]He explained, “The Baghdad Metro project was included in the designs of the city of Baghdad decades ago, and was subject to much diligence and research, and was included in budgets without being implemented on the ground,” stressing the implementation of the government’s vision to advance the public transportation sector as one of the most important means that provides ease of transportation and provides... Time and cost, especially for low-income groups, in addition to the fact that it is an environmentally friendly project as it will operate on electrical energy.”[/size]
[size=45]Al-Sudani pointed to the second investment opportunity represented by the train line linking Al-Najaf Al-Ashraf and Holy Karbala, which has been talked about for years in the transportation crisis between these two cities, which witness continuous millions of visits on religious occasions, and large, almost daily visits.[/size]
[size=45]The ceremony witnessed the announcement by the Chairman of the Investment Authority to set next Monday, February 12, as the date for opening applications for companies on the Authority’s platform in order to submit their offers on the two projects.[/size]
[size=45]The consulting contract for the Baghdad Metro project was signed by the Mayor of Baghdad, while the consulting contract for the Karbala-Najaf Express Train was signed by the Director General of the General Railway Company, one of the companies of the Ministry of Transport, according to the statement.[/size]
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