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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    A project to expand the Iraqi port of Faw

    Rocky
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    • Post n°1

    A project to expand the Iraqi port of Faw Empty A project to expand the Iraqi port of Faw

    Post by Rocky Tue 05 Jan 2016, 2:22 pm

    A project to expand the Iraqi port of Faw
     
    [size=13]sident of the Commission of Economy and Investment Iraqi parliamentary, Jawad al-Bolani, the government's approval on the proposal of the Commission put a proposal to the port of Faw to invest during an extended conference will be held in the province of Basra.
    [size=21]He said in an interview to «life« The project is one of the important solutions and saving the Iraqi economy due to the revenues that will exceed several sectors except oil. He said the previous and current governments Adzta on the implementation of the project, despite its introduction early in 2010 due to high costs and can not be allocated an estimated five billion euros for implementation, he said, «we have initiated as a committee interested in investing subtracting the idea and get the approval of the prime minister and the Ministry of Transport».
    He stressed that he had formed a committee composed of three deputies joined by experts from the Ministry of Oil and the government and the province of Basra, work will begin to prepare for the conference, which will be invited to all the specialized establishment of the giant ports companies, with the possibility of allocating a portion of its funding through shares will go in Securities Iraq market allows any citizen to be a partner in the completion of this gigantic project.
    The foundation stone of the port of Faw and put in the Faw peninsula south of Basra province at a cost of about 4.6 billion euros and estimated the port of absorptive capacity by about 99 million tons per year to be one of the largest littoral ports on the Arabian Gulf region, and lay the foundation stone for the project on 5 April 2010 by the Iraqi minister of transport.
    The port is located at the top of Bisha area in Basra province on the Arabian Gulf will be the largest ports in the Gulf is the world's largest ports, and will change the map of the global maritime transport because it would convey goods from Japan, China and South East Asia to Europe via Iraq and vice versa instead of crossing the Suez Canal.
    He noted the Iraqi Transport Minister Amer Abdul-Jabbar, the former to the pressure exerted by third parties in their interest to delay the completion of this project, which began work there in 2010 through the establishment of the breakwater by contracting with a Greek company. » He added that the port will not be significant unless preceded by the completion of the project «Channel dry» a railway that runs from FAO and up to Central Europe and specifically Berlin, and here cargo will be transferred within three days of starting point even reached Europe, a large part of the project actually carried out but the security situation prevented the continuation of work done and would be a competitor to the Suez Canal.
    Furthermore, economic expert, head of the Iraqi market center Ali Kahja «said the Iraqi government confront the regional countries that are trying to besiege Iraq by blocking a water allocation of the necessary funds for the construction of the port». He added that «the port of Faw in the event of its inception, will strengthen Iraq's economic capacity by 45 percent of the economic value, which currently derive ports.» There are in Basra province, which is the only sea port in Iraq, five commercial ports and two ports PB.
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