Ports: Faw port will shorten the global transport map and enhance the economic potential of Iraq

by **Rocky** Wed 01 Feb 2017, 6:26 am

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Ports: Faw port will shorten the global transport map and enhance the economic potential of Iraq

by Rocky Wed 01 Feb 2017, 6:26 am

[ltr]Ports: Faw port will shorten the global transport map and enhance the economic potential of Iraq[/ltr]

Since 02.01.2017 at 12:49 (Baghdad time)
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[ltr]Special scales News[/ltr]
[ltr]General Company of Iraqi Ports confirmed one of the formations and the Ministry of Transport, on Wednesday, that the port of Faw will briefly global transport map, pointing out that it would be a new window to compensate for financial resources and a means to support the Iraqi economy.[/ltr]
[ltr]He said media ports Director Tigers net, L / balance News /, "The port of Faw will contribute to the creation of a major change in the global transport map, being Sechtsrtrq transfer of cargo from the Persian Gulf and East Asia and India and then to Europe and be no longer than one week, while the accepted term which the transfer is 30 days. "[/ltr]
[ltr]The net, that "the transfer process are made through the use of Iraqi land routes so-called (dry canal) and then towards Turkey and then to Berlin, a European store, and the journey it takes no more than a week and will provide a time of great sums of money."[/ltr]
[ltr]He stressed that "the port of Faw will be a new window to compensate for financial resources, would be a way to support the Iraqi economy in the two phases of construction and management."[/ltr]
[ltr]He pointed net, that "it has to take advantage of government funds to begin the completion of the eastern breaker waves with a length of 8.5 meters, which was carried out by a Greek company, and exceeded the percentage of completion as 97%."[/ltr]
[ltr]He continued, "The Western breaker waves with a length of 16.5 km and was carried out by a Korean company, where the completion rate reached more than 60%," he said. "After the completion of these projects will start building the infrastructure of the port, sidewalks and other".[/ltr]
[ltr]And the net, "we seek to project is implemented by the company with financial and technical capabilities to implement it," pointing out that "What's done is delay the fiscal deficit of the government."[/ltr]

[ltr]The Ministry of Transport has announced earlier in 2016, the opening of the port of Faw in the past two Almqublan.anthy 29 / A 43[/ltr]

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