A private company to finance the train Baghdad commentator

A private company to finance the train Baghdad commentator



5/10/2017 0:00

Baghdad / Wafaa Amer
decided to set up the Baghdad province , the company includes government agencies, as well as private investors, to finance the suspension train to be implemented in the capital , which will contribute to solving the problem of traffic jams experienced.
Technical Deputy of the province Jassim Mohan Boukhaty, said a special statement »Sabah», that « the local Baghdad government recently held a meeting with the National Investment Commission to choose a mechanism to implement the project suspended train, revealing the agreement on the financing of the project joint investment by setting up a company comprising several government agencies , in addition to local and international investors of the private sector, as these parties will agree with them to finance the project ».
The project promised «very important» to raise the level of the transport sector in the capital , which is not structured led to the lack of smooth flow of traffic, noting that Baghdad province signed since 2012, a contract with a company (Wahlstrom) French implementation of the project designs as approved designs over a year ago , noting that the problematic funding hindered the implementation of these designs on the ground.
Boukhaty said that the local government will prepare a new study the feasibility of the project in order to develop a complete vision of the project in all its aspects, noting that he has prepared a preliminary feasibility study at the beginning of the project, but the study will be prepared will be solid as will include all situations and aspects of the project and angles out a unified vision of variables to implement the agreement with the investment companies which will come to finance the project.
He noted that the state may enter part of the financing of the project , along with a group of private sector companies that the cost of the project amounting to one billion and 500 million dollars is very high, and therefore can not be a single point of funding to coincide with the country 's financial crisis, along with an urgent need to be implemented to solve the crisis of transport in the capital , which it called on the Council to move towards transmission to the companies to implement the project.
Technical Deputy of the province between the project Baghdad commentator, which will contribute to the transfer of 30 thousand passengers per hour train, consisting of 14 stations distributed between the areas of the capital, where the train runs two - lane, the first length of 18 km consisting of 20 stations, starts from the end of Sadr City , passing through the yard Khilani then caliphs Street Fshara Imam Azam and the end of the Square Antar in Adhamiya, while the second line of a length of 21 km and the 20 station starts, from the open courtyard pool area through the street Sadoun is heading to Al - Mansour area through the Damascus road to the intersection of the Baghdad international Fair.

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