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Rafidain announced near the financing of the Baghdad Metro for 5 trillions
Nour News / Baghdad
Al-Rafidain Bank announced on Monday the financing of the Baghdad Metro at 5 trillion dinars, as well as the financing of a number of projects in Baghdad and the provinces.
"The Central Bank has adopted a project to submit offers by all government banks Kalrafdin to finance projects vital and important in Baghdad and the provinces, especially investment, including the project of the Baghdad Metro and its suspension and the revival and development of cement factories, said the director of the bank Khawla Talib al-Asadi said in a statement received by" Glass and petrochemicals that each bank to finance a project of these projects and after completion is transferred to one of the investors as an investment opportunity.
"The bank will finance the Baghdad metro project and the train suspended through the Central Bank and then transferred to investors and return the amounts of interest," She said, adding that "the bank is serious in the implementation of this project, which is the initial cost of completing the metro 5 trillion dinars, in addition to his participation in the implementation of other projects close The twentieth in Baghdad and the provinces. "
The province of Baghdad signed in 2013, a contract with the French company Alstom to develop the design of the project of the suspension train within the first phase, and will pass the project on both sides of Rusafa and Karkh 25 km, and the project includes the construction of 14 stations starting from the people through Al-Mustansiriya and then Atifiyah and Muthanna airport and ends in Alawi, which is considered the final station for him.
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Nour News / Baghdad
Al-Rafidain Bank announced on Monday the financing of the Baghdad Metro at 5 trillion dinars, as well as the financing of a number of projects in Baghdad and the provinces.
"The Central Bank has adopted a project to submit offers by all government banks Kalrafdin to finance projects vital and important in Baghdad and the provinces, especially investment, including the project of the Baghdad Metro and its suspension and the revival and development of cement factories, said the director of the bank Khawla Talib al-Asadi said in a statement received by" Glass and petrochemicals that each bank to finance a project of these projects and after completion is transferred to one of the investors as an investment opportunity.
"The bank will finance the Baghdad metro project and the train suspended through the Central Bank and then transferred to investors and return the amounts of interest," She said, adding that "the bank is serious in the implementation of this project, which is the initial cost of completing the metro 5 trillion dinars, in addition to his participation in the implementation of other projects close The twentieth in Baghdad and the provinces. "
The province of Baghdad signed in 2013, a contract with the French company Alstom to develop the design of the project of the suspension train within the first phase, and will pass the project on both sides of Rusafa and Karkh 25 km, and the project includes the construction of 14 stations starting from the people through Al-Mustansiriya and then Atifiyah and Muthanna airport and ends in Alawi, which is considered the final station for him.
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