Al-Faw port reaches advanced stages of completion..Transportation confirms its completion on time

[size=52]Al-Faw port reaches advanced stages of completion..Transportation confirms its completion on time[/size]

[size=45]Work on the Grand Faw port project has reached the final stage of covering the streets that reach the port, according to recent statements by the Ministry of Transport, noting that there is another stage to link it to Khor Al Zubair.[/size]
[size=45]The Minister of Transport, Nasser Hussein Al-Shibli, said that "the work is progressing at a high pace," stressing "the necessity of completing road-paving works because the nature of the land in the Faw district is spongy, which he described as difficult."[/size]
[size=45]With regard to the floating tunnel linking the port of Al-Faw and Khor Al-Zubair, he said that “work in it has reached advanced stages and the amount of drilling in it reached 14 m out of 30 m into the water,” which represents 46%.[/size]
[size=45]Al-Shibli added that "the five berths in the port have reached the stage of burial and the mechanisms for their construction have arrived," noting that "a provision of 550 million dollars as a first stage for the port is enough to open 10% of the value of the contract for the project, explaining that the project is proceeding according to what is planned within the prepared schedules. to accomplish.” A source in the General Company for Ports of Iraq told Al-Mada that "the Korean company Daewoo is working in full swing in developing and building the Al-Faw port project, according to the signed contract." The source added, "The current year's budget allocated funds to complete the Al-Faw port project, in a way that ensures the correctness of the companies' delivery of their entitlements in the event of carrying out the tasks entrusted to them."[/size]
[size=45]He confirms that "the port will be completed within the specified times under the contract concluded with the Korean company," noting that "the authority responsible for monitoring the implementation of the contract is the Ministry of Transport, and it is also the sectoral entity benefiting from this project."[/size]
[size=45]The source indicated, "It was supposed to arrive about 200 experts, equipment and large laboratories to contribute to the completion of the port, but the procedures regarding passports and visas hindered their arrival." And he shows that “the percentages of completion of the five projects in the port of Al-Faw vary, some of which will be completed in 3 years and others more, but the general rate of completion of the project will be completely completed within less than 4 years, and if there is any financial abundance, we will put pressure on the Korean company in order to complete it in a shorter period. “. Al-Mada tried to contact the spokesman for the Ministry of Transport, Hussein Al-Khafaji, more than 10 times to go into more details about the project, but he did not answer.[/size]
[size=45]In turn, the economist, Rashid Al-Saadi, said in an interview with (Al-Mada), that "the port of Al-Faw will serve the Iraqi economy a very great service upon its completion, as Iraq's strategic location for neighboring countries and the Silk Road." Al-Saadi adds, "One of the advantages of Al-Faw port is that it will be an alternative to the ports of (Godar) and (Jebel Ali), in addition to employing manpower, and reducing the costs of imported goods to Iraq.[/size]
[size=45]The specialist in economic affairs points out, "The Al-Faw port makes Iraq in a strong and competitive position for neighboring countries, as it will affect the scaling of their economy."[/size]
[size=45]Al-Saadi points out that "most of the neighboring countries are trying to obstruct the implementation of the Faw port project so that it does not affect their economic interests."[/size]
[size=45]The expert in economic affairs believes that "the Al-Faw port project will be a major alternative to oil if there is a real political will."[/size]
[size=45]Last April, Prime Minister Mustafa Al-Kazemi laid the foundation stone to start the construction of the first phase of the project, which includes 5 container berths, digging the internal navigation channel, and constructing the highway between the ports of Al-Faw and Umm Qasr.[/size]
[size=45]In his speech during the foundation stone laying ceremony, Al-Kazemi said that the Faw port will give Iraq great opportunities and enhance its geopolitical position in the region, noting that Iraq is facing a new stage, as it has overcome crises and is heading towards construction and reconstruction.[/size]
[size=45]He pointed out that the project will provide many job opportunities for the people of Basra and the rest of the provinces, and will contribute to the development of the province.[/size]
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