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.

Join the forum, it's quick and easy

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

Would you like to react to this message? Create an account in a few clicks or log in to continue.
Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Rail connection revives Iraq's economy and revives hopes of the "Silk Road"

    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 265042
    Join date : 2012-12-21

    Rail connection revives Iraq's economy and revives hopes of the "Silk Road" Empty Rail connection revives Iraq's economy and revives hopes of the "Silk Road"

    Post by Rocky Tue Feb 15, 2022 8:34 am

    [size=52]Rail connection revives Iraq's economy and revives hopes of the "Silk Road"[/size]


    [size=45][You must be registered and logged in to see this image.][/size]
    [size=45]Iraq hopes to have a pivotal role in the Silk Road trade, given its geographical location linking Asia and Europe, which will open a new window for it to expand its economic base and achieve economic diversification, and here highlights the importance of the Faw port project and the railway connection.[/size]
    [size=45]In 2015, Chinese Foreign Minister Wang Yi confirmed that the initiative launched by China with what is known as the “Belt and Road strategy includes about a thousand projects, including linking the Eurasian countries to about seventy countries bordering this line, led by the Middle East countries through which the road passes through a network.” From road, rail and airline lines, as well as pipelines and Internet networks, which creates the necessary conditions for economic development.[/size]
    [size=45]With the start of Iraq establishing the Faw port, which will be the linking point between East Asia and Europe, countries began to move towards establishing a rail link with Iraq, turning Iraq into a corridor for goods, which shortens the time period for transporting goods, which raised the fear of some economists of these claims for the impact on this on Faw port.[/size]
    [size=45]Binding damage [/size]
    [size=45]The economist and professor of economics at the Iraqi University, Abdul Rahman Al-Mashhadani, says in an interview; The railway connection with neighboring countries has two negative characteristics, the first of which is that it will eliminate the rest of the national industry and agriculture because the neighboring countries produce at very low costs that the Iraqi industrial and agricultural cannot produce at these costs, and it will also eliminate the project of the great port of Faw because it will become useless .[/size]
    [size=45]Al-Mashhadani explains; “The presence of large commercial ports for some countries on the Arabian Gulf, such as Jebel Ali and Bandar port, reduces the importance of the Faw port,” stressing that “the revenues that we will get from the port of Faw in the event of its completion, directly or indirectly, are not very large despite our urgent need for it. “.[/size]
    [size=45]ambitions of neighboring countries [/size]
    [size=45]An ambition emerged for neighboring countries to link railways with Iraq, whether it was for Kuwait or Iran, the last of which was Saudi Arabia. However, some of these ambitions collide with Iraqi fears, especially Kuwaiti ones, especially with the latter’s establishment of the Mubarak port, which could be an alternative to the Iraqi port of Faw. Iranian ambitions are also concerns of some specialists, and there have recently been serious intentions from the Iranian government, to start a railway connection project with Syria through Iraqi territory, and what the Iranian Ministry of Transport called a “transit link.”[/size]
    [size=45]In this regard, the former Minister of Transport, Amer Abdul-Jabbar, indicated that “the railway link between Iraq and Iran constitutes a great harm to Iraqi ports, indicating that the railway link will greatly benefit the Iranian and Syrian sides, and Iraq will be affected by it.”[/size]
    [size=45]He added that "the railways inside Iran exist, what Iran needs is only 32 km between the railways within its territory, all the way to the Iraqi railways (Shalamcheh - Basra)."[/size]
    [size=45]On the other hand, there is a study of the rail link between Iraq and Turkey, so that it will be the first country to connect with Iraq from Rabia district of Nineveh Governorate to the town of Fishkhabur in Dohuk governorate, with a length of 45 km.[/size]
    [size=45]Railroad connection to 10 Saudi cities[/size]
    [size=45]A few days ago, the Saudi Ministry of Transport revealed a project linking 10 Saudi cities with Iraq, linking Riyadh and Qassim within the Kingdom, linking east to west, passing through Yanbu, King Abdullah Port, Jeddah, Riyadh, Dammam, Jubail and Ras al-Khair.[/size]
    [size=45]The economic expert, Abdul Rahman Al-Mashhadani, said in an interview that “the railway connection with Saudi Arabia does not raise fears and its danger is less than that of the rest of the neighboring countries, especially as it will link the western regions (Mecca and Medina) with Iraq and therefore it is possible for it to be commercial as well as for religious tourism,” adding at the same time that it “ In any case, the problem is that there will be a threat to the Iraqi industry and agriculture.”[/size]
    [size=45]Transit and importer[/size]
    [size=45]Economist Dergham Muhammad Ali says in an interview, “The type of connection is commodity or for the transportation of oil derivatives or for travelers, from where it begins and where it ends. Is Iraq its final station, or is Iraq a transit station?” All these details and the type of facilities it provides to railway loads are what determines if the connection will affect Iraqi ports and dry channel to be established.[/size]
    [size=45]He adds that "the treatment of incoming goods as the importer, not the transit, will be limited and reduce its impact on Iraqi ports, but if it is treated as transit goods, it is taken for transit only, it will definitely affect the ports of Iraq."[/size]
    [size=45]He explains that the railway link project announced by Saudi Arabia and Iraq in general does not affect the dry canal, as it will be the trade exchange between the two countries and thus will reduce the costs of transporting goods between the two countries and encourage an increase in the volume of trade exchange and increase the chances of establishing a passenger train that enhances economic opportunities and there may be a future A fast railway line to perform Hajj and Umrah rites reduces costs and shortens the land route, while at the same time “not expanding it to include other countries so as not to become an alternative or competitor to the proposed dry channel.”[/size]
    [size=45]Experts stress Iraq's need for a comprehensive development process for road and rail transport networks in order to be able to compete and transform into a corridor for goods, starting from the port of Faw and passing by land through modern lines to Turkey and from there to Europe.[/size]
    [size=45]Transportation: Rail Development[/size]
    [size=45]For its part, the Ministry of Transport confirmed that it has started developing railways in conjunction with the establishment of the Faw port, given the economic importance of rail linking with neighboring countries.[/size]
    [size=45]The Director General of the General Company for Iraqi Railways, Talib Jawad Al-Husseini, says in an interview; “The international railway connection is of economic importance, as any railway connection with any country with neighboring countries will achieve economic development and generate many revenues for the country, whether it is Iraq or the country that wants the railway connection.”[/size]
    [size=45]Al-Hussaini added; “The railway connection is one of the main pillars for the development of countries and economic recovery, which is characterized by many advantages. The first advantages are speed and safety, and secondly, the quantities transported by trains are large compared to other means of transport, in addition to the fact that prices are competitive and thus achieve the desired goal, whether for the beneficiary. of goods or carriers, as well as employing a large workforce and establishing yards for exchanging goods at the borders.”[/size]
    [size=45]Husseini emphasized; The company started developing the railway network in Iraq with the establishment of the great port of Faw through contracting with one of the international companies to develop the entire railway network to deliver it to Europe through Turkey, noting that “studies indicate the success of the port of Faw depends by 33 percent on the development of the network. Railways".[/size]
    [size=45]He explained that "the studies, designs and implementation for the development of the railway network require large funds, because railways are infrastructure and require a long period of time to develop."[/size]
    [size=45]The Prime Minister of Kurdistan Regional Government, Masrour Barzani, had affirmed his reception, CEO of the German railway company "Deutsche Bahn" in Europe, the Near and Middle East, Vincent van Houten, on the importance of the strategic project for rail linking between the provinces of the region, Iraq and neighboring countries.[/size]
    [size=45]During the meeting, Barzani stressed the importance of implementing this vital and strategic project to build a solid economic infrastructure for the Kurdistan Region, link cities and towns with each other, and enhance trade exchanges between the Kurdistan Region and the rest of Iraq and neighboring countries and the world.[/size]
    [size=45][You must be registered and logged in to see this link.]

      Current date/time is Sun Feb 25, 2024 12:05 pm