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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

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Established in 2006 as a Community of Reality

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    Transportation: Al-Faw port assignments are sufficient until September only

    Rocky
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    Transportation: Al-Faw port assignments are sufficient until September only Empty Transportation: Al-Faw port assignments are sufficient until September only

    Post by Rocky Mon 14 Mar 2022, 5:26 am

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    [size=52]Transportation: Al-Faw port assignments are sufficient until September only[/size]

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     Baghdad: Batoul Al-Hasani

    The Ministry of Transport acknowledged that the allocations for the construction of the Grand Faw port are sufficient until next September, and noted the existence of direct exchange doors for the project that will not be affected by the delay in approving the current year's budget.
    Farhan Al-Fartousi, director of the General Company for Iraqi Ports, affiliated with the ministry, said: "The Ministry of Transport is working to separate the financial allocations for the Great Port of Faw from its allocations in the current year's 2022 budget, so that there will be more interest in this project by the government."
    He pointed out that “the final amounts of the project have not been allocated within the budget because it is still in circulation until now.” Al-Fartousi noted, “there is a difference in currency exchange rates because the budget is in dinars and the contract concluded for the implementation of port projects was made in dollars, as the large difference in amounts is being processed after changing the exchange rate.” By recalculating costs in order to secure them during subsequent budgets.” He explained that "the funds in the port's balance can secure work on the project until next September at a single pace and without delay."
    He pointed out that "the ministries of Planning and Finance were quick to assign the port with a new system in the event of delay in launching the financial allocations within the 2022 budget through a direct disbursement door for the project in order to continue it without interruption." , with a high-level organization between the Italian and Korean companies as a result of the existence of a coordination plan between all the parties working on the site in order to bring the project to the required completion stages, especially since there is an overlap between the container yards project implemented by the Korean company (Daewoo) and the docks project entrusted with its implementation by the Italian company. A schedule has been adopted to ensure that the work of all parties does not overlap.

     Editing: Ali Mowaffaq
    Disclaimer: All published articles represent the opinion of its authors only[/size]
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