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Economy News - Baghdad
Today, Wednesday, the General Company for Railways determined Iraq's benefit from the international railway connection, while it announced a contract with an Italian company to link the great port of Faw with Turkey.
The Director General of the Iraq Railways Company, Talib Jawad Al-Husseini, told the official news agency, "The company has a high coordination with the governors to rehabilitate the destroyed bridges from ISIS terrorism in the northern and western provinces," noting that "the percentage of destruction in the bridges has reached 90% in some liberated provinces." ".
He added, "The local government in Anbar Governorate, in coordination with the General Company for Railways, is working to restore the destroyed bridges and railways, as well as efforts to re-establish the Mosul train station after it was completely destroyed by ISIS criminal gangs."
Regarding the great port of Al-Faw, Al-Husseini indicated that "the company is working on developing and preparing studies and designs for the port, considering that more than 33% of the port's success depends on the railway network."
He pointed out that "the company has started a contract with an Italian company to prepare studies and designs with a length of 1,300 km, to link the great port of Faw with Turkey, and as a result, the east will be linked to the west through Turkey to market the goods coming to the port of Faw."
He added, "The port will be one of the important projects that will achieve a qualitative leap, by raising and supporting the national economy, as a result of collecting sums through (transit) wages," explaining that "most of the Iraqi provinces will be linked to the railway network."
He noted that "there are 9 provinces linked to the railway network," expressing his hope that "the Italian company will provide studies and designs according to the contract concluded to link all provinces to the railway network for the use of trains for travel and trade."
Added 10/05/2022 - 9:00 PM
Update 10/06/2022 - 11:06 AM
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