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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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    A report questioning the economic feasibility of Iraqi ports, including Al-Faw, for several reasons

    Rocky
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    A report questioning the economic feasibility of Iraqi ports, including Al-Faw, for several reasons Empty A report questioning the economic feasibility of Iraqi ports, including Al-Faw, for several reasons

    Post by Rocky Tue 21 Mar 2023, 5:45 am

    [size=30]A report questioning the economic feasibility of Iraqi ports, including Al-Faw, for several reasons 
    [ltr]2023.03.21 - 12:46[/ltr]
    [/size]
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    Baghdad - people  
    A report published by the Emirates Policy Center stated that the essence of Basra's economic problem lies in the system of dividing resources between the various competing actors who control important and key positions within the government and the deterioration of the infrastructure complementing the port projects.  
      
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    The report, which was followed up by "NAS" (March 21, 2023), added that the partisan sharing of ports led to two main results. First, investment projects are often delayed, hampered or even rejected due to the fierce competition between the various competing forces. Secondly, in the event that the project overcomes these initial obstacles and takes shape on the ground, those who benefit most from it - other than the hybrid actors who initiated the project - are parties that can mobilize the identity dimension and the patronage network in their favour.  
      
    The report pointed out that relying on ports as points of entry and exit only in the country, without developing the infrastructure around these ports that are involved in logistical services and other development activities, could turn these projects into just another source of revenue from which political actors and militants benefit.  
      
    The report concluded that complex projects such as the large FAO project and other projects face multi-level obstacles, starting from the discussion stage to the final stage of these projects. In this sense, the most realistic approach to evaluating these projects is to view them as a choice between two evils; Either there will be no economic development, no new jobs will be created, abandoning the idea of ​​diversifying the economy, or launching a huge economic project - such as the great port of Faw - while accepting the fact that it will enter and be affected by the current system of corruption and servitude.  
      
    The report stated that Iraq seeks to adopt huge infrastructure projects with the aim of developing the economy, diversifying sources of income, and investing in its geographical location. Among the most prominent of these projects is the large port of Faw, which - if completed - will be one of the largest ports in the Middle East.  
      
    The port is planned to accommodate 36 million tons of containerized cargo and 22 million tons of other scattered materials. It is estimated that the revenues of the project will reach about 6 trillion Iraqi dinars (about 4 billion dollars) by 2038.  
      
    The report concluded by saying: Given its large financial cost and its political and social importance, the great Faw project represents an important target for many political actors and armed groups, either with the aim of controlling it or undermining it to achieve personal gains and political goals
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