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Efforts to establish a development road worth 17 billion dollars
Economical 2023/05/16
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The Ministry of Transport, the General Company for Iraqi Railways, announced the details of the Development Road project and determined the volume of revenues received from it and the total costs for it, while indicating the date of implementation of the suspended train project in the capital, Baghdad, and the reasons for the delay.
accomplished.
The Director General of the General Company for Iraqi Railways, Yunis Khalid, said: A specialized Italian company provided information about the costs of this project, as the railway amounted to 10.5 billion dollars, while the highway will cost 6.5 billion dollars, with a final total of about 17 billion dollars for the project as a whole, with all its services and establishments, according to the news agency. Iraqi (conscious).
Khaled added, "The development road project is strategic and represents Iraq's dream. It is complementary to the great port of Faw project, and it will be the largest in Iraq, and it includes a double railway line, as well as a land road that will be established with the latest technology."
Khaled confirmed that "the project will start serving the port of Al-Faw and other Iraqi ports with a length of 1,200 km and extends from Al-Faw to the Iraqi-Turkish border in the Fishkhabour region," noting that "the railway passes through ten Iraqi provinces."
He explained, "This line is double and its trains are powered by electric power. It is designed with the latest technology and has all safety and modern means of communication," noting that the project will be completed in 2028 and will be an important corridor from Iraq to European markets.
And Khaled indicated that "there are countries that benefit directly and others indirectly, the first of which is the neighboring countries of Iraq, and Turkey benefits most, because the new global trade route will pass through this project, and it will also become a passage for cargo coming from East Asia. As for the indirect beneficiaries, they are all connected European countries." Originally with a railway network between all its countries.
Khaled said that there are efforts by the Ministry of Transport to purchase new and modern trains, explaining that the movement of passengers needs other new trains, especially after the opening of new lines towards the governorates of Anbar, Nineveh and Kirkuk after the completion of the Fatha Bridge.
He added that the railways have new plans to develop the current vehicles in a modern manner and in cooperation with international companies so that these trains are suitable for the Iraqi citizen and equipped with the latest methods of comfort and entertainment.
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