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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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    The Iraqi development path is besieged by conflicting political wills and economic interests

    Rocky
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    The Iraqi development path is besieged by conflicting political wills and economic interests Empty The Iraqi development path is besieged by conflicting political wills and economic interests

    Post by Rocky Wed 13 Sep 2023, 10:56 am

    [size=38]The Iraqi development path is besieged by conflicting political wills and economic interests[/size]


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    September 13, 2023[You must be registered and logged in to see this link.]
    Baghdad/Al-Masala Al-Hadath: The Iraqi development road, which is supposed to be completed after about four to five years, faces a new challenge, which is an Indian-Gulf railway link project to Europe, under American sponsorship, in addition to the challenges of financing, security, and rival political wills, as well as the conflicting economic interests with the project in the Gulf states and Iran. .
    The land transport corridor to be established between Iraq connects the countries of Asia to Europe via Iraq, passing through the waters of the Arabian Gulf. It is assumed that the beginning of 2023 is the date for completion of the first phase of the dry canal designs, and it will extend for a length of 1,200 km.
    Iran, as a regional power, may feel that this project threatens its interests, and work to obstruct its path. Because it will be an alternative to linking the Far East and Europe.
    Observers warn that political instability and insecurity in Iraq may endanger the project.
    The economic expert, Nabil Al-Marsoumi, explained that there are many obstacles standing in his way, the first of which is financing, and how to finance this project, which in the first phase requires 17 billion dollars, because relying on foreign investment as an option to implement this project is incorrect, in addition to the security factor as well, when this passes. The line extends to 10 Iraqi governorates outside the borders of these governorates. There is certainly difficulty in ensuring protection, as it may be exposed to terrorist attacks from time to time, in addition to the energy problem. We need to build large energy stations that do not
    In addition to its impact on Bandar Abbas Port in Iran, the new Iraqi project may affect Khalid Port in Sharjah, and Jebel Ali Port in Dubai, as well as its strong competition with the Red Sea transportation route and the Suez Canal in Egypt.
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