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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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    “Great importance for contractors”... Turkish anticipation of the launch of the Iraqi Development Ro

    Rocky
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    “Great importance for contractors”... Turkish anticipation of the launch of the Iraqi Development Ro Empty “Great importance for contractors”... Turkish anticipation of the launch of the Iraqi Development Ro

    Post by Rocky Fri 22 Dec 2023, 4:13 am

    [size=35][size=35]“Great importance for contractors”... Turkish anticipation of the launch of the Iraqi Development Road project[/size]
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    Al-Sumaria News - Economy

    Turkish contractors are awaiting practical steps in the “Development Road Project” linking Turkey and Iraq to the Gulf countries, to benefit from the investment opportunities resulting from the project.


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    The head of the Turkish Contractors Union (TMB), Erdal Eren, says that the steps that will be taken in the “development road project” that will link...[You must be registered and logged in to see this link.] B[url=https://www.alsumaria.tv/Entity/47570/%D9%85%D9%86%D8%B7%D9%82%D8%A9 %D8%A7%D9%84%D8%AE%D9%84%D9%8A%D8%AC/ar/]Gulf area[/url]It is of great importance for Turkish contractors.

    In an interview with Anadolu, about his assessment of the sector’s activities and goals for the coming year, he said that the contracting sector is in[You must be registered and logged in to see this link.]It is ahead of most similar sectors around the world.



    The contracting sector was in[You must be registered and logged in to see this link.]It was negatively affected by the Corona pandemic and the Russian-Ukrainian war... “These two developments greatly affected the contracting sector, in terms of manpower, energy, and prices of basic commodities.”

    “We are aiming to re-accelerate offshore contracting services, they have drawn up concrete proposals for the reconstruction of Ukraine and are working to maintain relations with[You must be registered and logged in to see this link.]To raise it to previous levels.”

    And the “Development Road” project announced by the Iraqi Prime Minister[url=https://www.alsumaria.tv/Entity/2793230493/%D9%85%D8%AD%D9%85%D8%AF %D8%B4%D9%8A%D8%A7%D8%B9 %D8%A7%D9%84%D8%B3%D9%88%D8%AF%D8%A7%D9%86%D9%8A/ar/]Muhammad Shiaa Al-Sudani[/url]Late last May, it includes the land and railway road extending from[You must be registered and logged in to see this link.]to[You must be registered and logged in to see this link.]And its ports.

    The road begins from the port of Al-Faw in the Gulf of Basra, and is planned to consist of a land and railway road with a length of 1,200 kilometers within Iraqi territory, and to link it to the Turkish railway network.

    The investment budget for the project amounts to about 17 billion dollars, and it will be completed in three phases, the first ending in 2028, the second in 2033, and the third in 2050.

    “Aren” stated that they attach great importance to the Gulf countries with the improvement of political relations, “as the focus began on activities that would Increasing presence in the region, especially in Saudi Arabia[You must be registered and logged in to see this link.]He said: “

    In the first phase, we are looking at Saudi Arabia, which has annual trade potential worth billions of dollars. Saudi Arabia is a candidate to compensate for the decline in activities with...[You must be registered and logged in to see this link.]Because of the war.”

    He pointed out that there is cooperation in future infrastructure and superstructure projects with[You must be registered and logged in to see this link.]He stressed that the steps that will be taken in the development road project that will link...[You must be registered and logged in to see this link.]In the Gulf through a road and railway network that is of great importance to Turkish contractors.

    The volume of international projects in the real estate sector in which Turkish companies have participated since the 1970s until today amounts to approximately 12,000 projects in 135 countries, worth $500 billion, according to data issued by[url=https://www.alsumaria.tv/Entity/3009745939/%D9%88%D8%B2%D8%A7%D8%B1%D8%A9 %D8%A7%D9%84%D8%AA%D8%AC%D8%A7%D8%B1%D8%A9 %D8%A7%D9%84%D8%AA%D8%B1%D9%83%D9%8A%D8%A9/ar/]Turkish Ministry of Trade[/url].

    While the value of projects undertaken by the Turkish contracting sector outside the country during the first seven months of this year amounted to 8 billion and 933 million dollars.

    According to data[url=https://www.alsumaria.tv/Entity/3009745939/%D9%88%D8%B2%D8%A7%D8%B1%D8%A9 %D8%A7%D9%84%D8%AA%D8%AC%D8%A7%D8%B1%D8%A9 %D8%A7%D9%84%D8%AA%D8%B1%D9%83%D9%8A%D8%A9/ar/]Turkish Ministry of Trade[/url]The contracting sector has undertaken 120 projects outside the country during the first seven months of the year 2023.

    Arn believes that the Turkish Contractors Union, which consists of 40 companies, has maintained its global ranking in second place on the list of the top 250 international contractors, by entering and expanding into new markets.

    “We have set a target for the volume of new projects that will be implemented outside[You must be registered and logged in to see this link.]Every year in the coming period, with 20 billion dollars in the short term, and 50 billion dollars in the medium term.

    He expressed his expectation that the new year will be a year in which Turkish contractors attach greater importance to completing more successful projects outside the country. He

    also stressed that continuing Developing the contracting sector within the framework of its vision to always be one step ahead of the rest of the competitors.

    “We, in the Contractors Union, have held many meetings with many institutions and organizations at home and abroad, within the scope of studies of sustainability and green transformation.”

    On Tuesday, two delegations from[You must be registered and logged in to see this link.]And[You must be registered and logged in to see this link.]The steps that must be taken in order to implement the “Development Road” project as soon as possible, as it is expected to contribute to development[You must be registered and logged in to see this link.]And the region.
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