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[size=35][size=35]“If you bring the equipment, let’s begin.” Revealing the secrets of Erdogan’s visit to Iraq and the “path to development”[/size]
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05-09-2024 | 03:57
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Alsumaria News - Economy
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The agreement promises huge investments by combining highways and railways from Basra to the Turkish border. This will allow ships coming from China and other [url=https://www.alsumaria.tv/entity/4063463641/%D8%A7%D9%84%D8%AF%D9%88%D9%84 %D8%A7%D9%84%D8%A2%D8%B3%D9%8A%D9%88%D9%8A%D8%A9/ar/]Asian countries[/url] to deliver their goods to Europe with ease.
Al Jazeera Net discussed the details of the project, its impact on the region, the start date and completion date, in a special interview with [url=https://www.alsumaria.tv/entity/3573469292/%D8%A7%D9%84%D9%86%D9%82%D9%84 %D8%A7%D9%84%D8%AA%D8%B1%D9%83%D9%8A/ar/]Turkish Transport[/url] Minister Abdulkadir Oraloglu.
*What is the financial size of the “Development Road” project? And what does it cost?
First, let's do a brief evaluation of the project. Through the "Development Road" project that we are implementing, based on Turkey's strategic location and growing global trade, we will provide land and rail transportation from the Al-Faw port being built in Iraq to London, which will provide uninterrupted transportation to all European countries. Through the "Development Road" project, which we regard as the New Silk Road, we will further strengthen the economic and geopolitical situation of our country. By implementing this project, we will significantly reduce the travel time between Asia and Europe via Türkiye.
Starting from Al-Faw Port, the project will shorten time by approximately 15 days compared to ships traveling to Europe via the Suez Canal, by linking Al-Faw Port to the Turkish border via a 1,200-kilometre railway and highway, and the project will open a new door for regional trade.
No project submitted.[url=https://www.alsumaria.tv/entity/2642643810/%D8%B7%D8%B1%D9%8A%D9%82 %D8%A7%D9%84%D8%AA%D9%86%D9%85%D9%8A%D8%A9/ar/]Development path[/url]“Not only is it a transportation corridor at an affordable cost and in a short period of time, but it also complements the existing transportation corridors as it connects the eastern and western corridors in the north-south direction, which contributes directly to the global trade system and contributes to the development and growth of all participating countries.
The length of the railway from our country is[You must be registered and logged in to see this link.]This corridor crossed 2,088 kilometers. Construction work continues on part of the 130-kilometre-long corridor, while the remaining part will be put out to tender.
As for the land road, it will be 1,912 km long, in addition to a new 320 km long highway between Sanliurfa and Ovaköy.
Regarding the financial aspect, at the moment, if I give a certain number, I may be inaccurate. However, we expect a cost of between $8 billion and $15 billion in the early stages, and may reach $20 billion. But of course, the exact numbers will emerge as the project progresses. Regarding financing, we agreed in principle to obtain loans mainly from international financing companies.
*What are the expected benefits ?[You must be registered and logged in to see this link.]And[You must be registered and logged in to see this link.]Qatar, the Emirates, and the countries of the region in general?
It is known that in the 21st century, especially in China, industries and production of raw materials in Southeast Asian countries have increased simultaneously with the increase in the volume of trade with...[You must be registered and logged in to see this link.]. For this reason, trade corridors between Asia and...[You must be registered and logged in to see this link.]Once again among the world's most important trade corridors.
In this context, there are 3 main trade routes: northern, central and southern.
*The northern path starts from East Asia and passes through Russia to reach[You must be registered and logged in to see this link.].
*As for the southern one, it passes through the Suez Canal and reaches[You must be registered and logged in to see this link.]Across the Mediterranean.
*And the central one, which was formed[You must be registered and logged in to see this link.]Its focal point, it starts from Southeast Asia and goes beyond the Caspian Sea to reach[You must be registered and logged in to see this link.]Across our country.
In addition, it occupies[You must be registered and logged in to see this link.]It is a vital location on the central and southern paths, and is located specifically in the middle of the northern and southern paths, which extend from the Caucasus countries and Russia to Africa. Thanks to the flight time of about 4 hours, 67 countries with a population of about 1.4 billion people and a trade value of about 8.6 trillion dollars can be reached from our country. In short, our country's importance in international transport and trade is demonstrated by its geographical location and all its advantages.
In addition to geographical advantages, our country's policy always focuses on mutual benefit. We can see clear examples of this in Africa, in the countries of the Turkish Republics, and in the Middle East.
This project has invaluable value for us, and it is valuable for other countries that participated in its signing. There is a significant increase in the volume of trade globally, and thus an increase in transportation as well. In any case, new routes and additional capacity will be needed, and of course more attractive options will become more suitable.
Regarding the benefits of other countries, it will be legitimate[url=https://www.alsumaria.tv/entity/2642643810/%D8%B7%D8%B1%D9%8A%D9%82 %D8%A7%D9%84%D8%AA%D9%86%D9%85%D9%8A%D8%A9/ar/]Development path[/url]It is an international transport corridor, but it is not just a transport, energy or communications project. It is also a development project par excellence, as its name suggests.
To give you a clear example: we opened the Istanbul-Izmir Highway, and we say that we reduced the travel time from 8.5 hours to 3.5 hours. If we had not opened the road, the increased number of cars and traffic would have made this trip take 11.5-12 hours a day.
We have overcome this increase in travel time thanks to the new highway. But was this increase in flight the goal? of course not. The highway was built on the path of 12 industrial zones, making it a logistics and production center.
This applies exactly to[url=https://www.alsumaria.tv/entity/2642643810/%D8%B7%D8%B1%D9%8A%D9%82 %D8%A7%D9%84%D8%AA%D9%86%D9%85%D9%8A%D8%A9/ar/]Development path[/url]In addition to the importance of transportation, all countries along the route will have enormous production potential, workforce and industry, and will therefore develop faster. This will contribute directly to our employment rates, as well as production.
*How will this project, which is being implemented as an alternative to global maritime trade lanes, affect?
In the context of the transformation that began in global supply chains with the “Covid-19” pandemic and the acceleration of the process of change in the logistics map of the region in which we live after the Russian-Ukrainian war that began in 2022, and the security crisis in the Red Sea region increased due to the war between Israel and Palestine since October/ October 2023 Due to the difficulty of commercial ships passing through the Suez Canal. This route became unpopular with international shipping companies, and they began heading instead to the Cape of Good Hope.
The ships depart from China, pass through the Cape of Good Hope, and arrive in London in about 45 days instead of 35 days. This means an increase of approximately 30% in costs, which is a significant and significant time difference.
In addition, insurance costs for ships using this route have increased significantly. So, if we have completed a project[url=https://www.alsumaria.tv/entity/2642643810/%D8%B7%D8%B1%D9%8A%D9%82 %D8%A7%D9%84%D8%AA%D9%86%D9%85%D9%8A%D8%A9/ar/]Development path[/url]Today, the 45-day time period will be reduced to 25 days, which will also reduce costs.
*Security is the most important aspect of the project. There are security risks b[You must be registered and logged in to see this link.]. How will these risks be overcome?
Following my visits to[You must be registered and logged in to see this link.]I noticed that he was determined to become a stable country. Strong steps are being taken towards confirming that he exists and decides. Cooperation with[You must be registered and logged in to see this link.]Eliminating terrorism in its territories is of great value.
During our last visit, this was already one of the agenda items, as they aspire to become a safe country and aim to develop their country and people with their own resources. Of course, these security problems will continue in a certain way, but they will certainly diminish.
Frankly, our expectations are that the projects we have implemented will also contribute to the security process. Despite the delicate balance that the current Prime Minister of Iraq maintains due to the current changes, we believe that he can take clear initiatives. They also clearly demonstrated their will to ...[url=https://www.alsumaria.tv/entity/2642643810/%D8%B7%D8%B1%D9%8A%D9%82 %D8%A7%D9%84%D8%AA%D9%86%D9%85%D9%8A%D8%A9/ar/]Development path[/url]. Therefore, I believe that the security risks related to can be overcome[url=https://www.alsumaria.tv/entity/2642643810/%D8%B7%D8%B1%D9%8A%D9%82 %D8%A7%D9%84%D8%AA%D9%86%D9%85%D9%8A%D8%A9/ar/]Development path[/url].
*Does Iran support efforts through this project?[You must be registered and logged in to see this link.]To become a fully independent country?
As I mentioned earlier, we are in[You must be registered and logged in to see this link.]We build our relationships with our neighbors on the basis of mutual profit. Of course, we can negotiate with countries that wish to join. So far, I have not felt any real obstacles from Iran regarding the project.
*The United States had previously announced its support for the India Corridor project, which passes through Israel. Will you provide support for this project?
The most important outcome of the G20 summit held in India was the announcement of a plan to establish a railway and port network linking India to the Middle East and linking the Middle East to...[You must be registered and logged in to see this link.], called the IMEC corridor.
It is a corridor that starts from India and passes through the Arabian Peninsula and passes through 4 countries. But it is not an actual project, but rather a response. As His Excellency the President pointed out, there cannot be a corridor without[You must be registered and logged in to see this link.]. For us, IMEC does not have a strong base. Of course, competition between countries will certainly affect us.
*With the implementation of the project, large commercial interactions will occur in a wide area from the Gulf of Basra to the Turkish border. What do you expect about the political and social impacts in the region?
One of the main drivers for the emergence of the project "[url=https://www.alsumaria.tv/entity/2642643810/%D8%B7%D8%B1%D9%8A%D9%82 %D8%A7%D9%84%D8%AA%D9%86%D9%85%D9%8A%D8%A9/ar/]Development path[/url]“The construction of Al-Faw Port was an influential factor in accelerating the pace of work on the project. But what is most important to us is the look[You must be registered and logged in to see this link.]to[You must be registered and logged in to see this link.]In this regard and their view of this project.
During our recent visit to[You must be registered and logged in to see this link.]Which we did accompanied by His Excellency the President, who was the Prime Minister[url=https://www.alsumaria.tv/entity/1199849658/%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], eagerly waiting for the work to begin, saying, “If you bring the equipment, let’s get started.” There was great enthusiasm, of course due to the political and social implications that this project would have for their countries. Of course, this project will have major implications for stability[You must be registered and logged in to see this link.]And its economic and social development.
As His Excellency the President always says, “The road leads to production.” The farmer sells his crops, the tourist travels, the industrialist exports, and the carrier transports materials. Thanks to the road, investment comes, industry develops, the country grows, the economy flourishes, and jobs are secured. Everyone takes his profit through legitimate means. So, the road is the pillar of the economy, production and industry, just like energy, technology and innovation.
Moreover, the project will "[url=https://www.alsumaria.tv/entity/2642643810/%D8%B7%D8%B1%D9%8A%D9%82 %D8%A7%D9%84%D8%AA%D9%86%D9%85%D9%8A%D8%A9/ar/]Development path[/url]“To generate an economic boost and provide significant job opportunities during the construction phase. As you know, construction is one of the driving force sectors of the economy in the development process, as it feeds up to 150 side sectors such as cement, ceramics, furniture, glass and logistics. Therefore, the construction sector represents strategic importance It is undeniable for the economies of the partner countries with this project. As I mentioned previously, we are talking about a cost of up to 8 billion dollars in the first phase, and perhaps exceeding 15 billion or 20 billion.
There is another point that makes us a little proud of our status[You must be registered and logged in to see this link.]. The experience of Turkish construction contractors that they gained over the past 22 years in implementing many large projects within the framework of public-private partnerships, as well as implementing many huge projects for which they were responsible, contributed to accelerating the implementation of new projects in our country with greater success and in less time. Today, Turkish contracting companies that built projects inside and outside the country have raised it to a level where Turkish engineering leads the world. Today, we see roads, airports and metro lines built by Turkish contractors in many countries from[You must be registered and logged in to see this link.]To Africa and from the Turkish Republics to the Arabian Peninsula.
Within the framework of the project "[url=https://www.alsumaria.tv/entity/2642643810/%D8%B7%D8%B1%D9%8A%D9%82 %D8%A7%D9%84%D8%AA%D9%86%D9%85%D9%8A%D8%A9/ar/]Development path[/url]“There is no one who can complete this work faster than us. This is clear. Moreover, it is important that we participate in the project more, and be key parties in it, and this will definitely help Turkish companies to implement these projects. But of course, Local companies that can carry out this work according to their capabilities will participate, incl[You must be registered and logged in to see this link.]In the first place and then the rest of the partner countries.
*Is there a timetable for implementing the project? When are full texts expected? When does work start? When will it be implemented?
As you know, on April 22, we signed the Project Agreement Minutes[url=https://www.alsumaria.tv/entity/2642643810/%D8%B7%D8%B1%D9%8A%D9%82 %D8%A7%D9%84%D8%AA%D9%86%D9%85%D9%8A%D8%A9/ar/]Development path[/url]"With the Ministers of Transport in[You must be registered and logged in to see this link.]Qatar and the Emirates, headed by His Excellency the President.
If we talk about our specific situation, the projects are in the completion stages. In previous months, we met with our Iraqi counterpart[url=https://www.alsumaria.tv/entity/91989273/%D8%B1%D8%B6%D8%A7 %D9%85%D8%AD%D9%8A%D8%A8%D8%B3 %D8%A7%D9%84%D8%B5%D8%AF%D8%A7%D9%81%D9%8A/ar/]Reda Muhaibes Al-Sadafi[/url]In Ankara, we made very important decisions. We agreed to open mutual offices in the two countries. There will be an office for[You must be registered and logged in to see this link.]In Baghdad and an office for Iraq in[You must be registered and logged in to see this link.]Both of them will undertake the work related to...[url=https://www.alsumaria.tv/entity/2642643810/%D8%B7%D8%B1%D9%8A%D9%82 %D8%A7%D9%84%D8%AA%D9%86%D9%85%D9%8A%D8%A9/ar/]Development path[/url]Just.
Our Iraqi partners decided to talk to contracting companies with experience and success in the field of railways, roads and ports.
We also agreed to advance our consulting phase by establishing a joint company. It was discussed at the last meeting we attended, but we have a busy agenda. We also generally agreed on a certain structure for obtaining loans from international financial institutions for project financing, as I mentioned earlier.
I cannot specify a specific start date for the project, but we will start as soon as possible. Our goal is to complete the project[url=https://www.alsumaria.tv/entity/2642643810/%D8%B7%D8%B1%D9%8A%D9%82 %D8%A7%D9%84%D8%AA%D9%86%D9%85%D9%8A%D8%A9/ar/]Development path[/url]By 2030 and services are available there.
It is also important to mention the Zengezur Corridor Project.
We believe that its opening, as well as the BTK line in the Middle Corridor, are of vital importance for strengthening our country's position in the Middle Corridor. In addition to the Baku-Tbilisi-Kars railway line, the Zangzur corridor will further support the development of the central corridor. With its implementation, the distance between Azerbaijan and Turkey will shrink. In the long term, goods heading from the Caspian Sea to the port of Baku will arrive via this corridor directly to Turkey, and it is expected to be shorter than the BTK line.
Thus, we will provide an alternative to Georgia, which relies on the ports of Poti and Batum to transport goods to Europe via the BTK line. After the completion of the Kars-Igder-Delugu railway line project in our country, it will become possible to transport goods entirely via railway on the Baku-Turkey-Europe line. In addition, the Zangzur corridor will be a third alternative after the Baku-Tbilisi-Kars railway project and roads passing through Iran.
In addition to increasing the tonnage to be transported annually, this will also have a positive economic impact on Armenia. Transforming the region into a commercial and energy hub will contribute to the stability and prosperity of neighboring countries. For these reasons, we believe that Armenia will support the project.
I want to emphasize once again that the supply chains of the future will be based on resilience and environmental responsibility. Turkey is ready to lead this transformation through cooperation with its international partners. Together, we can shape the future of global trade and build a more prosperous, sustainable and inclusive world.
We will remain committed to building an integrated international transportation network not only within Türkiye but also on the international stage.
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05-09-2024 | 03:57
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Alsumaria News - Economy
The opening step in an agreement that will directly affect global maritime trade and the economy in the Middle East was launched in Baghdad on April 22, as the transport ministers of Turkey, Iraq, Qatar and the UAE signed the “Memorandum of Development Road Agreement,” which is considered a first stage. In this huge project.
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The agreement promises huge investments by combining highways and railways from Basra to the Turkish border. This will allow ships coming from China and other [url=https://www.alsumaria.tv/entity/4063463641/%D8%A7%D9%84%D8%AF%D9%88%D9%84 %D8%A7%D9%84%D8%A2%D8%B3%D9%8A%D9%88%D9%8A%D8%A9/ar/]Asian countries[/url] to deliver their goods to Europe with ease.
Al Jazeera Net discussed the details of the project, its impact on the region, the start date and completion date, in a special interview with [url=https://www.alsumaria.tv/entity/3573469292/%D8%A7%D9%84%D9%86%D9%82%D9%84 %D8%A7%D9%84%D8%AA%D8%B1%D9%83%D9%8A/ar/]Turkish Transport[/url] Minister Abdulkadir Oraloglu.
*What is the financial size of the “Development Road” project? And what does it cost?
First, let's do a brief evaluation of the project. Through the "Development Road" project that we are implementing, based on Turkey's strategic location and growing global trade, we will provide land and rail transportation from the Al-Faw port being built in Iraq to London, which will provide uninterrupted transportation to all European countries. Through the "Development Road" project, which we regard as the New Silk Road, we will further strengthen the economic and geopolitical situation of our country. By implementing this project, we will significantly reduce the travel time between Asia and Europe via Türkiye.
Starting from Al-Faw Port, the project will shorten time by approximately 15 days compared to ships traveling to Europe via the Suez Canal, by linking Al-Faw Port to the Turkish border via a 1,200-kilometre railway and highway, and the project will open a new door for regional trade.
No project submitted.[url=https://www.alsumaria.tv/entity/2642643810/%D8%B7%D8%B1%D9%8A%D9%82 %D8%A7%D9%84%D8%AA%D9%86%D9%85%D9%8A%D8%A9/ar/]Development path[/url]“Not only is it a transportation corridor at an affordable cost and in a short period of time, but it also complements the existing transportation corridors as it connects the eastern and western corridors in the north-south direction, which contributes directly to the global trade system and contributes to the development and growth of all participating countries.
The length of the railway from our country is[You must be registered and logged in to see this link.]This corridor crossed 2,088 kilometers. Construction work continues on part of the 130-kilometre-long corridor, while the remaining part will be put out to tender.
As for the land road, it will be 1,912 km long, in addition to a new 320 km long highway between Sanliurfa and Ovaköy.
Regarding the financial aspect, at the moment, if I give a certain number, I may be inaccurate. However, we expect a cost of between $8 billion and $15 billion in the early stages, and may reach $20 billion. But of course, the exact numbers will emerge as the project progresses. Regarding financing, we agreed in principle to obtain loans mainly from international financing companies.
*What are the expected benefits ?[You must be registered and logged in to see this link.]And[You must be registered and logged in to see this link.]Qatar, the Emirates, and the countries of the region in general?
It is known that in the 21st century, especially in China, industries and production of raw materials in Southeast Asian countries have increased simultaneously with the increase in the volume of trade with...[You must be registered and logged in to see this link.]. For this reason, trade corridors between Asia and...[You must be registered and logged in to see this link.]Once again among the world's most important trade corridors.
In this context, there are 3 main trade routes: northern, central and southern.
*The northern path starts from East Asia and passes through Russia to reach[You must be registered and logged in to see this link.].
*As for the southern one, it passes through the Suez Canal and reaches[You must be registered and logged in to see this link.]Across the Mediterranean.
*And the central one, which was formed[You must be registered and logged in to see this link.]Its focal point, it starts from Southeast Asia and goes beyond the Caspian Sea to reach[You must be registered and logged in to see this link.]Across our country.
In addition, it occupies[You must be registered and logged in to see this link.]It is a vital location on the central and southern paths, and is located specifically in the middle of the northern and southern paths, which extend from the Caucasus countries and Russia to Africa. Thanks to the flight time of about 4 hours, 67 countries with a population of about 1.4 billion people and a trade value of about 8.6 trillion dollars can be reached from our country. In short, our country's importance in international transport and trade is demonstrated by its geographical location and all its advantages.
In addition to geographical advantages, our country's policy always focuses on mutual benefit. We can see clear examples of this in Africa, in the countries of the Turkish Republics, and in the Middle East.
This project has invaluable value for us, and it is valuable for other countries that participated in its signing. There is a significant increase in the volume of trade globally, and thus an increase in transportation as well. In any case, new routes and additional capacity will be needed, and of course more attractive options will become more suitable.
Regarding the benefits of other countries, it will be legitimate[url=https://www.alsumaria.tv/entity/2642643810/%D8%B7%D8%B1%D9%8A%D9%82 %D8%A7%D9%84%D8%AA%D9%86%D9%85%D9%8A%D8%A9/ar/]Development path[/url]It is an international transport corridor, but it is not just a transport, energy or communications project. It is also a development project par excellence, as its name suggests.
To give you a clear example: we opened the Istanbul-Izmir Highway, and we say that we reduced the travel time from 8.5 hours to 3.5 hours. If we had not opened the road, the increased number of cars and traffic would have made this trip take 11.5-12 hours a day.
We have overcome this increase in travel time thanks to the new highway. But was this increase in flight the goal? of course not. The highway was built on the path of 12 industrial zones, making it a logistics and production center.
This applies exactly to[url=https://www.alsumaria.tv/entity/2642643810/%D8%B7%D8%B1%D9%8A%D9%82 %D8%A7%D9%84%D8%AA%D9%86%D9%85%D9%8A%D8%A9/ar/]Development path[/url]In addition to the importance of transportation, all countries along the route will have enormous production potential, workforce and industry, and will therefore develop faster. This will contribute directly to our employment rates, as well as production.
*How will this project, which is being implemented as an alternative to global maritime trade lanes, affect?
In the context of the transformation that began in global supply chains with the “Covid-19” pandemic and the acceleration of the process of change in the logistics map of the region in which we live after the Russian-Ukrainian war that began in 2022, and the security crisis in the Red Sea region increased due to the war between Israel and Palestine since October/ October 2023 Due to the difficulty of commercial ships passing through the Suez Canal. This route became unpopular with international shipping companies, and they began heading instead to the Cape of Good Hope.
The ships depart from China, pass through the Cape of Good Hope, and arrive in London in about 45 days instead of 35 days. This means an increase of approximately 30% in costs, which is a significant and significant time difference.
In addition, insurance costs for ships using this route have increased significantly. So, if we have completed a project[url=https://www.alsumaria.tv/entity/2642643810/%D8%B7%D8%B1%D9%8A%D9%82 %D8%A7%D9%84%D8%AA%D9%86%D9%85%D9%8A%D8%A9/ar/]Development path[/url]Today, the 45-day time period will be reduced to 25 days, which will also reduce costs.
*Security is the most important aspect of the project. There are security risks b[You must be registered and logged in to see this link.]. How will these risks be overcome?
Following my visits to[You must be registered and logged in to see this link.]I noticed that he was determined to become a stable country. Strong steps are being taken towards confirming that he exists and decides. Cooperation with[You must be registered and logged in to see this link.]Eliminating terrorism in its territories is of great value.
During our last visit, this was already one of the agenda items, as they aspire to become a safe country and aim to develop their country and people with their own resources. Of course, these security problems will continue in a certain way, but they will certainly diminish.
Frankly, our expectations are that the projects we have implemented will also contribute to the security process. Despite the delicate balance that the current Prime Minister of Iraq maintains due to the current changes, we believe that he can take clear initiatives. They also clearly demonstrated their will to ...[url=https://www.alsumaria.tv/entity/2642643810/%D8%B7%D8%B1%D9%8A%D9%82 %D8%A7%D9%84%D8%AA%D9%86%D9%85%D9%8A%D8%A9/ar/]Development path[/url]. Therefore, I believe that the security risks related to can be overcome[url=https://www.alsumaria.tv/entity/2642643810/%D8%B7%D8%B1%D9%8A%D9%82 %D8%A7%D9%84%D8%AA%D9%86%D9%85%D9%8A%D8%A9/ar/]Development path[/url].
*Does Iran support efforts through this project?[You must be registered and logged in to see this link.]To become a fully independent country?
As I mentioned earlier, we are in[You must be registered and logged in to see this link.]We build our relationships with our neighbors on the basis of mutual profit. Of course, we can negotiate with countries that wish to join. So far, I have not felt any real obstacles from Iran regarding the project.
*The United States had previously announced its support for the India Corridor project, which passes through Israel. Will you provide support for this project?
The most important outcome of the G20 summit held in India was the announcement of a plan to establish a railway and port network linking India to the Middle East and linking the Middle East to...[You must be registered and logged in to see this link.], called the IMEC corridor.
It is a corridor that starts from India and passes through the Arabian Peninsula and passes through 4 countries. But it is not an actual project, but rather a response. As His Excellency the President pointed out, there cannot be a corridor without[You must be registered and logged in to see this link.]. For us, IMEC does not have a strong base. Of course, competition between countries will certainly affect us.
*With the implementation of the project, large commercial interactions will occur in a wide area from the Gulf of Basra to the Turkish border. What do you expect about the political and social impacts in the region?
One of the main drivers for the emergence of the project "[url=https://www.alsumaria.tv/entity/2642643810/%D8%B7%D8%B1%D9%8A%D9%82 %D8%A7%D9%84%D8%AA%D9%86%D9%85%D9%8A%D8%A9/ar/]Development path[/url]“The construction of Al-Faw Port was an influential factor in accelerating the pace of work on the project. But what is most important to us is the look[You must be registered and logged in to see this link.]to[You must be registered and logged in to see this link.]In this regard and their view of this project.
During our recent visit to[You must be registered and logged in to see this link.]Which we did accompanied by His Excellency the President, who was the Prime Minister[url=https://www.alsumaria.tv/entity/1199849658/%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], eagerly waiting for the work to begin, saying, “If you bring the equipment, let’s get started.” There was great enthusiasm, of course due to the political and social implications that this project would have for their countries. Of course, this project will have major implications for stability[You must be registered and logged in to see this link.]And its economic and social development.
As His Excellency the President always says, “The road leads to production.” The farmer sells his crops, the tourist travels, the industrialist exports, and the carrier transports materials. Thanks to the road, investment comes, industry develops, the country grows, the economy flourishes, and jobs are secured. Everyone takes his profit through legitimate means. So, the road is the pillar of the economy, production and industry, just like energy, technology and innovation.
Moreover, the project will "[url=https://www.alsumaria.tv/entity/2642643810/%D8%B7%D8%B1%D9%8A%D9%82 %D8%A7%D9%84%D8%AA%D9%86%D9%85%D9%8A%D8%A9/ar/]Development path[/url]“To generate an economic boost and provide significant job opportunities during the construction phase. As you know, construction is one of the driving force sectors of the economy in the development process, as it feeds up to 150 side sectors such as cement, ceramics, furniture, glass and logistics. Therefore, the construction sector represents strategic importance It is undeniable for the economies of the partner countries with this project. As I mentioned previously, we are talking about a cost of up to 8 billion dollars in the first phase, and perhaps exceeding 15 billion or 20 billion.
There is another point that makes us a little proud of our status[You must be registered and logged in to see this link.]. The experience of Turkish construction contractors that they gained over the past 22 years in implementing many large projects within the framework of public-private partnerships, as well as implementing many huge projects for which they were responsible, contributed to accelerating the implementation of new projects in our country with greater success and in less time. Today, Turkish contracting companies that built projects inside and outside the country have raised it to a level where Turkish engineering leads the world. Today, we see roads, airports and metro lines built by Turkish contractors in many countries from[You must be registered and logged in to see this link.]To Africa and from the Turkish Republics to the Arabian Peninsula.
Within the framework of the project "[url=https://www.alsumaria.tv/entity/2642643810/%D8%B7%D8%B1%D9%8A%D9%82 %D8%A7%D9%84%D8%AA%D9%86%D9%85%D9%8A%D8%A9/ar/]Development path[/url]“There is no one who can complete this work faster than us. This is clear. Moreover, it is important that we participate in the project more, and be key parties in it, and this will definitely help Turkish companies to implement these projects. But of course, Local companies that can carry out this work according to their capabilities will participate, incl[You must be registered and logged in to see this link.]In the first place and then the rest of the partner countries.
*Is there a timetable for implementing the project? When are full texts expected? When does work start? When will it be implemented?
As you know, on April 22, we signed the Project Agreement Minutes[url=https://www.alsumaria.tv/entity/2642643810/%D8%B7%D8%B1%D9%8A%D9%82 %D8%A7%D9%84%D8%AA%D9%86%D9%85%D9%8A%D8%A9/ar/]Development path[/url]"With the Ministers of Transport in[You must be registered and logged in to see this link.]Qatar and the Emirates, headed by His Excellency the President.
If we talk about our specific situation, the projects are in the completion stages. In previous months, we met with our Iraqi counterpart[url=https://www.alsumaria.tv/entity/91989273/%D8%B1%D8%B6%D8%A7 %D9%85%D8%AD%D9%8A%D8%A8%D8%B3 %D8%A7%D9%84%D8%B5%D8%AF%D8%A7%D9%81%D9%8A/ar/]Reda Muhaibes Al-Sadafi[/url]In Ankara, we made very important decisions. We agreed to open mutual offices in the two countries. There will be an office for[You must be registered and logged in to see this link.]In Baghdad and an office for Iraq in[You must be registered and logged in to see this link.]Both of them will undertake the work related to...[url=https://www.alsumaria.tv/entity/2642643810/%D8%B7%D8%B1%D9%8A%D9%82 %D8%A7%D9%84%D8%AA%D9%86%D9%85%D9%8A%D8%A9/ar/]Development path[/url]Just.
Our Iraqi partners decided to talk to contracting companies with experience and success in the field of railways, roads and ports.
We also agreed to advance our consulting phase by establishing a joint company. It was discussed at the last meeting we attended, but we have a busy agenda. We also generally agreed on a certain structure for obtaining loans from international financial institutions for project financing, as I mentioned earlier.
I cannot specify a specific start date for the project, but we will start as soon as possible. Our goal is to complete the project[url=https://www.alsumaria.tv/entity/2642643810/%D8%B7%D8%B1%D9%8A%D9%82 %D8%A7%D9%84%D8%AA%D9%86%D9%85%D9%8A%D8%A9/ar/]Development path[/url]By 2030 and services are available there.
It is also important to mention the Zengezur Corridor Project.
We believe that its opening, as well as the BTK line in the Middle Corridor, are of vital importance for strengthening our country's position in the Middle Corridor. In addition to the Baku-Tbilisi-Kars railway line, the Zangzur corridor will further support the development of the central corridor. With its implementation, the distance between Azerbaijan and Turkey will shrink. In the long term, goods heading from the Caspian Sea to the port of Baku will arrive via this corridor directly to Turkey, and it is expected to be shorter than the BTK line.
Thus, we will provide an alternative to Georgia, which relies on the ports of Poti and Batum to transport goods to Europe via the BTK line. After the completion of the Kars-Igder-Delugu railway line project in our country, it will become possible to transport goods entirely via railway on the Baku-Turkey-Europe line. In addition, the Zangzur corridor will be a third alternative after the Baku-Tbilisi-Kars railway project and roads passing through Iran.
In addition to increasing the tonnage to be transported annually, this will also have a positive economic impact on Armenia. Transforming the region into a commercial and energy hub will contribute to the stability and prosperity of neighboring countries. For these reasons, we believe that Armenia will support the project.
I want to emphasize once again that the supply chains of the future will be based on resilience and environmental responsibility. Turkey is ready to lead this transformation through cooperation with its international partners. Together, we can shape the future of global trade and build a more prosperous, sustainable and inclusive world.
We will remain committed to building an integrated international transportation network not only within Türkiye but also on the international stage.
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