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2026.. The first ship docks in the large port of Al-Faw
Iraq 05/16/2024
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The General Company for Iraqi Ports expects that the year 2026 will witness the docking of the first ship in the large port of Al-Faw, which means it enters work.
The company's general manager, Dr. Farhan Al-Fartusi, said in an interview with "Al-Sabah": "The company is proceeding at a continuous pace and with close follow-up by Prime Minister Muhammad Shiaa Al-Sudani for the project to operate the integrated port that is interconnected with the path of development as it is an economic project."
He added, "The project will provide about 100,000 job opportunities in the first stages of its operation if it is linked to the development project, so that one complements the other," noting that "there is ongoing work and expansion of Al-Faw Port, where one of the Turkish investment companies will implement the grain handling yard, and soon work will begin on the gas station." The issues announced by the Prime Minister, and the Council of Ministers also took a decision to transfer the Al-Faw refinery with a petrochemical plant at a cost of more than 20 billion dollars, in addition to the company that was assigned to complete the desalination plant has begun surveys, so business is increasing and future expansions will increase job opportunities in the future.” .
Al-Fartusi pointed out, “There is a negotiating meeting with the Chinese company (CRBC) to implement Container Terminal No. 2, which consists of 5 berths that complement the port’s five berths, and there are ongoing and ongoing offers that come to us via e-mail and direct communication through the company’s headquarters to obtain opportunities.” Investment within the economic zone.
He continued, "There is a directive from the Prime Minister that it is necessary to proceed quickly with all requirements for the success of the project, and at the same time implement the quadripartite agreement, hold a meeting between the parties, and pave the way for all countries to enter into this large project, which does not only represent Iraq, but is a regional, international, and economic project to connect the East with the West."
The company's general manager stated that "the Grand Al-Faw Port is an economical, long-term project that was carefully calculated through a feasibility study, and is divided into three phases, the first to be completed in 2028, the second in 2038, and the third in 2050. It is proceeding according to the planned expectations for the volume of economic exchange, taking into account Any change in global economic policy that the company’s staff monitors to harmonize with it.”
Edited by: Wael Al-Maluk
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