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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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    What are the rates of completion on the “Development Road”?... Al-Kaabi: We will develop new highway

    Rocky
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    What are the rates of completion on the “Development Road”?... Al-Kaabi: We will develop new highway Empty What are the rates of completion on the “Development Road”?... Al-Kaabi: We will develop new highway

    Post by Rocky Thu 06 Jun 2024, 5:04 am

    What are the rates of completion on the “Development Road”?... Al-Kaabi: We will develop new highways and lines

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    Economy News - Baghdad
    [rtl]The General Company for Iraqi Railways, affiliated with the Ministry of Transport, confirmed today, Wednesday, that the Development Road Project will develop highways and new railway lines, stressing that there is a tendency to hold a ministerial meeting between the countries that signed the quadripartite memorandum in the next short period.[/rtl]
    [rtl]The company's general manager, Younis Al-Kaabi, said, "The designing company achieved advanced rates with the initial designs of the road, as the percentage of railway designs exceeded 76%, the highway designs reached approximately 66%, and soil and topographic surveys exceeded 90%." [/rtl]
    [rtl]He added, "Iraq is about to contract with the consulting company (Oliver Wyman) after the authorization of the Council of Ministers," explaining that "the company will give global reliability to the path of development, work to attract investors and give the financial map for the implementation of this project, in addition to the agreement and the quadripartite memorandum that Iraq signed." With brotherly and friendly countries during the recent visit of Turkish President Recep Tayyip Erdogan to Baghdad, which will be a major gateway to the path of development and absolute international support.” [/rtl]
    [rtl]He pointed out that "there are ongoing discussions in Turkey with the World Bank to support the path to development," adding that "Iraq is taking steady steps within the timings set by the government for this project." [/rtl]
    [rtl]Al-Kaabi stated that “the development road will create completely new roads, whether railways or highways, with special paths and an operating method different from the current operating method,” noting that “the state is determined to develop highways and there is a campaign to rehabilitate highways in Baghdad and the provinces so that they are prepared for transportation.” The cargoes coming from Al-Faw Port and the development that the port sector will witness after the opening of the Grand Al-Faw Port.” [/rtl]
    [rtl]Regarding the quadripartite agreement, Al-Kaabi confirmed that “the memorandum was signed between the countries supporting the path of development, which are Iraq, Turkey, Qatar, and the Emirates, and the coordinating committee for this memorandum was established, and in the coming period the first ministerial conference for the memorandum will be held to set practical steps for the path of development,” pointing out that “the memorandum It stipulated that the doors are open to all countries wishing to join this memorandum, and Iraq is open to all countries on the path to development. [/rtl]
    [rtl]Al-Kaabi continued his speech, "Major international companies will contribute to implementing the path of development, whether in railways, highways, communications, the energy sector, investments, and industrial cities."[/rtl]
     
     



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