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[size=36]Transport: A plan to increase the capacity of Umm Qasr Port to 1.5 million containers[/size]
Local | 07:46 - 08/28/2024
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Mawazine News - Baghdad
The Iraqi General Railway Company, affiliated with the Ministry of Transport, revealed today, Wednesday, a plan to rehabilitate all its sections, and while it indicated that it needs about 3 billion dollars, it confirmed at the same time the existence of a plan to expand the capacity of Umm Qasr Port to about 1.5 million containers.
The company's general manager, Younis Khaled Jawad, said: "We are planning, within the development road project, to establish a railway line and a highway linking the current ports and Faw Port to the Iraqi-Turkish border, passing through 11 Iraqi governorates. This trend means that the Iraqi state is today paying attention to the Iraqi economy, which has begun to make leaps, and this will be supported by the opening of Faw Port at the end of 2025."
Jawad pointed out that "Umm Qasr Port will expand in additional stages within a coordinated plan, and its capacity will increase to about one and a half million containers annually, in addition to the oil ports and other small ports, as we will be facing an economic package, and we will not wait for 2029 or 2030 to start the development road."
He added, "We have an ambitious project to increase the length of the current railways, which are about 2,200 kilometers, as we need to add sections and we need to connect the Faw port to this network, reaching approximately 120 kilometers between the Faw port and the Shuaiba station, so that we can connect the Faw port, while the Umm Qasr port is already connected to this network."
Jawad continued, "According to estimates, the Ministry of Planning needs 2 billion and 800 million dollars to achieve this goal and improve the reality of the railways. This includes the sections, the current rehabilitation, intersections with roads, and building a signaling system from Faw to Fishkhabour, starting with a new signaling system to ensure the safety of the trains. Part of these amounts will be financed from the federal budget, and the rest will be financed through loans from the World Bank. We have remaining funds collected for this project, and in 2026 we may need a loan, but the largest part will be financed from the federal budget."
The company's general manager, Younis Khaled Jawad, said: "We are planning, within the development road project, to establish a railway line and a highway linking the current ports and Faw Port to the Iraqi-Turkish border, passing through 11 Iraqi governorates. This trend means that the Iraqi state is today paying attention to the Iraqi economy, which has begun to make leaps, and this will be supported by the opening of Faw Port at the end of 2025."
Jawad pointed out that "Umm Qasr Port will expand in additional stages within a coordinated plan, and its capacity will increase to about one and a half million containers annually, in addition to the oil ports and other small ports, as we will be facing an economic package, and we will not wait for 2029 or 2030 to start the development road."
He added, "We have an ambitious project to increase the length of the current railways, which are about 2,200 kilometers, as we need to add sections and we need to connect the Faw port to this network, reaching approximately 120 kilometers between the Faw port and the Shuaiba station, so that we can connect the Faw port, while the Umm Qasr port is already connected to this network."
Jawad continued, "According to estimates, the Ministry of Planning needs 2 billion and 800 million dollars to achieve this goal and improve the reality of the railways. This includes the sections, the current rehabilitation, intersections with roads, and building a signaling system from Faw to Fishkhabour, starting with a new signaling system to ensure the safety of the trains. Part of these amounts will be financed from the federal budget, and the rest will be financed through loans from the World Bank. We have remaining funds collected for this project, and in 2026 we may need a loan, but the largest part will be financed from the federal budget."
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