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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

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Iraq Counts on the Grand Faw Port, and an Expert Says: It Will Change the Economy - Urgent

    Rocky
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    Iraq Counts on the Grand Faw Port, and an Expert Says: It Will Change the Economy - Urgent Empty Iraq Counts on the Grand Faw Port, and an Expert Says: It Will Change the Economy - Urgent

    Post by Rocky Thu Nov 07, 2024 6:25 am

    Iraq Counts on the Grand Faw Port, and an Expert Says: It Will Change the Economy - Urgent
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    Baghdad Today - Baghdad
    Economic expert Nasser Al-Kanani confirmed today, Thursday (November 7, 2024), that the Grand Faw Port will significantly change the Iraqi economy during the next stage.
    Al-Kanani told Baghdad Today, "The Grand Faw Port has great importance on the economic and financial level, and this port will significantly change the Iraqi economy during the next phase, and thus the port will be a direct link between East Asia and Western Europe."
    He said, "The port will drive the wheel of economic development in Iraq and will have great financial benefits for Iraq. Therefore, there is great governmental interest in this project and the speed of its completion due to its economic and financial importance for Iraq. This port will be a transport station for all countries in the region and the world."
    Prime Minister Mohammed Shia al-Sudani arrived today, Thursday (November 7, 2024), at the Grand Faw Port in Basra Governorate.
    A statement issued by his office, received by Baghdad Today, stated that Al-Sudani will sponsor the ceremony of receiving the five port berths from the Korean company implementing the work.
    The port, which is being built by South Korea's Daewoo under a deal worth about $5 billion, is located at the mouth of the Shatt al-Arab, where the Euphrates and Tigris rivers meet before flowing into the sea. It is expected to be the largest port in the Middle East upon completion .
    It will be built on an area of ​​54 square kilometers and has a capacity of 90 berths. The port’s “breakwater,” which is approximately 14,523 kilometers long, has entered the Guinness Book of Records as the longest breakwater in the world .
    Two industrial zones, residential projects, and travel and tourism areas will be built around the port, which is being built in five phases, with the first phase of the port project due to be completed and operational by the end of 2025 .
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