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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


    Economists: the commercial Corridor project with neighboring countries will drive the economy in the

    Hkp1
    Hkp1
    Hkp1
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    Posts : 3118
    Join date : 2012-12-19
    • Post n°1

    Economists: the commercial Corridor project with neighboring countries will drive the economy in the Empty Economists: the commercial Corridor project with neighboring countries will drive the economy in the

    Post by Hkp1 Sun 05 May 2013, 2:19 pm

    Economists: the commercial Corridor project with neighboring countries will drive the economy in the country

    05-05-2013 12:16 PM


    Baghdad
    (News)/report/bahtik/... Seeking Iraqi Ministry of reconstruction and
    housing construction road lines and iron train railway linking the
    capital Baghdad to neighbouring capitals, with a view to promoting
    commercial exchanges between Iraq and surrounding countries.

    The
    Iraqi Government approached the Governments of neighbouring States on
    the implementation of the trade corridor project, and expressed their
    readiness to implement the project, because the common interests of all
    States in the region.

    A number of lawmakers and economists (News
    Agency) the importance of the creation of this project being one of the
    strategic projects in which significant economic returns to the country,
    especially since Iraq has great geographical position linking Asia with
    Europe, which would facilitate the transfers of goods and trade
    exchanges.

    The World Bank has expressed its readiness to provide financial support for the implementation of the trade corridor project.

    Member
    of the Committee for economy and investment/MP Ibrahim Al-Rikabi, said:
    the importance of implementing the commercial Corridor project with
    neighboring countries to promote trade exchanges, and facilitate the
    transport of goods.

    Rikabi said (News Agency): the commercial
    Corridor project between Iraq and neighboring countries need a lot of
    money, noting that the Iraqi Government is relying on the law of the
    infrastructure, it will be able to build a railway linking the capital
    of Baghdad to the Iraqi border.

    Explained: the law also would
    allow Iraq a road up to the capitals of neighboring countries, which
    will facilitate the implementation of the trade corridor project between
    Iraq and surrounding countries.

    He added: the commercial
    corridor is an important economic projects that will boost revenue by
    facilitating transfers of goods and promote trade exchanges, especially
    the strategic position that Iraq is a focal point for trade with
    countries around the world.
    Iraq Corridor project is a commercial
    strategic projects that will provide Iraq with economic and commercial
    corridors and will make Iraq a focal point between the North and the
    South.

    The Finance Ministry adviser Helal altaian reported: that
    such a project would cost $ 30 billion and Iraq $ 10 billion insurance
    Max.

    Although the Iraqi budget for 2013 amounting to 118 billion
    dollars, but observers believe that Iraq will not be able to afford
    commercial Corridor project alone.

    Altaian stressed (News
    Agency): the need for neighbouring States, referring to the huge
    economic benefits that would accrue if the Iraq project implementation,
    with 31 private banks in Iraq, these banks appear unable to contribute
    to the financing of large-scale projects as Iraq international trade
    corridor project, some economists assert that the Government's failed
    economic plans were a reason for non-inclusion of private banks within
    their projects.

    The Economist called Ismail Radi, the importance
    of focusing on the creation of such strategic projects because it will
    move the country's economy and ensure significant financial returns to
    the State.

    He said content (News Agency): the commercial Corridor
    project announced by the Ministry of construction and housing is of
    vital projects which strengthen economic and commercial cooperation of
    Iraq with neighbouring States.

    The project includes the linking
    Iraq with the surrounding area with expeditious transmission lines which
    will facilitate the transfer of goods between States, the importance of
    accelerating its implementation through coordination with neighbouring
    countries to Iraq.

    He added: the Federal Government is required
    to allocate sufficient funds for the purpose of implementing the project
    to become the Iraq international trade corridor transit all global
    goods.

    And construction and Housing Minister Mohamed Al-daradji
    holder discussed with IDB Saudi Iraq trade corridor project with
    neighboring countries including Saudi Arabia to reach common
    understandings about the Bank's contribution in providing financial and
    technical support to the project above making Iraq an important trade to
    neighbouring countries and the countries of the world.

    The
    Minister of construction and housing had already announced that this
    year will be the year of roads because of its great importance in saving
    lives from accidents that occur annually and that the Ministry has
    drawn up a plan include the creation of corridors for all secondary
    roads linking the provinces along roads linking the provinces and
    Baghdad to be safe for road users

    It should be noted that this
    project will be the first cooperation with neighboring countries to
    create quick ways and develop trade, economic and tourism./finished/8 l.
    Eng.


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