Minister of Transport: Berth No. 1 at Al-Faw port is preparing to receive the first ship

[yota691]

The Iraqi Prime Minister lays the foundation stone for the Grand Faw Port project (photos)

 

The Iraqi Prime Minister, Mustafa Al-Kazemi, lays the foundation stone for the large Faw port project in the city of Basra

 April 11, 2021 10:32 AM

Mubasher: The Iraqi Prime Minister, Mustafa Al-Kazemi, laid the foundation stone for the large Al-Faw port project in the city of Basra, on Sunday.

The media office of the Prime Minister stated, through its official account on "Twitter", that the project includes 5 contracts; A blue circle includes the five container berths, a blue circle for filling the container storage and handling yard and digging the internal navigation channel, a blue circle for drilling and furnishing the external navigation channel, the Khor Al Zubair canal tunnel, and a blue circle for the highway linking the port of Al-Faw and Umm Qasr.

At the foundation stone laying ceremony for the Faw Port project, the Prime Minister said that Iraq announces today the start of an important strategic project that has been waiting for the people of the country for many years .

Al-Kazemi added that the large port of Al-Faw will provide great opportunities for Iraq and enhance its geopolitical position in the region and the world, and will create many job opportunities for the people of Basra and the rest of the provinces, and contribute to the development of the province .

He continued: "Many bet on the failure of the project and spread several rumors to frustrate the people, but the project is officially launched today after we finished the planning and negotiations stages and we funded the project from this year's budget."

Al-Kazemi pointed out that the great FAO project is not only for Basra, but rather is a strategic project that contributes to the development and reconstruction of all governorates of Iraq, and makes the country an economic bridge linking the various countries of the region .

And he added: "We are facing a new stage in Iraq's modern history, where we overcome crises, and move towards construction, reconstruction and prosperity. Iraq will rise again with the hands of our young men and women, and today we open the project and we will continue supervision and follow-up to complete it successfully and without delay."

[yota691]

Al-Kazemi: We have succeeded in stopping the waste and the great corruption in the Central Bank auction, and we will not stop

•  Time: 04/11/2021 15:17:57
•  
•  Read: 988 times

  

{Politics: Al Furat News} The Prime Minister, Mustafa Al-Kazemi, confirmed, on Sunday, that we have succeeded in stopping the waste and great corruption in the notorious Central Bank auction, while noting that he is continuing with our procedures and we will not stop

 

During his speech in laying the foundation stone for the project (FCC) for the Southern Refineries Company, Al-Kazemi stated that the enhancement of the improved gasoline production capacity, and the rise of the Central Bank's foreign currency reserves to more than $ 60 billion after it was 51.9 billion before the reform measures of this government were initiated.

 He added, "The increase came as a result of the reform measures taken by the government after many bet on its failure and failure to continue," noting that "we have succeeded in stopping the waste and great corruption in the notorious Central Bank auction and we are proceeding with our measures and we will not stop."

 And he added, "Our measures to fight corruption are continuing despite the obstacles that some try to put in place, but we will continue without retreat." Iraq".

He stressed, "We have overcome many challenges and are working to put the country on the right path. What we ask of our people is patience and a spirit of hope." 

Forgiveness Al-Khalidi

[yota691]

Al-Kazemi tweets from Basra: With deeds, not words, we are moving together towards a better future that Iraq deserves

•  Time: 04/11/2021 11:40:27
•  
•  Read: 1,612 times

  

(Baghdad: Al Furat News) The Prime Minister, Mustafa Al-Kazemi, tweeted today, Sunday, from Basra regarding the start of the implementation of the Faw port project.

 

Al-Kazemi said in a tweet on Twitter, "Mina Al-Faw, the strategic project that we have been waiting for for many years, sees the first actual implementation steps, with the enthusiasm of the Iraqis and their hard work."
He added, "With deeds, not words, we are moving together towards a better future that Iraq and our great people deserve."

Hussein Hatem

[yota691]

Al-Kazemi to the demonstrators: We protect the right to demonstrate, provided that it does not lead to damage or threaten property

•  Time: 04/11/2021 12:25:15
•  
•  Read: 2,119 times

  

(Baghdad: Al Furat News) Prime Minister Mustafa Al-Kazemi met today, Sunday, during his visit to Basra Governorate, a group of young demonstrators who gathered near the gate of the large Faw port project.

 

The media office of the Prime Minister stated in a statement that Al Furat News received a copy of, that "the latter listened to their proposals, and confirmed that the right to demonstrate is a legitimate right and is protected by the state with all its agencies, provided that this right does not lead to damage or threaten public and private property."

According to a statement by his office, Al-Kazemi directed to "prepare for a meeting with a delegation chosen by the demonstrators for the purpose of meeting them in Baghdad, to listen to their demands and put solutions to them."

[yota691]

In pictures .. Al-Kazemi inspects the water desalination project of Abi Al-Khasib and directs its speedy completion

•  Time: 04/11/2021 12:40:10
•  
•  Read: 1,937 times

 

 

 

 

 

 

  

{Baghdad: Al Furat News} The Prime Minister, Mustafa Al-Kazemi, inspected today, Sunday, the desalination plant project in Abu Al-Khasib, during his visit to Basra Governorate.

 

The media office of the Prime Minister said in a statement that Al-Furat News received a copy of it that "Al-Kazemi inspected the desalination plant project in Abu Al-Khasib district in Basra Governorate, during his visit to the governorate, accompanied by a government delegation."

The statement added that "the prime minister was informed of the stages of completion of the project, and the level of work in it."

Al-Kazemi stressed, according to the statement, "the importance of speeding up its achievement with the best possible means to be ready to serve our people in Basra."
 

Hussein Hatem

[yota691]

Transportation: Daewoo has started the field survey work for the Faw Grand Port project

 

Faw Grand Port Project. "Internet"

money and business Economy News - Baghdad The Ministry of Transport announced, on Sunday, that the Korean company implementing the Faw Port project has started the field survey work, after laying the foundation stone for the project this morning, in the presence of Prime Minister Mustafa Al-Kazemi. The ministry said in a statement, seen by Al-Eqtisad News, that “Prime Minister Mustafa Al-Kazemi inaugurated today, Sunday, a project to build five giant berths for unloading ships with a length of 1750 meters, which were implemented within the contract signed with the Korean company Daewoo, which started the field survey procedures in preparation for the start of its work on the project. And in the presence of the technical representative of the Ministry of Transport, the governor of Basra, deputies and directors of formations, and a large gathering of journalists and media professionals.    She added: "As this gigantic project will include the construction of a container yard with a length of 1750 meters, the project of dredging and digging and the construction of a navigation channel inside the port basin with a length of 10 km inside the port, and 13 km outside the port to connect it with the international navigation channel, and the construction of a highway linking the port with the city of Umm Qasr with a length of 63 km. Km, and the construction of a tunnel under the Khor Al-Zubair channel that connects beside the eastern road.    The ministry affirmed, "This project is the vital artery and the backbone of the country's economic life, as it will connect the eastern region with Europe through Iraq, Turkey and Syria, with the so-called dry canal. Once completed, it will become the largest port overlooking the Gulf and the tenth at the level of the world, as its production capacity will reach 99 million tons according to the designs made. Developed by the Italian consulting firm Tektital. " Earlier, Prime Minister Mustafa Al-Kazemi described the Faw port project as a "project for generations and the future."   Al-Kazemi said in a speech during laying the foundation stone for the Fao port project, according to the official agency, that "Iraq faced a great challenge to complete the great FAO project." Earlier in the day, Prime Minister Mustafa Al-Kazemi laid the cornerstone of the Al-Faw port project.   The media office of Prime Minister Mustafa Al-Kazemi said in a statement, “Prime Minister Mustafa Al-Kazemi laid the foundation stone for the Grand Faw Port project (the five contracts), which includes the five container berths, filling the container yard and digging the internal navigation channel, and digging and furnishing the navigation channel. External, the tunnel of the Khor Al-Zubair Canal, the highway linking the port of Al-Faw and Umm Qasr. "

Number of observations: 166,   date of addendum, 04/11/2021

[yota691]

Al-Kazemi lays the foundation stone for the large Faw Port project

 

Reconstruction and building Economy News _ Baghdad Prime Minister Mustafa Al-Kazemi, on Sunday morning, laid the foundation stone for the Faw Grand Port project (the five contracts). The five contracts include: the five container berths, the filling of the container storage and handling yard, the digging of the internal navigation channel, the drilling and furnishing of the external navigation channel, the Khor Al-Zubair canal tunnel, and the highway linking the port of Al-Faw and Umm Qasr. Al-Kazemi arrived earlier this morning in the southernmost province of Basra, according to a government statement. The large port of Al-Faw is an Iraqi port in the Al-Faw peninsula, south of Basra Governorate. The cost of the project is about 4.6 billion euros and the estimated capacity of the port is estimated at 99 million tons annually, to be one of the largest ports overlooking the Gulf and the tenth in the world. The foundation stone for this project was laid on April 5, 2010.

Number of observations 170   date of addition 04/11/2021

[yota691]

Al-Kazemi: We embarked on the implementation of Al-Faw Port to strengthen the position of Iraq in the region and the world

April 11, 2021

51

 

 

 

The prime minister sets stone for strategic projects that provide job opportunities for the unemployed

Al-Kazemi: We embarked on the implementation of Al-Faw Port to strengthen the position of Iraq in the region and the world

Baghdad - Qusay Munther

 

And reconstruction and prosperity), calling on Iraqis to (show hope and put our hands together, and build our country from Faw to Zakho), pointing out that (Iraq will rise again with the arms of its people, and we will continue to supervise the project to accomplish it without delay). In turn, the Ministry of Transport confirmed, according to the statement that (this project is the vital artery and the backbone of the country's economic life, as it will connect the eastern region with Europe through Iraq, Turkey and Syria, with the so-called dry canal, and its completion will become the largest port overlooking the Gulf and the tenth at the level of the world, as its production capacity will reach To 99 million tons, according to the designs developed by the Italian consulting firm Tektital, stressing that (the project includes building five giant berths for unloading ships, which were implemented within the contract concluded with the Korean Daewoo, which began with field survey procedures, in preparation for the start of its work on the project). During the visit, Al-Kazemi laid the foundation stone for the project of the two fourth-C gasoline improvement units. C. R and the hydrogenation of naphtha in the province, and that is within the work of the Southern Projects Commission in the Oil Projects Company of the Ministry of Oil. Al-Kazemi stressed, (the government's keenness and seriousness in developing the oil industries in Iraq, as it is one of the important pillars of the economy and its development, as well as its contribution to increasing financial revenues and reducing dependence on importing fuel products to the stage of self-sufficiency). The Prime Minister inspected a desalination plant project in Abu Al-Khasib, to see the stages of project completion and the level of work in it. Stressing (the importance of expediting the completion of the project and with the best capabilities to be ready to serve the people of Basra). During his visit, Al-Kazemi met with a group of Basra protesters.

[yota691]

Iraq announces an increase in the central bank reserves to about 60 billion dollars

The devaluation of the dinar was among the measures taken by the government as part of a reform package 

 Kurdistan24 Erbil   8 hours

       

Al-Kazemi in Basra

 

 

ERBIL (Kurdistan 24) - The Iraqi government announced, on Sunday, that the Central Bank's reserves had risen to about 60 billion from 51.9 billion dollars.

At the end of last year, the Central Bank decided to raise the price of selling the dollar to banks and exchange companies to 1460 dinars, from 1182 dinars to the dollar, with the aim of compensating for the decline in oil revenues caused by the deterioration of oil prices in light of the global outbreak of the Corona virus.

The devaluation of the dinar is among a number of measures taken by the government as part of a reform package aimed at overcoming the financial crisis in the country in an unprecedented manner.

Prime Minister Mustafa Al-Kazemi said in a speech during laying the foundation stone for the improved gasoline production project in Basra, that the Central Bank’s foreign currency reserves had risen to more than $ 60 billion “before the reform measures of this government were initiated.”

He added that the central bank's reserves amounted to 51.9 billion dollars before the implementation of "reform measures ... after many bet on their failure and failure to continue."

Iraq has the fourth largest oil reserves in the world and relies on oil revenues to finance 95 percent of the country's budget.

[yota691]

Al-Fahd: External agendas that try to thwart economic projects
415 views•Premiered 9 hours ago

 

[yota691]

A Glimpse on evolving the Iraqi ports, Umm Qasr berths No. 25, 26, and 27
352 views•Nov 3, 2020

 

Basrah Mas Co.

 

Umm Qasr and Khor Al-Zubair are the major ports of Iraq, which participated in making Basra city Iraq’s economic capital.
Since 1984, Iraq’s ports had received no chance of development, especially Umm Qasr which is considered to be the major cargo port for all Iraq marine importations.

After a decade, Basrah Mas company, located in Basra, took the initiative to lead the development of the port sector through collaboration with foreign investors. 

Part of this collaboration and development was the construction of three new berths in Umm Qasr, covering berths No. 25, 26, and 27, as well as related structures and stacking yards through many EPC contracts.

This project was part of the contributions of Basrah Mas company to develop the port sector in Iraq.

[yota691]

With the launch of the Faw Port project ... Maritime Transport will contract to purchase two new ships

•  Time: 04/11/2021 21:41:47
•  
•  Read: 6,344 times

  

{Local: Al Furat News} The General Company for Maritime Transport, based in Basra Governorate, announced that it is preparing to contract to purchase two new ships at depths commensurate with the size of the Iraqi ports with the completion of the completion of the large port of Al-Faw.

 

On the sidelines of the ceremony for laying the foundation stone for five projects in the large port of Faw today, Sunday, the general manager of the company, Mohi El-Din Abdel Razzaq, said, "The load of each ship from these two ships that will be contracted to buy them for the company is 35 thousand tons for multi-purpose," indicating, "The purchase of these two vessels is an increase in the company's marine fleet." 
Abdul Razzaq added, "Laying the cornerstone of the second phase of the Faw port is a new start for Iraqi ports to be at the ranks of international ports with new depths that differ from the previous ones with the arrival of goods and linking them by railways. This represents a new case of integrated transport in Iraq and all these things combined lead to the delivery of the largest amount of cargo. By sea through Iraqi ports. "
Prime Minister Mustafa Al-Kazemi arrived Sunday morning in Basra Governorate and laid the foundation stone for the large Faw port project {the five contracts}, which includes {the five container berths} and {filling the storage yard and handling containers and digging the internal navigation channel}, and {digging and furnishing the navigation channel. External}, {The tunnel of the Khor Al-Zubair Canal} and {the highway linking the port of Al-Faw and Umm Qasr}.
The Ministry of Transport said, "This gigantic project will include the construction of a container yard with a length of 1750 meters and the project of dredging and drilling work and the construction of a navigation channel inside the port basin with a length of 10 km inside the port and 13 km outside the port to connect it to the international shipping channel and the construction of a highway linking the port with the city of Umm Qasr with a length of 63 km. Km and construction of a tunnel under the Khor Al-Zubair channel that connects to the side of the eastern road. "
Ammar Al-Masoudi

[yota691]

Al-Kazemi lays the foundation stone for the large port of Faw

Monday April 12, 2021 298

 

  Baghdad: Muhammad Al-Ansari

 

Yesterday, Sunday, Prime Minister Mustafa Al-Kazemi laid the foundation stone for the large Faw port project (the five decades), which the Iraqis have been waiting for for many years, and Al-Kazemi, accompanied by the government delegation, made a cruise to see the wharf and the breakwater, and the Prime Minister laid the foundation stone for a large oil project To increase the production of "improved gasoline" in the refineries of the south, and he continued the completion of work on the projects of "Sports City" and "Olympic Stadium", stressing, "keenness on the success and hosting of the championship (Gulf 25).

"Today we announce the start of an important strategic project that the people of the country have been waiting for for many years," Al-Kazemi said at the foundation stone laying ceremony for the large Faw port project in Basra Governorate, and stated that "the port will provide great opportunities for Iraq and enhance its geopolitical position in the region and the world, and will create many job opportunities for the people of the country." Basra and the rest of the provinces, and contributes to the development of the province.

The Prime Minister explained that "many have gambled on the failure of the project and spread several rumors to frustrate the people, but the project is officially launched after we completed the planning and negotiations stages and we financed the project from this year's budget."

He emphasized that "the great FAO project is not only for Basra, but rather is a strategic project that contributes to the development and reconstruction of all the governorates of Iraq, and makes the country an economic bridge linking the various countries of the region." Towards construction, reconstruction and prosperity.

Al-Kazemi called on “our people in Basra, Al-Fayhaa and all over Iraq, to have hope and put our hands together, and build our country from Faw to Zakho,” stressing that “Iraq will rise again with the hands of our young men and women, and by the blessing of God we will open the project and we will continue supervision and follow-up until it is completed. God willing, with success and without delay. 

Then the Prime Minister, accompanied by the government delegation, made a cruise to see the large dock of Faw Port and the breakwater.

Al-Kazemi arrived Sunday morning to Basra Governorate, accompanied by a government delegation from various ministries and state institutions.

[yota691]

A summary of the visit of the Prime Minister, Mr. Mustafa Al-Kazemi to Basra, where he laid the foundation stone for a number of important projects
28,816 views•Apr 11, 2021

 

Media Office of the Prime Minister

Summary of the visit of the Prime Minister, Mr. Mustafa Al-Kazemi to Basra, where he laid the foundation stone for a number of important projects. The Media Office of the Prime Minister, subscribe now and activate the bell on the official channel of the Prime Minister's Office

[yota691]

The Minister of Transport reveals new information about the Grand Port of Faw and its cost

17:46 - 04/13/2021

 

  

An aerial view shows Iraq's Fao western port Breakwater that was included by Guinness for being the longest breakwater in the world, at the Ras al-Bisha, in Basra, Iraq August 18, 2020. Picture taken August 18, 2020. Picture taken with a drone. REUTERS / Mohammed Aty

The information / Baghdad ..
Minister of Transport Nasser Al-Shibli talked, on Tuesday, about the details of the Faw port project and its cost.
Al-Shibli said, in a press conference after the cabinet meeting, which was followed by the Al-Maalouma Agency, that "the Faw port is an important economic project that will supplement Iraq's budget ," adding that "the port will be able to receive large ships.
"The depth of the Faw port will be more than 19 meters, in agreement with the executing company," he said, noting that "the Faw port is a" strategic project that will connect the east with the west through the dry canal. "
He pointed out that "the cost of the Faw port is two billion and 625 million dollars, with a completion period of three years and six months." Ended / 25 h

[Karsten]

On 4/11/2021 at 5:26 PM, yota691 said:

A Glimpse on evolving the Iraqi ports, Umm Qasr berths No. 25, 26, and 27
352 views•Nov 3, 2020

 

Basrah Mas Co.

 

Umm Qasr and Khor Al-Zubair are the major ports of Iraq, which participated in making Basra city Iraq’s economic capital.
Since 1984, Iraq’s ports had received no chance of development, especially Umm Qasr which is considered to be the major cargo port for all Iraq marine importations.

After a decade, Basrah Mas company, located in Basra, took the initiative to lead the development of the port sector through collaboration with foreign investors. 

Part of this collaboration and development was the construction of three new berths in Umm Qasr, covering berths No. 25, 26, and 27, as well as related structures and stacking yards through many EPC contracts.

This project was part of the contributions of Basrah Mas company to develop the port sector in Iraq.

 

After Watching this how can the Powers to Be over there think if a second they has us all convinced this is all happening at the Worthless Program Rate? Someone has to know what is in this for them.

 

That port is going to be Huge.

 

Karsten

[horsesoldier]

Theyd best get a move on lest politicians mysteriously start disappearing only to find many buried in the buildings foundations UNDER the Foundation Cornerstones

 

Peeps is getting mighty restless these days 

Edited April 14, 2021 by horsesoldier

[Karsten]

6 hours ago, horsesoldier said:

Theyd best get a move on lest politicians mysteriously start disappearing only to find many buried in the buildings foundations UNDER the Foundation Cornerstones

 

Peeps is getting mighty restless these days 

 

I wont really say anything and it was way long ago when I remember a few people just went missing for no reason and there were a lot of new Malls going up in the area....They were never found and no one cared to find out where they vanished too.

 

Don't forget they have Plans fpr a New Damn on the Upper Tigris.....That will take a lot of Concrete, Rebar and "Fillar so to speak"

 

Karsten

[horsesoldier]

18 minutes ago, Karsten said:

 

I wont really say anything and it was way long ago when I remember a few people just went missing for no reason and there were a lot of new Malls going up in the area....They were never found and no one cared to find out where they vanished too.

 

Don't forget they have Plans fpr a New Damn on the Upper Tigris.....That will take a lot of Concrete, Rebar and "Fillar so to speak"

 

Karsten

We’ll have to keep an eye out for prominent missing people articles in the future ... one can never tell about these things.

[Karsten]

1 minute ago, horsesoldier said:

We’ll have to keep an eye out for prominent missing people articles in the future ... one can never tell about these things.

 

There is a lot of concrete being pored there right now...Watch the old Movie "China Town" to see what happens when folks run head on into the wrong people. It has about as many twists, bumps and BS story lines as this Roller Coaster we are on now.

 

Karsten

[horsesoldier]

11 hours ago, Karsten said:

 

There is a lot of concrete being pored there right now...Watch the old Movie "China Town" to see what happens when folks run head on into the wrong people. It has about as many twists, bumps and BS story lines as this Roller Coaster we are on now.

 

Karsten

“ China Town “ - there’s a blast from the past. Haven’t seen that movie in decades. Time for a history lesson: take some time to watch it again. Parallels in the universe are many.

[yota691]

Al-Faw Port ... the new global trade route

Tuesday 20 April 2021 76

 

 Baghdad: the pillar of the emirate 

When you look at the economic benefits achieved by the large port of Al-Faw, you realize the importance of this project, which is an important link between the poles of the eastern and western world, and the resulting economic feasibility that changes the shape of the Iraqi economy. Economic around the world. 

Prime Minister Mustafa Al-Kazemi had laid, in recent days, the foundation stone for the large port of Al-Faw, which would provide 500,000 jobs and stimulate global and regional trade, and could be used as a strategic option to transport natural gas from the Arab Gulf to Europe via Turkey.

 

world Trade

The expert in the Strategic Center for Arab and International Studies, Dr. Ahmed Al-Rawi said, "Iraq is in dire need to develop the reality of its economy, and this requires the establishment of major projects in all sectors, including in the transport sector. The large port of Faw comes at the forefront of these projects as it contributes to the development of global trade movement through the dry transit channel from the southeast Asia to Europe and vice versa, and studies expect that the dry canal will achieve more economic returns than the Suez Canal in Egypt, due to the low cost of transportation and the shortening of the distance across Iraq between Asia and Europe. 

 

foreign investment

Al-Rawi added, "Al-Faw port will complement or substitute the port of Umm Qasr and Khor Al-Zubair in the event of any impacts from the construction of the Kuwaiti port of Mubarak, and the development of free zones and the establishment of a free zone close to the port will help attract foreign industrial and agricultural investments, especially since the southern region provides Opportunities for investment, as it provides natural resources and suitable manpower and its proximity to the port, pointing out that it “provides many job opportunities, especially for the citizens of Basra, and limits the aggravation of the unemployment problem in the country, as well as the indirect employment opportunities that will be provided by the development of the service sectors, the transport sector and other sectors. The level of the country through the sectoral overlap that the port of Faw will provide. "

 

Natural gas

In a related context, the academic d. Abdul Karim Al-Issawi, "The port of Al-Faw will be able to receive large ships that the rest of the Iraqi ports cannot receive, and it is possible to establish berths in the port to transport liquefied gas, especially since Iraq is on the verge of developing its production of liquid natural gas, and in the end the port will contribute to the gas trade." The sluice will cross its piers if fully invested. "

 

Sources of income

He continued, "There is a possibility of establishing a refinery to produce petroleum products and rehabilitating the petrochemical plant in Basra to market its products through the port, as this leads to the development of petrochemical industries and enables diversification of sources of income and not being satisfied with the export of oil."

Al-Issawi pointed out that "the large port of Al-Faw will lead to the development of the Faw area by establishing an electric power plant and a desalination plant to meet the needs of the port and its workers while developing roads and bridges to facilitate transportation operations to and from the port."

[Karsten]

18 minutes ago, yota691 said:

Al-Faw Port ... the new global trade route

Tuesday 20 April 2021 76

 

 Baghdad: the pillar of the emirate 

When you look at the economic benefits achieved by the large port of Al-Faw, you realize the importance of this project, which is an important link between the poles of the eastern and western world, and the resulting economic feasibility that changes the shape of the Iraqi economy. Economic around the world. 

Prime Minister Mustafa Al-Kazemi had laid, in recent days, the foundation stone for the large port of Al-Faw, which would provide 500,000 jobs and stimulate global and regional trade, and could be used as a strategic option to transport natural gas from the Arab Gulf to Europe via Turkey.

 

world Trade

The expert in the Strategic Center for Arab and International Studies, Dr. Ahmed Al-Rawi said, "Iraq is in dire need to develop the reality of its economy, and this requires the establishment of major projects in all sectors, including in the transport sector. The large port of Faw comes at the forefront of these projects as it contributes to the development of global trade movement through the dry transit channel from the southeast Asia to Europe and vice versa, and studies expect that the dry canal will achieve more economic returns than the Suez Canal in Egypt, due to the low cost of transportation and the shortening of the distance across Iraq between Asia and Europe. 

 

foreign investment

Al-Rawi added, "Al-Faw port will complement or substitute the port of Umm Qasr and Khor Al-Zubair in the event of any impacts from the construction of the Kuwaiti port of Mubarak, and the development of free zones and the establishment of a free zone close to the port will help attract foreign industrial and agricultural investments, especially since the southern region provides Opportunities for investment, as it provides natural resources and suitable manpower and its proximity to the port, pointing out that it “provides many job opportunities, especially for the citizens of Basra, and limits the aggravation of the unemployment problem in the country, as well as the indirect employment opportunities that will be provided by the development of the service sectors, the transport sector and other sectors. The level of the country through the sectoral overlap that the port of Faw will provide. "

 

Natural gas

In a related context, the academic d. Abdul Karim Al-Issawi, "The port of Al-Faw will be able to receive large ships that the rest of the Iraqi ports cannot receive, and it is possible to establish berths in the port to transport liquefied gas, especially since Iraq is on the verge of developing its production of liquid natural gas, and in the end the port will contribute to the gas trade." The sluice will cross its piers if fully invested. "

 

Sources of income

He continued, "There is a possibility of establishing a refinery to produce petroleum products and rehabilitating the petrochemical plant in Basra to market its products through the port, as this leads to the development of petrochemical industries and enables diversification of sources of income and not being satisfied with the export of oil."

Al-Issawi pointed out that "the large port of Al-Faw will lead to the development of the Faw area by establishing an electric power plant and a desalination plant to meet the needs of the port and its workers while developing roads and bridges to facilitate transportation operations to and from the port."

 Okay, Yota or Anyone,,,,,Even the Nit Wits in Iraq Explain just how they Plan to Pull This Huge Port Off, Become The Hub of the Middle East and do it with a IQD that is worth what....A 6th of a US Penny Now and is still Not Recognized as an International Currency.....Something is going on and it isn't getting Leaked........

 

Karsten

[yota691]

The giant hammer arrives at Al-Faw port within days

Monday 03th May 2021 203

 

 Baghdad: Shaima Rasheed 

 

The General Company for Iraq Ports stated that the giant hammer will arrive within the next few days at Al-Faw Port in order to establish the structures, and indicated that the company is following the entry procedures of the experts of the Korean company.

In an interview with Al-Sabah, Bahaa Ismail, the official in relations and media at the ports, said: “After the contracts were signed and the foundation stone was laid in the Faw port by the Prime Minister, the Korean company started its work despite some work before signing the contracts, including surveying sites from war remnants. “.

He added, "In the next few days, the giant hammer will reach the port of Al-Faw for the concrete blocks roads that will be used in the construction of the port's structures." Different nationalities and specialties ”. 

[screwball]

On 4/20/2021 at 1:14 PM, Karsten said:

 Okay, Yota or Anyone,,,,,Even the Nit Wits in Iraq Explain just how they Plan to Pull This Huge Port Off, Become The Hub of the Middle East and do it with a IQD that is worth what....A 6th of a US Penny Now and is still Not Recognized as an International Currency.....Something is going on and it isn't getting Leaked........

 

Karsten

Yes agree it’s about to pop it just transferred another 22000 over and should  pick me up a truck load of shares hopefully I get my last order in! 

Edited May 3, 2021 by screwball