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Al-Sudani announces the launch of investment opportunities for the Baghdad Metro project and the Karbala-Najaf train - 2/08/2024


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Al-Sudani announces the launch of investment opportunities for the Baghdad Metro project and the Karbala-Najaf train

Al-Sudani announces the launch of investment opportunities for the Baghdad Metro project and the Karbala-Najaf train
 
2024-02-08 // 11:07
 

Shafaq News / On Thursday, Iraqi Prime Minister Muhammad Shiaa Al-Sudani launched two investment opportunities.

A brief statement from Al-Sudani’s office received by Shafaq News Agency stated: "The Prime Minister announced the launch of investment opportunities for the Baghdad Metro project and the Karbala-Najaf train project."

 

This came at a contract signing ceremony between the Ministry of Transport and the alliance of CHSS and HSS, two Lebanese and Malaysian companies that will provide their consulting services for the project, according to the statement.

 

In a speech he delivered during the ceremony, Al-Sudani praised the efforts of the Ministries of Transport and Planning, the Investment Authority and the Baghdad Municipality, and the consultants in preparing and arriving for this day and announcing these opportunities that will be available to the local, Arab and international private sector, as well as preparing to contract with consulting companies that will undertake the tasks of auditing statements and designs. Feasibility studies and supervision of the implementation of these large projects.

 

He explained, "The Baghdad Metro Project was included in the designs of the city of Baghdad decades ago, and was subject to much diligence and research, and was included in budgets without being implemented on the ground," stressing the implementation of the government's vision to advance the public transportation sector as one of the most important means that provides ease of transportation and provides Time and cost, especially for low-income groups, in addition to the fact that it is an environmentally friendly project as it will operate on electrical energy.”

 

Al-Sudani pointed to the second investment opportunity represented by the train line linking Al-Najaf Al-Ashraf and Holy Karbala, which has been talked about for years in the transportation crisis between these two cities, which witness continuous millions of visits on religious occasions, and large, almost daily visits.

 

The ceremony witnessed the announcement by the Chairman of the Investment Authority to set next Monday, February 12, as the date for opening applications for companies on the Authority’s platform in order to submit their offers on the two projects.

 

The consulting contract for the Baghdad Metro project was signed by the Mayor of Baghdad, while the consulting contract for the Karbala-Najaf Express Train was signed by the Director General of the General Railway Company, one of the companies of the Ministry of Transport, according to the statement.

 
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1 hour ago, screwball said:

And here’s talk of the metro project…the last time they talked about this was 2013….let’s pray peeps this brings us what we want

 

Im not being negative SB at all and enjoy all you add and inform , im just not sure projects will be the restoration of the IQD and make it powerful again , for many many years before saddam invaded Kuwait the iqd never had a xchange rate below

2 to 1 and thats a fact not hopium or guru speak gibberish and iraq never had high speed rails or pumped near as much oil as of now , there is no doubt something else is at play keeping the iqd suppressed and depressed below its real value internationally . strictly my own opinions thoughts before im told to state that clearly lol 

cheers ,all the best

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6 minutes ago, 3n1 said:

 

Im not being negative SB at all and enjoy all you add and inform , im just not sure projects will be the restoration of the IQD and make it powerful again , for many many years before saddam invaded Kuwait the iqd never had a xchange rate below

2 to 1 and thats a fact not hopium or guru speak gibberish and iraq never had high speed rails or pumped near as much oil as of now , there is no doubt something else is at play keeping the iqd suppressed and depressed below its real value internationally . strictly my own opinions thoughts before im told to state that clearly lol 

cheers ,all the best

Maybe the CBI is the problem 

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7 minutes ago, Longtimelurker said:

Maybe the CBI is the problem 

 

possibly LTL , or whoever controls the central bank , if you look back at shabibis time establishing the bank , building reserves and micro and macro economic policies the cbi released much currency information about its plan and future, Saleh was his mouthpiece and right hand man at the bank and is still in a goi position he knows exactly what the plan was imo .

since shabibi was forced to exile out of iraq ( thanks maliki ) very little currency information has been told biggest story they got is debit cards to crow about in the last ten years ... letsroll 

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12 hours ago, 3n1 said:

 

possibly LTL , or whoever controls the central bank , if you look back at shabibis time establishing the bank , building reserves and micro and macro economic policies the cbi released much currency information about its plan and future, Saleh was his mouthpiece and right hand man at the bank and is still in a goi position he knows exactly what the plan was imo .

since shabibi was forced to exile out of iraq ( thanks maliki ) very little currency information has been told biggest story they got is debit cards to crow about in the last ten years ... letsroll 

I believe the Rothschilds and a couple other ruler families own the central banks.. 

We need Shabibi back.

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12 minutes ago, Longtimelurker said:

We need Shabibi back.

 

unfortunately he has left this rotating globe we are spinning on so ill just take the IQD back in its rightful standing that should be simple huh , they devalued it in a short period they can reinstate it the same ✌️ 

all the best LTL  

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