Iraq: International companies interested in the Development Road, Al-Faw Port
Minister of Transport Razzaq Muhaibis Al-Saadawi confirmed on Tuesday that international companies are interested in participating in the Development Road, Al-Faw Port, and the railway link projects.
Al-Saadawi met with his Spanish counterpart, Oscar Puente, in the Spanish capital, Madrid, to discuss joint cooperation between the two countries in the transportation sector, said the Ministry of Transport in a statement - received by the Iraqi News Agency - INA.
He emphasized that "the Iraqi transportation environment offers promising investment opportunities, and there are Spanish companies that have begun implementing important and strategic projects in Iraq."
During the meeting, the Minister reviewed the Ministry's projects, some of which include the rehabilitation of old railways and the construction of new railway lines related to the Development Road Project.
"Several specialized international companies have expressed their desire to participate in the Development Road projects, the Grand Faw Port, and the railway link between the governorates, and others. Negotiations are underway in this regard, governed by Iraq's national interest," he added.
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