Iraq's Ports Generate $240m in Q1 2025
By John Lee.
Iraq's ports have recorded strong financial performance in the first quarter of 2025, generating total revenues exceeding 314 billion Iraqi dinars [$240 million], according to Dr Eng. Farhan Al-Fartousi, Director General of the General Company for Ports of Iraq (GCPI).
Monthly revenues were as follows:
January: 109.27 billion dinars
February: 98.74 billion dinars
March: 106.33 billion dinars
The figures encompass revenues from North and South Umm Qasr Ports, Khor Al-Zubair, Abu Flous, and offshore oil terminals.
Al-Fartousi noted that these numbers reflect the success of operational and logistical upgrades, including enhanced cargo handling, expanded infrastructure, and modern digital systems designed to streamline clearance processes and reduce delays.
Looking ahead, the GCPI plans to modernise port berths, expand storage yards, and further integrate advanced technology to meet the growing demand for import-export services.
(Source: GCPI)
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