17-04-2025
Oliver Wyman, BTP consult on Development Road Project
By John Lee.
Iraq's Minister of Transport, Razzaq Muhaibas Al-Saadawi, chaired a meeting on Wednesday at the headquarters of the General Company for Iraqi Railways with representatives from Oliver Wyman, the consultancy firm providing financial advisory services for the Development Road Project.
The meeting, attended by Dr. Maki Jabir Nasser, Director-General of the Iraqi Railways, and Project Manager Engineer Safaa Jabbar, reviewed progress on sustainable and temporary governance structures, internal and external governance, and the economic model for the project. Discussions also covered the coordinates of industrial cities located along the Development Road routes.
Minister Al-Saadawi directed continued meetings and workshops with Oliver Wyman and Italian engineering consultancy firm BTP, to finalise core project requirements and to maintain alignment sessions with Iraqi ministries on parallel economic and investment opportunities linked to the Development Road.
He stressed the importance of integrating the Development Road into a comprehensive national transport strategy, calling for detailed studies and enhanced coordination between the General Company for Iraqi Railways, the project's Higher Committee, and other relevant authorities.
(Source: Ministry of Transport)
