Latest news with #Proyapi
Shafaq News
20-04-2025
- Business
- Shafaq News
Bypassing Hormuz: Iraq emerges as key in new regional corridors
Shafaq News/ Iraq is taking center stage in a reshaped regional trade landscape, with major infrastructure projects and new energy partnerships positioning it as a critical transit hub amid growing efforts to bypass the Strait of Hormuz. Turkish Energy Minister Alparslan Bayraktar said Ankara expects to 'enter into an energy framework agreement with Iraq in the upcoming months,' which includes plans for an oil pipeline capable of transporting 1.5 million barrels per day from Basra to the Turkish port of Ceyhan. The deal also covers natural gas and electricity trade. Iraq's Ministry of Transport earlier announced that the first phase of the $17 billion Grand Faw Port project, located on the Persian Gulf, will be completed by the end of 2025. The port is a cornerstone in a corridor linking southern Iraq to the Turkish border and onward to the Port of Mersin. Talks are ongoing to revive the inactive pipeline between Iraq's Kurdistan Region and Ceyhan. Baghdad resumed electricity imports from Turkiye in September, and volumes are expected to double to 600 megawatts in 2025. The development came one week after the United States revoked Iraq's waiver to purchase electricity from Iran. Once in effect, Turkiye will supply Iraq with twice the power Iran currently provides. Elsewhere in the region, alternative trade routes are also advancing. Saudi Arabia has launched a tender for a railway connecting the Persian Gulf to the Red Sea, while Kuwait signed a contract with Turkish company Proyapi on April 7 to design a railway linking Kuwait to Oman via Gulf Arab states. The 2,177-kilometer Gulf Railway is expected to be completed by 2030 and aligns with Saudi efforts to create a Gulf–Red Sea rail corridor. Turkiye, meanwhile, has reinforced its status as a regional energy hub. It operates the TANAP and TurkStream pipelines, which supply Azerbaijani and Russian gas to Europe. Turkiye has also started receiving Turkmen gas via a swap deal through Iran. Since 2017, the Baku–Tbilisi–Kars railway has enhanced east–west trade, with Georgia completing upgrades in late 2024 that expanded its capacity from 1 million to 5 million tons per year. Iran, by contrast, has been increasingly isolated from emerging infrastructure networks. Its repeated threats to close the Strait of Hormuz have not materialized but have contributed to the region's shift toward bypass routes. Despite its location and ties with China, Iran remains largely excluded. Tehran has attempted to reduce its dependency on the Strait by developing the Jask oil terminal and Chabahar port, but both remain underutilized. The Jask terminal briefly handled 170,000 barrels per day last October, and Chabahar accounts for less than 2% of Iran's foreign trade. Iran's total foreign transit stands at just 22 million tons—less than Azerbaijan's 33 million tons moved last year. Saudi Arabia and the UAE now export roughly half of their crude through domestic pipelines that avoid the Strait of Hormuz, including the Habshan–Fujairah route. China has prioritized northern routes through Central Asia and the Caucasus, where freight traffic via the China–Turkiye corridor has surged fivefold in recent years. Despite longstanding agreements with Russia and India, Iran has failed to activate key transit corridors. The Zangezur Corridor, a shorter route through Armenia, is gaining momentum while Iran focuses on opposing its development. Meanwhile, Gulf states and Pakistan continue to advance infrastructure projects poised to redraw the region's trade map.
ME Construction
09-04-2025
- Business
- ME Construction
Kuwait awards GCC rail link design consultancy contract to Proyapi
Infrastructure Kuwait awards GCC rail link design consultancy contract to Proyapi By The scope of work will includes study, detailed design, and tender document preparation, the contract was awarded in January for $8.1mn, with the advisory period set to last about a year The Minister of Public Works, Noura Al Mashaan, has signed a design contract with Turkish company Proyapi for the first phase of its GCC railway network to initiate the design of the initial phase of the Kuwait-to-Gulf countries railway project. The scope of work includes study, detailed design, and tender document preparation. The consultancy contract was awarded to Proyapi in January for US $8.1mn, with the advisory period set to last about a year. The Kuwaiti part of the project is scheduled to be completed by 2030. The Kuwaiti segment of this project will feature a 111km track running from Shadadiya (site of the main Kuwait Railway Station on a two million sqm plot) to Nuwaiseeb. This strategic project aligns with the GCC vision to establish a 2,177km transnational railway network connecting all member states from Kuwait to Oman. The six Gulf Cooperation Council countries agreed to build the rail network in 2009 and construction has started on railways in the UAE, Oman and Saudi Arabia. Ahmed Al-Saleh, Assistant Undersecretary for Planning and Development and Official Spokesperson for the Ministry of Public Works, said, 'The project has great social and economic importance for the smooth transport of passengers and goods, it is being implemented in line with the desire of the leaders of the Gulf Cooperation Council countries'. 'The signing ceremony marked the commencement of the project in Kuwait. Once you sign the design contract, you've started and placed the wheels on the right track, it was not possible to determine the final cost of the Kuwaiti part of the project until the final design is completed,' he added. Construction is already underway in the UAE, Oman, and Saudi Arabia, and the project aims to boost regional trade, travel, and tourism. Once completed, the network will provide both passenger and freight transportation services across the region. The agreement encompasses design and engineering studies, soil testing, route mapping, and the preparation of tender documents for the subsequent construction phase. Once the design work is finalised, Kuwait will move forward with inviting bids for the actual construction.
Zawya
08-04-2025
- Business
- Zawya
Kuwait awards GCC rail link design consultancy contract
Kuwait has signed a major design contract with Turkish company Proyapi for the first phase of its part of GCC railway network. The scope of work includes comprehensive study, detailed design, and tender document preparation. A long-delayed railway project to connect Kuwait with other Gulf countries took a step forward today (April 7) when the Minister of Public Works Noura Al Mashaan signed a major contract with Turkish company Proyapi to design the first phase of the plan. The scope of work includes comprehensive study, detailed design, and tender document preparation, reported Reuters. The consultancy contract was awarded to Proyapi in January for approximately KD2.5 million ($8.1 million), with the advisory period set to last about a year. The Kuwaiti part of the project is scheduled to be completed by 2030. The Kuwaiti segment of this ambitious project will feature a 111-km track running from Shadadiya (site of the main Kuwait Railway Station on a 2 million sq m plot) to Nuwaiseeb. This strategic project aligns with the GCC vision to establish a 2,177-km transnational railway network connecting all member states from Kuwait to Oman, reported Arab Times. The six Gulf Cooperation Council countries agreed to build the rail network in 2009 and construction has started on railways in the UAE, Oman and Saudi Arabia. Once completed, the network will serve both passenger and freight transportation needs across the region. Ministry of Public Works spokesperson Ahmed Al Saleh said the signing signalled the launch of the project in Kuwait. "Once you sign the design contract, you've started and placed the wheels on the right track," Al Saleh told reporters after the contract signing at the ministry. Al Saleh said it was not possible to determine the final cost of the Kuwaiti part of the project until the final design is completed. Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Gulf Business
07-04-2025
- Business
- Gulf Business
Kuwait moves ahead: Gulf rail link design contract signed
A long-delayed railway project to connect Kuwait with other Gulf countries took a step forward on Monday when Kuwait's Minister of Public Works, Noura Al-Mashaan, signed a contract with Turkish company Proyapi to design the first phase of the plan. Kuwait is set to be the northern terminus of the Gulf Railway which will stretch 2,177 kilometres (1,353 miles) to the Omani capital, Muscat, passing through Saudi Arabia and the other Gulf states. Read- The six Gulf Cooperation Council countries agreed to build the rail network in 2009 and construction has started on railways in the United Arab Emirates, Oman and Saudi Arabia. The railway will span 111 kilometres within Kuwait, from its southern border with Saudi Arabia in the Nuwaiseeb district to Al-Shadadiya in the north. Ministry of Public Works spokesperson Ahmed Al Saleh said the signing signalled the launch of the project in Kuwait. 'Once you sign the design contract, you've started and placed the wheels on the right track,' Al-Saleh told reporters after the contract signing at the ministry. The consultancy contract was awarded to Proyapi in January for approximately 2.5 million Kuwaiti dinars ($8.1 million), with the advisory period set to last about a year. The Kuwaiti part of the project is scheduled to be completed by 2030. Al Saleh said it was not possible to determine the final cost of the Kuwaiti part of the project until the final design is completed.
Zawya
07-04-2025
- Business
- Zawya
Kuwait signs design contract for Gulf rail link
A long-delayed railway project to connect Kuwait with other Gulf countries took a step forward on Monday when Kuwait's Minister of Public Works, Noura Al-Mashaan, signed a contract with Turkish company Proyapi to design the first phase of the plan. Kuwait is set to be the northern terminus of the Gulf Railway which will stretch 2,177 kilometres (1,353 miles) to the Omani capital, Muscat, passing through Saudi Arabia and the other Gulf states. The six Gulf Cooperation Council countries agreed to build the rail network in 2009 and construction has started on railways in the United Arab Emirates, Oman and Saudi Arabia. The railway will span 111 kilometres within Kuwait, from its southern border with Saudi Arabia in the Nuwaiseeb district to Al-Shadadiya in the north. Ministry of Public Works spokesperson Ahmed Al-Saleh said the signing signalled the launch of the project in Kuwait. "Once you sign the design contract, you've started and placed the wheels on the right track," Al-Saleh told reporters after the contract signing at the ministry. The consultancy contract was awarded to Proyapi in January for approximately 2.5 million Kuwaiti dinars ($8.1 million), with the advisory period set to last about a year. The Kuwaiti part of the project is scheduled to be completed by 2030. Al-Saleh said it was not possible to determine the final cost of the Kuwaiti part of the project until the final design is completed. (Reporting by Ahmed Hagagy Editing by Mark Potter)
