Abtan: the success of the FAO Investment Conference will make Iraq one of the region commercially

History of edits:: 2016/7/26 11:59 60 visits readable

{Baghdad} Euphrates News said Transport Minister agency Abdul Hussein Abtan, Tuesday, that the success of the FAO Investment Conference will make Iraq at the forefront of commercial area.

He Abtan told {Euphrates News} Today, that "the Ministry of Transport and extended invitations to specialized international companies to come to the conference on Wednesday to announce the new investment opportunities to complete the breakwater and berths in the port of Faw in Basra."

"The representatives of 13 international specialized company, and committees of the economy and services Alniabaten and representatives of the oil ministry, defense, interior, planning and board of investment, experts and academics for the purpose of Tndij the completion of the port of Faw and learn about the views on the type of contract, partnership and making the port of Faw in effect through the establishment of all its facilities ".

"The port of Faw will be the biggest economic transformation of Iraq in general and Basra in particular."

And evaluate the Iraqi ports company affiliated to the Ministry of Transport and Tomorrow Reshetha specialist for companies wishing to invest in the port of Faw.

It is located in the port of Faw-Faw peninsula south of Basra province, the project will cost about 4.6 billion euros, with an estimated planned port capacity to create 99 million tons per year; to be one of the largest ports overlooking the Arabian Gulf region.

The foundation stone for this project in the April 5 / April 2010 mode, it is hoped to change the port of Faw global shipping map; for he would convey goods from Japan, China and Southeast Asia to Europe via Iraq and vice versa {transit} instead Asuez.anthy