On Friday, Representative Baqir Al-Saadi confirmed that the development road project has attracted interest from 45 countries.
Al-Saadi mentioned in an interview that “The Development Road Project” is gaining more and more attention on a global level. According to studies, the project is expected to be economically successful and will focus on five significant areas in terms of changing the course of international transportation from Southeast Asia towards Europe.
According to the speaker, 45 countries have shown interest in the development road project. Some of these countries have even announced their intention to invest directly in the first phase by implementing various projects. The investments in this project will ultimately result in the creation of 10 new cities along the path of the road – from Basra all the way to the border with Turkey.
He highlighted that the project marks the beginning of a transformation in the region’s economic activity and the development of land routes that transport goods worth hundreds of billions of dollars annually.
The Iraqi government recently initiated a development project aimed at diversifying the economy and leveraging its strategic location on the international transport map.
