The present day MP and former Minister of transport, Amer Abdul Jabbar, commented today, Friday, on the media uproar that turned into recently raised approximately the (IFC) contract to develop Baghdad global Airport.
Abdul Jabbar advised dinaropinions.com that “IFC is not a organisation as promoted in the media, but as an alternative an group affiliated with the world bank, and Iraq has been a member of it, in addition to a member of IFC since the royal generation, and the agreement with it and its hobby persisted till after 2003, and the sector financial institution has additionally financed many loans to Iraq. As for considering IFC an Israeli corporation, this is unfair and incorrect, but as an alternative it is a economic financing institution related to the arena financial institution, and Iraq is a member of it.”
He talked about that “the allegations that the IFC agreement consists of receiving Iraqi airspace and airports are incorrect. In truth, the agreement has not anything to do with Iraqi airspace and airports. alternatively, the settlement is for IFC to take records about Baghdad Airport in terms of its length, the variety of passengers, and the plane it can accommodate by creating an investment version as in tenders, and announce that Baghdad Airport is an funding opportunity to draw buyers. Then it gets the gives, analyzes them, and refers them for contracting. this is its project.”
He defined, “The value of the IFC agreement isn’t as promoted within the media as $500 million, but as a substitute $500,000, or 1/2 a million greenbacks, for this pastime that it’ll undertake. therefore, the concept of the IFC agreement is nice and a correct step, as Iraqi funding stories purpose disasters.”
He pointed out that “the Ministry of transport did now not sign the settlement with (IFC), however as an alternative the Aviation Authority before the separation of the airports from the Ministry, and that the Board of administrators met and introduced its rejection of the agreement, and showed its ability to attract traders notwithstanding its current revel in on this field.”
He defined that “the beneficiary of this media hype is the only harmed by way of the right funding of the airport and the (IFC) contract. they are the ones who dominate Baghdad Airport and rent its areas, vehicles, garage, markets, and so forth. If an investor comes, he’ll renew the contracts with them, while they’re those who hire the ones web sites at costs which are almost loose and manipulate the airport and its information. consequently, they’ll be harmed if a literal investment agreement is received and the hire of the airport web sites is raised to their real fee.”
