Iraq: Many countries and companies have approached us to be part of the development path, and Turkey is our strategic partner

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Iraq: Many countries and companies have approached us to be part of the development path, and Turkey is our strategic partner

The Iraqi Service of Transport declared on Monday that numerous nations and organizations have moved toward the service to be essential for the improvement street project, in which it said Turkey addresses an essential accomplice for Iraq.

The service’s representative, Maitham Al-Safi, said in a proclamation , “The underlying plan period of the improvement street project is continuing at a high level by the particular Italian organization, and a practicality concentrate on has been arranged in a joint effort with the specific panels of the concerned services and foundations.”

He added, “The underlying plans for the railroad line, geological review and soil examinations have been finished by 100 percent, while the culmination pace of the underlying plans has reached 75%,” noticing that “the subsequent stage in the wake of finishing the underlying plans is the last or nitty gritty plans stage.”

Al-Safi proceeded, “Numerous nations and worldwide organizations seek to be essential for the Improvement Street project,” focusing on that “these nations and organizations have moved toward the Service of Transport in regards to the venture,” making sense of that “the essential accomplice in the Advancement Street project is the Turkish side through a reminder of understanding from which the clerical board addressing four significant nations arose.”

He brought up that “the venture plans are being ready by an Italian organization, while Oliver Wyman is administering the counseling administrations,” focusing on that “there are understandings with the pastoral council for the task by raising many issues with the Turkish, Emirati and Qatari sides in regards to the activities.”

Al-Safi alluded in his discourse to the assertions of the Turkish Clergyman of Transport, in which he affirmed that “the improvement street undertaking will begin from the port of Faw to the core of London,” noticing that “this matter is a positive impetus to finish the task with a positive vision from the nations of the district in regards to its significance.”

He made sense of that “the port of Faw will be the principal station, trailed by different stations,” focusing on that Iraq is “the nearest highlight Europe, which is reflected in various advantages for Iraq through the assets forced to acquire endorsements to enter the port of Faw, as well as through land and rail line lines.”

State leader Mohammed Shia al-Sudani said on Saturday, September 14, that the fundamental improvement street project isn’t just a passage for shipping products, however incorporates projects that “will change Iraq from a landlocked country to an open one.”

In April 2024, Iraq, Turkey, the UAE, and Qatar consented to a quadripartite arrangement on the Iraq Improvement Street Task, under the sponsorship of Iraqi Top state leader Mohammed Shia al-Sudani and Turkish President Recep Tayyip Erdogan.

The understanding expects to upgrade collaboration in regards to the Iraq Key Improvement Way project, as the four nations will attempt to lay out the essential structures for executing the venture, as per an assertion gave by the State leader’s Office.

As it aims to achieve economic integration and sustainability between the West and the East, the strategic development road project is anticipated to enhance regional and international cooperation as well as stimulate economic growth. The undertaking will likewise increment worldwide exchange, work with the development of merchandise, give another serious transportation course, and upgrade provincial financial flourishing.

It is important that the “Improvement Street” project is a land and rail route street reaching out from Iraq to Turkey and its ports. The length of the street and rail route is 1,200 kilometers inside Iraq, and it points principally to move merchandise among Europe and the Bay nations.

The undertaking’s venture financial plan adds up to around 17 billion US dollars, of which 6.5 billion is for the turnpike, and 10.5 billion for the electric train. The first phase will be finished in 2028, the second in 2033, and the third in 2050.

The task is supposed to give around 100,000 open positions in the principal stage, and 1,000,000 open positions after its culmination.