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Investors Sought for $6.5bn Port Project
4/3/15
Iraq has reportedly invited global investors to bid for its multi-billion-dollar Grand Faw port project.
The Ministry of Transport put the project’s total cost at around $6.5 billion (7.6 trillion Iraqi dinars), adding that only “serious and financially able” companies can bid.
The port has a planned capacity of around 99 million tonnes per year, and will have a 39km container quay and another 2km berth, besides a container warehouse with an area of more than one million square metres.
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4/3/15
Iraq has reportedly invited global investors to bid for its multi-billion-dollar Grand Faw port project.
The Ministry of Transport put the project’s total cost at around $6.5 billion (7.6 trillion Iraqi dinars), adding that only “serious and financially able” companies can bid.
The port has a planned capacity of around 99 million tonnes per year, and will have a 39km container quay and another 2km berth, besides a container warehouse with an area of more than one million square metres.
[You must be registered and logged in to see this link.]
