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Faw port .. a new future for the Iraqi economy and expectations of a quick completion of cross-investment
4/14/2015
After announcing an investment opportunity, maritime experts and local officials in Basra is expected to be built port of Faw at an accelerated pace, and stressed that the port when completed and is run will end the phenomenon of unemployment in the province, and revive the Iraqi economy and makes it solid, and so out of the port will reduce the adoption of Iraq on his fortune oil, not less important than the Kuwaiti port of Mubarak. The expert says Marine Kazem cup erythema in an interview with the Sumerian's News, said that "subsequent generations of Iraqis will commends all the efforts that have been made in order to build the port of Faw Because of the great strategic importance in the present and the future," noting that "the port is expected to meet the aspirations of Iraq Economic By 2025, The importance of the port in its prime location on the map of shipping lines, it mediates the continents of Asia, Africa and Europe, and therefore will bring into the world the story of the ports of Basra, which was considered a bridge to the old world and an outlet for communication between civilizations. "
Attention erythema, who was an assistant to the director of the General Company for Ports of Iraq, and has been operating for more than thirty years mentor nautical, that "the port of Faw is unlikely to lead to the creation of future problems with neighboring countries riparian with Iraq, because the port mediates Iraqi territorial waters between the Iranian maritime border Kuwaiti maritime borders, "adding that" the port away from the Kuwaiti territorial waters at least 20 nautical miles, and is located just ten nautical miles from Iranian waters, and thus will not intersect liner tangled in the Gulf basin with. "
Reduce unemployment .. and not less important than the Kuwaiti port of Mubarak
According to the MP from Basra and the leader of the coalition of state law behind Abdul Samad, the "port of Faw when completed and is run will reduce the phenomenon of unemployment to its lowest level, not in Basra, but in Iraq in general," saying in an interview with the Sumerian's News, that "The port of Basra, will open to the world and that will raise, which is no less important than the Kuwaiti port of Mubarak the Great."
Refers Abdul Samad, who was the governor of Basra and head of the council that "the local government in Basra demanded from the outset to resort to investment to create a port for conviction is not possible to implement the project quickly without relying on investment," explaining that "the company (Hanna Sheikh) global offered the government before five-year implementation of the project through investment, but the company stipulated that investment extends to 90 years, while the prime minister suggested that the investment period is 30 years. "
He adds Abdul Samad, that "the coastal Italian city of Genoa which has twinned with Basra agreement already demanded that local authorities when I visited when I was a governor to speed up the implementation of the construction of the port," noting that "the authorities in Genoa believes that the port of Faw will increase Italy's exports and activates trade between the east and west traffic. "
For its part, "The port of Faw head of the development and reconstruction in the province of Basra flower Hamza Albjara said in an interview with the Sumerian's News, is expected to make a more robust national economy, it reduces dependence on oil wealth, as would be the largest investment project in Iraq." asserting that "the port when it is run will revive the free trade area and the industrial area and attracts a lot of foreign companies to the province to invest in."
Show Albjara, that "the project is not implemented by the private investment format sector, he will not see the light in the near future", believing that "the project was facing major problems in financing before plaguing Iraq crisis caused by falling oil prices, even if the government insisted on the implementation of government funding of the project, the port is unlikely to be completed before the lapse of 20 years, and therefore do not need to rely on the investment until the completion of the port achieved a dream. "
In turn, Mayor Faw coast overlooking the Gulf Walid Muhammad Sharifi said in an interview with Alsumaria News's, said that "the people of the judiciary rely on the port in improving the economic situation and eliminate completely the phenomenon of unemployment experienced by many of them," adding that "the Iraqi government were not serious During the past years to build the port, because it did not allocate sufficient funds to him despite the lack of austerity, and perhaps there are foreign agendas aimed to disrupt or delay the project, but by investing the port can create the least amount of challenges. "
Port supports the equivalent of a quarter of Iraq's oil revenues
Explains Sharifi, that "all expectations that the Faw will shift from repellent to attractive to the population when the port of Faw," adding that "the importance of the port lies in that it will bring in peak revenue stage, equivalent to about a quarter of the proceeds derived by Iraq of the production and export of oil." .
The Ministry of Transport announced in (30 March 2015), that the ministry has decided to introduce a port of Faw as an opportunity for investment all qualified investors who wish to invest the project under the Investment No. 13 Act of 2006, as amended, and the regulations and instructions attached, indicating that it comes within the Ministry of Transport Policy and the implementation of the directives of the Minister Baqer al-Zubaidi to promote investment and joint operating companies in the ministry.
The Ministry of Transport has developed in April of 2010, the foundation stone for the project great port of Faw which contains according to the basic designs developed by the consulting firm Italian on the container terminal 3,500-meter-long wharf Last Last length of 2,000 meters, as well as the yard of the storage container has an area of more than a million square meters, and other multi-purpose area of 600 thousand square meters and square.
The maximum capacity of the port of 99 million tons per year, with an estimated total cost of the project by four billion and 400 million euros, the project is the largest investment project in Iraq because of its great economic importance.
The Ministry of Transport has been contracted by mid-2013 with the company (Arcolidon) Greek to create breaker (barrier) waves east of the port site extends the length of 8 km and the project completion rate of more than 90%, then the ministry has contracted with the company (Daewoo) of South Korea for the construction of a breakwater another at a cost of $ 511 million, and extends the barrier length of 16 km, has reached 10% completion rate.
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4/14/2015
After announcing an investment opportunity, maritime experts and local officials in Basra is expected to be built port of Faw at an accelerated pace, and stressed that the port when completed and is run will end the phenomenon of unemployment in the province, and revive the Iraqi economy and makes it solid, and so out of the port will reduce the adoption of Iraq on his fortune oil, not less important than the Kuwaiti port of Mubarak. The expert says Marine Kazem cup erythema in an interview with the Sumerian's News, said that "subsequent generations of Iraqis will commends all the efforts that have been made in order to build the port of Faw Because of the great strategic importance in the present and the future," noting that "the port is expected to meet the aspirations of Iraq Economic By 2025, The importance of the port in its prime location on the map of shipping lines, it mediates the continents of Asia, Africa and Europe, and therefore will bring into the world the story of the ports of Basra, which was considered a bridge to the old world and an outlet for communication between civilizations. "
Attention erythema, who was an assistant to the director of the General Company for Ports of Iraq, and has been operating for more than thirty years mentor nautical, that "the port of Faw is unlikely to lead to the creation of future problems with neighboring countries riparian with Iraq, because the port mediates Iraqi territorial waters between the Iranian maritime border Kuwaiti maritime borders, "adding that" the port away from the Kuwaiti territorial waters at least 20 nautical miles, and is located just ten nautical miles from Iranian waters, and thus will not intersect liner tangled in the Gulf basin with. "
Reduce unemployment .. and not less important than the Kuwaiti port of Mubarak
According to the MP from Basra and the leader of the coalition of state law behind Abdul Samad, the "port of Faw when completed and is run will reduce the phenomenon of unemployment to its lowest level, not in Basra, but in Iraq in general," saying in an interview with the Sumerian's News, that "The port of Basra, will open to the world and that will raise, which is no less important than the Kuwaiti port of Mubarak the Great."
Refers Abdul Samad, who was the governor of Basra and head of the council that "the local government in Basra demanded from the outset to resort to investment to create a port for conviction is not possible to implement the project quickly without relying on investment," explaining that "the company (Hanna Sheikh) global offered the government before five-year implementation of the project through investment, but the company stipulated that investment extends to 90 years, while the prime minister suggested that the investment period is 30 years. "
He adds Abdul Samad, that "the coastal Italian city of Genoa which has twinned with Basra agreement already demanded that local authorities when I visited when I was a governor to speed up the implementation of the construction of the port," noting that "the authorities in Genoa believes that the port of Faw will increase Italy's exports and activates trade between the east and west traffic. "
For its part, "The port of Faw head of the development and reconstruction in the province of Basra flower Hamza Albjara said in an interview with the Sumerian's News, is expected to make a more robust national economy, it reduces dependence on oil wealth, as would be the largest investment project in Iraq." asserting that "the port when it is run will revive the free trade area and the industrial area and attracts a lot of foreign companies to the province to invest in."
Show Albjara, that "the project is not implemented by the private investment format sector, he will not see the light in the near future", believing that "the project was facing major problems in financing before plaguing Iraq crisis caused by falling oil prices, even if the government insisted on the implementation of government funding of the project, the port is unlikely to be completed before the lapse of 20 years, and therefore do not need to rely on the investment until the completion of the port achieved a dream. "
In turn, Mayor Faw coast overlooking the Gulf Walid Muhammad Sharifi said in an interview with Alsumaria News's, said that "the people of the judiciary rely on the port in improving the economic situation and eliminate completely the phenomenon of unemployment experienced by many of them," adding that "the Iraqi government were not serious During the past years to build the port, because it did not allocate sufficient funds to him despite the lack of austerity, and perhaps there are foreign agendas aimed to disrupt or delay the project, but by investing the port can create the least amount of challenges. "
Port supports the equivalent of a quarter of Iraq's oil revenues
Explains Sharifi, that "all expectations that the Faw will shift from repellent to attractive to the population when the port of Faw," adding that "the importance of the port lies in that it will bring in peak revenue stage, equivalent to about a quarter of the proceeds derived by Iraq of the production and export of oil." .
The Ministry of Transport announced in (30 March 2015), that the ministry has decided to introduce a port of Faw as an opportunity for investment all qualified investors who wish to invest the project under the Investment No. 13 Act of 2006, as amended, and the regulations and instructions attached, indicating that it comes within the Ministry of Transport Policy and the implementation of the directives of the Minister Baqer al-Zubaidi to promote investment and joint operating companies in the ministry.
The Ministry of Transport has developed in April of 2010, the foundation stone for the project great port of Faw which contains according to the basic designs developed by the consulting firm Italian on the container terminal 3,500-meter-long wharf Last Last length of 2,000 meters, as well as the yard of the storage container has an area of more than a million square meters, and other multi-purpose area of 600 thousand square meters and square.
The maximum capacity of the port of 99 million tons per year, with an estimated total cost of the project by four billion and 400 million euros, the project is the largest investment project in Iraq because of its great economic importance.
The Ministry of Transport has been contracted by mid-2013 with the company (Arcolidon) Greek to create breaker (barrier) waves east of the port site extends the length of 8 km and the project completion rate of more than 90%, then the ministry has contracted with the company (Daewoo) of South Korea for the construction of a breakwater another at a cost of $ 511 million, and extends the barrier length of 16 km, has reached 10% completion rate.
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