The port of Faw for sale for Kuwaiti companies
10/10/15
BAGHDAD / Sky Press: Director General of Kuwait Ports Authority Sheikh Yusuf Abdullah Sabah Al-Nasser Al-Sabah said tonight that the institution has received offers to invest in the port of Faw of four Kuwaiti companies sober.
He said Abdullah Nasser that the investment will be the port for 99 years and that the investment opportunities and the possibility of entering the Kuwaiti companies .hsp what was said a statement issued by the Kuwaiti media ports very large because these opportunities met with satisfaction and welcomed by the Transport Minister Bayan
"The visit of a delegation of Kuwaiti companies aims to inform investors of the State of Kuwait to the reality of investment in Iraq in general and Basra in particular," he said, adding that "there is a desire by the Kuwaiti companies for the implementation of investment projects in Basra
.ccant Ministry of Transport and placed in the (April 2011), the foundation stone for the project of Faw port, which indicate his designs basis to fit the container terminal 39 thousand meters long, and a berth last a length of 2,000 meters, as well as an arena for containers with an area of more than one million m 2, and other yard multi-purpose area of 600 thousand m2, as of the capacity of the port 99 million tons per year, while the total cost for the establishment of four billion and 400 million euros, and it is hoped that the connection port line rail connects the Persian Gulf through Iraqi ports in northern Europe through Turkey.
The Transport Minister Bayan Jabr, passed in, (January 26 2015), not to the ministry's ability to implement the project port of Faw, because of the weakness of its budget, while the existence of "great reluctance" in its implementation, he stressed that the ministry was considering to allocate investment.
It is the port of Faw on the Arabian Gulf coast in the far south of Iraq, it is planned to include 100 dock for mooring ships of all kinds and receive various commercial goods and activating the role of the maritime sector by virtue of its geographical location, a universal port for connecting the Asian and European continent through Iraq via Turkey.
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10/10/15
BAGHDAD / Sky Press: Director General of Kuwait Ports Authority Sheikh Yusuf Abdullah Sabah Al-Nasser Al-Sabah said tonight that the institution has received offers to invest in the port of Faw of four Kuwaiti companies sober.
He said Abdullah Nasser that the investment will be the port for 99 years and that the investment opportunities and the possibility of entering the Kuwaiti companies .hsp what was said a statement issued by the Kuwaiti media ports very large because these opportunities met with satisfaction and welcomed by the Transport Minister Bayan
"The visit of a delegation of Kuwaiti companies aims to inform investors of the State of Kuwait to the reality of investment in Iraq in general and Basra in particular," he said, adding that "there is a desire by the Kuwaiti companies for the implementation of investment projects in Basra
.ccant Ministry of Transport and placed in the (April 2011), the foundation stone for the project of Faw port, which indicate his designs basis to fit the container terminal 39 thousand meters long, and a berth last a length of 2,000 meters, as well as an arena for containers with an area of more than one million m 2, and other yard multi-purpose area of 600 thousand m2, as of the capacity of the port 99 million tons per year, while the total cost for the establishment of four billion and 400 million euros, and it is hoped that the connection port line rail connects the Persian Gulf through Iraqi ports in northern Europe through Turkey.
The Transport Minister Bayan Jabr, passed in, (January 26 2015), not to the ministry's ability to implement the project port of Faw, because of the weakness of its budget, while the existence of "great reluctance" in its implementation, he stressed that the ministry was considering to allocate investment.
It is the port of Faw on the Arabian Gulf coast in the far south of Iraq, it is planned to include 100 dock for mooring ships of all kinds and receive various commercial goods and activating the role of the maritime sector by virtue of its geographical location, a universal port for connecting the Asian and European continent through Iraq via Turkey.
.
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