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Industrial assembly: Port of FAO will support the country's economy
Date: Thursday, 03.01.2012 8:59
Baghdad / term
Prime assembly industrial Abdul Hassan Shammari that the construction of the port of Faw will support the Iraqi economy through annual revenues because it would reduce the distances of the consuming countries of the goods.
Al-Shammari said, according to the Agency (news) said on Wednesday that the port of Faw is of great importance for the Iraqi economy through imports will equal the annual financial oil that this region will be the source of goods to attract a lot of European countries and Asian countries and will give service to the peoples of the world through the transfer of their goods by land instead of sea and deliver it as soon as possible.
He said Shammari: that the draft port of Faw is one of the big projects that can be exploited because it will reduce the distance between Asia and Europe.
He added that the dry canal will link Basra, Syria, Lebanon, and bring the distance between Europe and Asia may have to take a short time it takes weeks or less for the arrival of goods into the country of destination because it will not pass the Arabian Sea and the Red Sea and the Suez Canal and the Mediterranean, stressing that this port will help the Iraqi economy through imports and the economy (EU) through the short distance.
He pointed out that the main reason for failing to build the port of Faw so far goes back to the Palace economic outlook and the absence of specialists in this aspect because this will link the region to Syria and FAO will compete with the Suez Canal.
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