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Iraq to issue tenders for Grand Faw port project
by CW Staff on Mar 1, 2012
Iraq's current main port is Basra's Umm Qasr. Photo: Getty.
Iraq is to start work on its $6bn Grand al-Faw mega port project with the first invitations to tender for a breakwater for the port, the country's state port company has said.
The project, to be built south of Basra, has been on the cards for decades – but economic sanctions and war have meant the project has been shelved.
Omran Rahdi Thani, general manager of the General Company for Ports of Iraq, told Reuters the Transportation Ministry would soon seek bids to build the breakwater, which is expected to cost around $340 million.
Iraq relies on ports in neighbouring Kuwait for much of its non-oil trade. The mega port project is also part of a long-term plan to transform Iraq in to a logistics corridor between the Middle East and Europe. There are plans to reconstruct the colonial era railway linking the Gulf to Turkey.
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by CW Staff on Mar 1, 2012
Iraq's current main port is Basra's Umm Qasr. Photo: Getty.
Iraq is to start work on its $6bn Grand al-Faw mega port project with the first invitations to tender for a breakwater for the port, the country's state port company has said.
The project, to be built south of Basra, has been on the cards for decades – but economic sanctions and war have meant the project has been shelved.
Omran Rahdi Thani, general manager of the General Company for Ports of Iraq, told Reuters the Transportation Ministry would soon seek bids to build the breakwater, which is expected to cost around $340 million.
Iraq relies on ports in neighbouring Kuwait for much of its non-oil trade. The mega port project is also part of a long-term plan to transform Iraq in to a logistics corridor between the Middle East and Europe. There are plans to reconstruct the colonial era railway linking the Gulf to Turkey.
[You must be registered and logged in to see this link.]
