MOT announces the agreement on the final version of the contract for the implementation of the Faw Grand Port project

Economy
  • 6-10-2020, 09:43
  • +A -A

     Baghdad - INA

    The Ministry of Transport announced the agreement on the final version of the implementation of the grand Faw project.

    The Minister of Transport, Nasser Hussein Bandar, said in a statement to the Iraqi News Agency (INA), today, Tuesday: "It was agreed on the final version of the contract for the implementation of the project of the great port of Faw."

    It is noteworthy that the Minister of Transport had previously stated that the next few days will witness a final meeting with the Korean company (Hanwha) to decide to start the first phase of the strategic and vital Faw port project, once the contract is signed.

    Bandar explained that "this stage includes the construction of 5 berths, deepening the sailing channel for the port, which we requested to be from 19 to 21 meters, and establishing the infrastructure for five berths," noting that "the Faw port project is one of the strategic projects."

    He added that "the first stage also includes the construction of the tunnel linking the port to Bakhour Al-Zubair, and the strategic road linking the Iraqi border with Kuwait."

    He added that "there are very advanced meetings with the Korean company (Hanwha), which is currently working on simple projects as the beginning of the tunnel and burial operations," noting that "the next few days will witness a final meeting with the company."