Dinar Daily
Welcome to Dinar Daily Discussions.

Logging in with your USERNAME allows you to participate in discussions, see what has recently been posted, and other options. Guests can post but they do have limited abilities.

We are NOT a guru forum. We are a dinarian forum. The opinions expressed on the forum do not reflect the of opinion of Dinar Daily specifically, but rather reflect the views of the individual posters only.


We are in compliance with, "Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use."

Key Words
Adam Montana, AdminBill, Benjamin Fulford, Currency Exchange, David Schmidt, Dinar, Dinar Guru, Dinar Recaps, Dinar Rv, Dinar Scam, Dr Clarke, Frank26, Gary Larrabee, Gurus, Guru Hunters, JerzyBabkowski, Kaperoni, Kenny, Monetary Reform, Mnt Goat, My Ladies, Okie, Poppy, RamblerNash, Ray Renfrow, Redenomination, Revaluation, Ssmith, TNTBS, Tnt Tony, WING IT, We Are The People, Willis Clark, WSOMN, Yosef, Zap

Issuing the first economic book about the importance of the port of Faw from a Jordanian publishing house

Post new topic   Reply to topic

Go down

Issuing the first economic book about the importance of the port of Faw from a Jordanian publishing house

Post by claud39 on Thu Dec 06, 2018 10:11 am


Issuing the first economic book about the importance of the port of Faw from a Jordanian publishing house

Thursday, December 6

A publishing house in Jordan published the first economic book on the project of the port of Faw, written by researchers at the University of Basra, and included the book reference to the "lack of seriousness" successive Iraqi governments in the completion of the project despite its enormous economic importance.

The professor of economics at the University of Basra Nabil Jaafar al-Marsoumi said in an interview with Alsumaria News, "Our new book marked (economic and international importance of the port of Faw) was written jointly with my colleague Dr. Hussein Haidar al-Jazairi and the book dealt in detail with the main aspects of this strategic project "The book includes feasibility studies, including a study prepared by an Italian company, also addressed the factors of choosing the location of the project, specifications of the port, and touched on the draft channel dry with the emphasis on the need to establish Iraq to join the Silk Road as the future path of traders Global, and the book also addressed the potential economic impacts of the port in the areas of activating the growth of the national economy and attract foreign investment and promote foreign trade. "

Al-Marsoumi pointed out that "the port in the event of completion and operation, it will provide during its initial operational stages more than 70 thousand jobs," adding that "the project is indispensable because it will stimulate economic life in Iraq in general and Basra in particular."

Al-Marsoumi, who was head of the Department of Economics at the Faculty of Management and Economics, added that "the book is one of the challenges that hinder the rapid construction of the port. It is divided into internal challenges, including the failure of successive Iraqi governments to build the port and the lack of adequate financial allocations. More than one billion dollars is spent on the project, so that the project is currently threatened to stop despite the existence of surplus in the budget this year, "explaining that" the regional and external challenges are evident through the State of Kuwait to establish the port of Mubarak Al-Kabeer and conduct a link Skaki with Iraq to be a gateway to trade The The Maly depending on the port of Kuwait, and the regional situation is not welcome to the draft port of Faw, because the port will turn the world's attention to Iraq and makes it an essential weight of the international trade center. "

In 2010, the Ministry of Transport laid the foundation stone for the port of Faw, which, according to its basic designs, was designed by an Italian consulting firm. It includes 46 berths, including a container yard and a multi-purpose yard. The maximum capacity of the port is expected to be 99 million tons per year when all planned phases are completed. 

The South Korean Daewoo Company was established by the Western Wave Breaker at the port site, while the Greek company Archeryrodon set up the breakwater of the eastern waves. After that, it was planned to dig the port basin and deepen the navigational channel leading to it. Subsequent project.

The government allocated 46 million euros in 2011 to pay for the consultancy contract for the project, and in 2012 allocated 470 billion dinars for the purchase of two excavators and the establishment of a barrier (barrier) waves, and in 2014 the Ministry of Finance allocated 500 billion dinars as an advance to cover the cost of construction of 60% And then the government faced difficulty in allocating more funds to the project, so I presented it as a whole investment opportunity.

VIP Member
VIP Member

Posts : 3752
Join date : 2018-11-04

View user profile

Back to top Go down

Back to top

Permissions in this forum:
You can reply to topics in this forum