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 The issuance of the order approving the provision of financial allocation to the suspended Baghdad train DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

The issuance of the order approving the provision of financial allocation to the suspended Baghdad train

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 The issuance of the order approving the provision of financial allocation to the suspended Baghdad train Empty The issuance of the order approving the provision of financial allocation to the suspended Baghdad train

Post by claud39 on Thu Mar 05, 2020 8:49 am

 The issuance of the order approving the provision of financial allocation to the suspended Baghdad train


05/03/2020



 The issuance of the order approving the provision of financial allocation to the suspended Baghdad train 19330





Economy News _ Baghdad

The Services and Reconstruction Committee in the House of Representatives revealed, on Thursday, the issuance of the approval order to provide the financial allocation for a suspended Baghdad train after completing the basic designs from the Baghdad Municipality.

"After this approval, there will be invitations for the specialized companies to compete according to the standard they have," said committee member Jassem Al-Bukhati.

Al-Bukhati indicated that "the government will adopt financing of 15 percent of the project cost of 5.2 billion dollars, while the investor's share will be 85 percent, with the revenues of this project for 15 years from the last share."

The local government in the capital, Baghdad, has reached an advanced stage in the suspended train project by completing all the practical, legal and financial steps for the project, which runs on the middle islands without any impact on the street or infrastructure.





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