PROJECTS: Iraq set to award new Faw Port deals

by **GirlBye** on Fri Oct 02, 2020 10:30 am

OPEC member Iraq intends to award new contracts worth $2 billion within a project to build one of the world's largest container terminals in the Southern Faw Peninsula, an official was quoted on Monday as saying.

The General Authority for Ports in Iraq will sign the contracts for infrastructure and construction of more berths in the next few days, the company's director Farhan Al-Fartousi told Iraq's Aliqtisad news network.

"The next few days will see the signing of five new contracts with foreign firms worth around $2 billion...work in this phase will be completed within 3.5 years," he said, adding that a number of Chinese companies are competing for the contract along with Daewoo of South Korea.

Iraqi officials have said the "Grand Faw Port" would cost around 4 trillion Iraqi dinars ($3.36 billion) to be funded by the government and investors, and would have the capacity to handle 99 million tonnes annually. The project was launched in 2010 but it was held up by internal hostilities and the country's cash shortages due to low oil prices.

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by **claud39** on Fri Oct 02, 2020 12:04 pm

[size=32]The Security and Defense Committee discusses with the Minister of Transport the stages of constructing the Al-Faw Grand Port[/size]

01/10/2020

PROJECTS: Iraq set to award new Faw Port deals WhatsApp-Image-2020-10-01-at-12.40.20-AM-800x445

The head of the Parliament's Security and Defense Committee, MP Muhammad Ridha Al Haider, met the Minister of Transport, Mr. Nasser Al-Shibli, on Wednesday 9/30/2020.

During the meeting, which was attended by a member of the Security and Defense Committee MP Saad Mayea Al-Halfi, the Ministry of Transport preparations for the visit of Imam Hussein (peace be upon him) took place.

On the other hand, the meeting discussed the file of the large port of Faw, examined the stages of project completion, and identified the most important challenges and obstacles facing the work, expressing the committee's readiness to provide any support to the Ministry of Transport to accomplish this vital project.

For his part, the Minister of Transport gave a briefing on the transfer of the suspension train in Baghdad, and the maintenance of the Iraqi train tracks, especially the Mosul railway in the spring of Syria.

Al Haidar stressed the necessity of establishing the Al-Faw naval base, which it is hoped to start in conjunction with the construction of the large Faw port.

House of Representatives
Media
Department 9/30/2020

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https://ar.parliament.iq/2020/10/01/%d9%84%d8%ac%d9%86%d8%a9-%d8%a7%d9%84%d8%a7%d9%85%d9%86-%d9%88%d8%a7%d9%84%d8%af%d9%81%d8%a7%d8%b9-%d8%aa%d9%86%d8%a7%d9%82%d8%b4-%d9%85%d8%b9-%d9%88%d8%b2%d9%8a%d8%b1-%d8%a7%d9%84%d9%86%d9%82%d9%84/