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Faw Grand Port Project. "Internet"
Economy News - Baghdad
The Parliamentary Economic and Investment Committee said that several countries are working to prevent the construction of the large Faw port project in Basra.
On Friday, 10/9/2020, the director of the Korean company executing the project uttered his last breath in an incident that is still shrouded in many mysteries.
A member of the committee, Ali Al-Lami, said, in statements followed by Al-Eqtisad News, that some countries are trying to obstruct the implementation of the Faw Grand Port project, pointing out that "the Korean Daewoo Company is not an investing company for the project, but rather an implementer of it."
He added, "In recent days, the Parliamentary Services Committee formed a committee to refer the contract concluded between the Ministry of Transport and the Korean company to implementation."
Al-Lami added that the House of Representatives is awaiting the results of the investigation of the death of the director of the company executing the port of Faw to take the necessary measures that would restore confidence between investors and the Iraqi government.
On April 5, 2010, the cornerstone of the Faw Port project was laid in Basra, southern Iraq.
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