Iraq unveils plans for $17B Asia-Europe transportation project

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Iraq unveils plans for $17B Asia-Europe transportation project
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Iraq launches $17 billion project to link major commodities port on its southern coast by rail and roads to border with Türkiye, in a move designed to transform the Arab country's economy after decades of invasions and conflicts

Centrepiece of the project will be the development of the Grand Faw Port and a “smart industrial city” adjacent to it, al Sudani says. / Photo: AP Archive

Iraqi Prime Minister Mohammed Shia al Sudani said the planned Development Road project would facilitate the movement of goods from the Gulf to Europe by way of the Grand Faw Port in Basra, in southern Iraq, which would be connected to Türkiye, then to Europe, through a network of railways and highways.

He did not say how the project would be financed but noted that Iraq would"rely heavily on cooperation... with brotherly and friendly nations." The planned works in that project would see 130 countries across Asia, Europe and Africa connected through land and sea infrastructure providing greater access to China.Zyad al Hashemi, an Iraqi consultant on international transport, cast doubt on the plan to develop the country into a transportation hub, saying it lacks"fluidity".

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