MOT: Next week will witness the decision of the company executing the port of Faw

Economy

20-11-2020, 12:20

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Baghdad - INA

The Minister of Transport, Nasser Hussain Bandar Al-Shibli, announced today, Friday, that next week will witness the decision of the company executing the project to build the Faw port.

Al-Shibli said in a statement to the Iraqi News Agency (INA): "The Ministry of Transport is still continuing to negotiate with the Korean Daewoo Company," pointing out that "there is a disagreement with the Korean company regarding the amounts and the duration."

He added, "At the same time, the Ministry of Transport has a second line for talks with a Chinese company," noting that "next week, the decision will be decided on which one is to sign for the implementation of the Faw Port project.