The Ministry of Transport confirmed that the offers made regarding the construction of the Al-Faw port will be presented to the Council of Ministers within the next two days.
The Ministry's Information Director, Faleh Hadi, said in a statement to the Iraqi News Agency (INA): "The offers of the Faw port will be presented to the Council of Ministers within the next two days," noting that "the first contract is submitted by the Korean company Daewoo and the second by a Chinese company."
He explained, "The offers include five strategic projects for the port, pointing out that the cabinet will take over the task of choosing between the two offers."
Hadi indicated that "the plan of the Ministry of Transport includes the rail link to the port."The Minister of Transport, Nasser Hussain Bandar Al-Shibli, announced earlier 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 dispute 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."