Government Advisor: Establish a special body to oversee Development Road and Faw Port

Local
  • 11-02-2025, 13:30
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    INA-  BAGHDAD


    The Prime Minister's Advisor for Transport Affairs, Nasser Al-Asadi, revealed today, Tuesday, a plan to form a special body to manage the Faw Port and the Development Road, indicating that 95 percent of the Faw projects have been completed.

    Al-Asadi said, in a statement to the Iraqi News Agency (INA): "Work is underway to complete the five projects in the Faw Port, which include the submerged tunnel, the road linking the port, the welcome yards, the container handling yard, and the marine dock for docking ships."

    He explained that "the five projects have reached advanced completion rates of about 95% for each, while work on the submerged tunnel has reached the stage of examining the soil under the tunnel, which is located underwater, which requires the use of advanced engineering techniques that are entering Iraq for the first time."

    He added: "We are currently working on studying the formation of a special body to manage the Faw Port and the Development Road, which will also supervise the economic city, the residential city, and investments along the path of the development road."

    He pointed out that "Oliver Wyman International has been appointed to study the economic model of the project, with the aim of providing economic opportunities according to the requirements of the global market," noting that "the Faw Port is expected to be operational this year, to be completed with the development path by the end of 2028."