Prime Minister Mohammed Shia Al-Sudani participated today, Saturday, in the dialogue seminar held in the capital Baghdad under the title (Development Road – Opportunities and Development), in the presence of an elite group of economic experts, investors, businessmen and media outlets.
A statement of the media office of the prime minister said that “al-Sudani pointed out, in his speech during the seminar, the need to intensify research and explanations regarding the Grand Faw Port and Iraq’s Development Road projects and the opportunities they will provide, as they are a basic gateway to economic growth in Iraq and the region, and an important pillar for expanding the non-oil economy.
Al-Sudani stressed that the quadripartite agreement between Iraq, Turkey, Qatar and the UAE constitutes the axis of operating the Development Road, but the project is open to positive partnership with all those wishing to contribute to this international development effort, stressing that the global economy today has become dep
endent on the main corridors for trade, manufacturing and integration, and the Development Road project will be an important axis of these international corridors.
al-Sudani referred to the industrial cities that will be established along the road, starting from the industrial city in Faw, which will transform Iraq from a country landlocked in commercial and industrial routes to an open country, through its contribution to expanding Iraq’s maritime effectiveness, and raising the importance of its ports, most notably the Grand Faw Port.
The symposium included many axes related to the strategic development road project, including the economic and developmental feasibility of the project, which constitutes one of the future paths of the Iraqi economy, and how Iraq will move through it to become a new major player in the international shipping and transport arena, in addition to the thousands of job opportunities the project will provide, mechanisms for developing partnerships with the private sector, and the c
hallenges facing the partnership between the government and the private sector.
Source: National Iraqi News Agency
