Iraq signed a contract to finance the dry canal project with the World Bank
Iraq signed a contract to finance the dry canal project with the World Bank
02-03-2014 03:52 PM
Baghdad (news) .. Iraq signed by the representatives of the Ministry of Construction and Housing with World Bank financing contract dry canal project in Iraq, attended by the Minister of Construction and Housing (Mohammed Darraji) and the Minister of Finance Agency (purity of net debt) and a representative of the World Bank (Fred Belhadj). Minister Construction and Housing during the signing ceremony that the agreement came as part of a major project to develop and establish ways of a new strategy linking Iraq to neighboring countries, stressing that the World Bank recognized the site of the Iraqi strategic and important for the development of global trade and passing through Iraq, where Iraq is the link between the East and the West. added: The roads that will be implemented within this agreement include road (Basra – Safwan) and by (Nasiriya – Rumaila) and by (Nasiriya – Samawah – bureaucracy), noting the that the ministry has already forwarded the draft rehabilitation project Highway portion (Baghdad – a suit – Diwaniya ) within the budget of the ministry of investment allocated by the state. between the minister that the road project (Baghdad – Heat – Trebil and newborn), which links the capital, Baghdad, Jordan and Syria engaged in negotiations on financing by the Islamic Development Bank to be the international road complete from the extreme Basra and even international boundaries bond between Iraq, Syria, Jordan, stressing that the designs for the road of Highway Traffic No. 2, which stretches from Baghdad to the Turkish border will be completed during the coming period, where the ministry will refer the first part of the road, a road (Baghdad – Samarra) a length of 94 km in the general budget of the ministry, while parts the remainder of the road, there are negotiations with the investment firms that bid for the road construction. confirmed that there are 21 station weight set up by the ministry is currently working in the provinces of Basra, Dhi Qar, Maysan and Muthanna, Wasit, work is under way for the completion of fifty-four other stations scattered in the remaining provinces to be a total of 75 stations. For his part, Minister Finance Agency, said the project is one of the important projects and ambitious for the development of trade and transport in Iraq and will benefit large trade Iraqi and international, praising the role of the Ministry of Construction and Housing in the quest for the development of the road sector in Iraq. To that, the representative of the World Bank (Fred Belhadj) This agreement embodies the relationship between World Bank, Iraq, and the door will be wider, which will be funded from other projects and we will support this relationship based on trust, stressing the importance of Iraq’s strategic position in the region and the world. / End
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