Iraq establishes private company to manage development road project
Iraq establishes private company to manage development road project
2025-03-27 03:47
Shafaq News/ The Higher Committee for the Development Road Project, headed by Iraqi Prime Minister Mohammed Shia al-Sudani, announced on Thursday the establishment of a private company to manage the project.
His media office said in a statement received by Shafaq News Agency that Al-Sudani chaired today the regular meeting of the Supreme Committee for Monitoring the Implementation of the Development Road Project. This is the second meeting held within a week.
The statement added that the meeting reviewed the progress of the project’s various phases and discussed the directives issued during the previous meeting. Approval was given for the Iraq Development Fund to establish a private company to manage the development road project, and for the Higher Committee to proceed with establishing the project’s special authority.
The meeting also approved the interim governance instructions regulating the relationship between Iraq and Turkey regarding the project. In this regard, the Prime Minister directed Oliver Wyman to hold a joint meeting with the Iraqi and Turkish sides to finalize these instructions.
The statement indicated that the meeting was attended by the Minister of Transport, the Director of the Prime Minister’s Office, the General Coordinator for Provincial Affairs, the Chairman of the Iraq Development Fund, the Deputy Chairman of the Parliamentary Transport Committee, a number of advisors to the Prime Minister, the Director General of Ports, and representatives from Oliver Wyman, the company providing consulting services for the project.
shafaq.com
