Iraq’s prime minister has announced plans for a $17 billion regional transportation project intended to facilitate the flow of goods from Asia to Europe.
FILE - Prime Minister Mohammed Shia al-Sudani sits for a portrait in his office in Baghdad, Iraq, Wednesday, March 1, 2023. Mohammed Shia al-Sudani on Saturday, May 27, 2023, announced plans for a $17 billion regional transportation project intended to facilitate the flow of goods from Asia to Europe.
IRBIL, Iraq — Iraq’s prime minister on Saturday announced plans for a $17 billion regional transportation project intended to facilitate the flow of goods from Asia to Europe. A centerpiece of the project will be the development of the Grand Faw Port and a “smart industrial city” adjacent to it, al-Sudani said.
He did not say how the project would be financed but noted that Iraq would “rely heavily on cooperation... with brotherly and friendly nations.”
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