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Representative Baqir Al-Saadi confirmed on Monday that 11 countries want to invest in Iraqi development projects.
Al-Saadi said in an interview with Al-Maalouma, “The development path is not a paper project, but rather a reality. The Sudanese government seeks to put the first phase in the axes of direct implementation within a short period not exceeding months,” pointing out that “the project is strategic for Iraq’s economic future.”
He added, “11 countries have expressed their desire to invest in Iraqi development road projects, and the number may reach 50 if they are initiated,” stressing that “the world is facing the birth of an exceptional transportation line that will connect the countries of Southeast Asia and the Indian Ocean to Europe via Iraq.”
He pointed out that “the benefits of the project can be summarized in 15 points, the most prominent of which are the financial returns and the volume of investments in building industrial cities and other logistical support, in addition to creating job opportunities and charting a new transportation route in Iraq that attracts various world goods.”
The Sudanese government announced months ago the contents of the development road, which will provide a land and rail route to transport goods from the large port of Al-Faw to Europe via Turkey.
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