IBS-Ports Summit launches at Grand Faw Port to solidify Iraq’s strategic trade vision Iraqi News

Basra (IraqiNews.com) – The IBS-Ports 2025 Summit officially launched today, Wednesday (October 8, 2025), from the Grand Faw Port in Basra Governorate. The summit, organized by the Iraqi Company for Ports with its partner, A’amal Company, is being held under the theme “Al-Faw is an Opportunity,” with a focus on major projects linked to Iraq’s future economy.

Farhan Al-Fartousi, the Director General of the General Company for Ports of Iraq, stated that the summit embodies the government’s vision to establish Iraq as a key hub in global trade movement. He affirmed that the Development Road project serves as the “backbone” of this vision, connecting the Grand Faw Port to the Faysh Khabur border via dual rail and road corridors extending 1,200 kilometers. Al-Fartousi noted that progress is advanced, with the rail line reaching 83% completion and the road line at 68%, while designs from the Italian consulting firm are being finalized.

The Grand Faw Port itself forms the core of these projects, ready with massive operational capabilities. It features five modern docks, the world’s longest breakwater, an immersed tunnel linking road networks across the navigational channel, and container yards equipped with advanced digital operating systems to ensure swift cargo handling and reduced transport costs.

The summit’s agenda extends beyond infrastructure, addressing the transformation of the logistics sector. Discussions include investment opportunities in smart ports, industrial cities, and the digital transition of port operations through comprehensive automation and data protection. This push aims to leverage Iraq’s strategic geographic location, positioning the country as a competitive international logistical center.

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