The General Company for Iraqi Ports announced on Thursday that the consulting company has reached the semi-final stages of developing the economic model for the Development Road Project, indicating that there are 60 investment opportunities in 5 sectors within the project
The company’s general manager, Farhan Al-Fartousi, told the Iraqi News Agency (INA), “The Iraqi Business Summit, ‘Faw Port: Iraq’s Gateway to Investment,’ held two days ago at the Grand Faw Port, came after the General Company for Iraqi Ports reached advanced stages of completing this major project.” He noted that “this also coincided with the Ministry of Transport’s near completion of the final designs for the Development Road Project.”
He added, “The economic consulting company tasked with developing the project’s economic model has reached the semi-final stages,” noting that “the Prime Minister has directed us to work as a single economic and technical team, and we have begun the process of promoting the project.”
He continued, “The most important outcomes of this economic forum are the shift toward investment, the focus on detailing investment opportunities, and engaging in detailed discussions with companies to determine the rate of return on revenue for these projects.” He explained that “Oliver Wyman has presented numerous investment opportunities, and we have begun analyzing these opportunities for the public to make them attractive to other investors.”
