Mawazin News

Britain: Our companies are ready to cooperate and enter major investment projects in Iraq

Britain confirmed on Sunday its companies were ready to cooperate with Iraq and enter major investment projects in the field of transport.

“Transport Minister Abdullah Luaibi chaired an extensive meeting with British Baroness Emma Nicholson in the presence of British Ambassador John Wals, as well as a number of major international companies specialized to discuss the horizons of joint cooperation in various fields of transport,” the Ministry of Transport said in a statement received by Mawazine News. To the benefit of both sides. ”

“We intend to bypass the European urban barrier on Iraqi Airways,” he said, adding that “big steps are being taken in this direction.”

He pointed out that “this meeting included an invitation to British companies to invest in Iraq,” expressing “his hope to promote the rail sector to be an integrated transport system from northern Iraq to the south.”

And that “upgrading it needs billions of dollars to make it to the required level,” pointing out that “the ministry is currently seeking to maintain the existing rail network and rehabilitation to be able to meet the requirements of transport.”

“The British government considers this year as a year of business,” he said, stressing that “British companies are present and ready to cooperate with Iraq and to enter into major investment projects in the field of transport.” Source