Iraq’s $17 Billion Invitation To China: Take Over 1200 Kilometers Of Railway!
#china #chinanews #project #railway #iraq
Iraq’s $17 Billion Invitation To China: Take Over 1200 Kilometers Of Railway!
What is coming on the way for USA to come with its full power? Is it going out of hand? See how China and Iraq is going to threat US power. Under the long-term war and the sanctions imposed by Western countries, the development of Iraq has been severely hindered. However, to change this situation, Iraq has recently announced a remarkable infrastructure plan that has the potential to transform the country.
The announcement of this promising plan has generated both excitement and skepticism. On one hand, it holds immense potential to boost Iraq’s economy and improve its connectivity with the global market. On the other hand, the current state of Iraq’s infrastructure poses significant challenges.
The country lacks the necessary technology and resources to undertake such a massive construction project on its own. Considering this critical moment, Iraq has turned its attention to China and extended invitations for cooperation in the construction of this grand railway. China, renowned for its expertise in infrastructure development, has emerged as a leading player in global construction projects.
With its vast experience and resources, China has the potential to lend a helping hand to Iraq and support the realization of this ambitious plan. The involvement of China could bring advanced technology, financial assistance, and skilled labor to ensure the successful completion of the railway. Moreover, China’s participation would also create opportunities for economic collaboration between the two countries, fostering bilateral trade and investment.
The proposed railway, known as the Development Road, holds great significance for Iraq.
Its primary objective is to connect the Grand Faw Port, located in the country’s oil-rich southern region, to Turkey. By doing so, Iraq aims to establish itself as a vital transit hub, effectively reducing travel time between Asia and Europe. This endeavor seeks to rival the renowned Suez Canal, which has long dominated the transportation of goods and passengers between these two continents. Beyond its economic implications, the Development Road also holds the potential to catalyze the development of vast areas within Iraq.
Farhan al-Fartousi, the director general of the General Company for Ports of Iraq, emphasized the transformative nature of this project. He stated that the road is not merely a means to transport goods and passengers but rather a gateway to progress and development. The envisioned high-speed trains would enable the efficient movement of people and cargo, while links to local industry hubs would stimulate economic growth. Furthermore, the inclusion of an energy component, such as oil and gas pipelines, could further diversify Iraq’s economy and enhance its energy infrastructure.
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