IRBIL: Iraq‘s PM on Saturday announced plans for a $17 billion regional transportation project intended to facilitate the flow of goods from Asia to Europe. The announcement was made at a one-day meet in Baghdad that convened transport ministers and representatives from Iraq, the Gulf countries, Turkiye, Iran, Syria, and Jordan.
Iraqi PM Mohammed Shia al-Sudani said the planned Development Road project would facilitate the movement of goods from the Gulf to Europe first to Turkiye, then to Europe, through a network of railways and highways. The project, which would involve the construction of 1,200 km of railways and highways, will be “an economic lifeline,” said al-Sudani.
Iraqi PM Mohammed Shia al-Sudani said the planned Development Road project would facilitate the movement of goods from the Gulf to Europe first to Turkiye, then to Europe, through a network of railways and highways. The project, which would involve the construction of 1,200 km of railways and highways, will be “an economic lifeline,” said al-Sudani.