Economy News _ Baghdad
Minister of Transport Eng. Abdullah Luaibi announced on Sunday the approval of the Minister of Construction and Housing, Benek Rikani, on the basic design for the establishment of an integrated economic city in the Al Faw Peninsula.
"The project will include the construction of large industrial, residential and commercial zones to promote wider exchange with the Gulf countries," he said in a statement received by Al-Iktissad News.
He added that "the Ministry of Transport decided to develop Iraq's maritime coast after embarking on the completion of the port of Faw," saying that "FAO is the only waterfront in Iraq overlooking the Arabian Gulf."
"The contract was signed in advance with Italian consulting company Tecntal for the preparation of Master Plan for the region includes the distribution of space in such a way as to ensure optimal utilization of land to overcome slums in the implementation of projects."economy-news.net/content.php?id=15818
Minister of Transport Eng. Abdullah Luaibi announced on Sunday the approval of the Minister of Construction and Housing, Benek Rikani, on the basic design for the establishment of an integrated economic city in the Al Faw Peninsula.
"The project will include the construction of large industrial, residential and commercial zones to promote wider exchange with the Gulf countries," he said in a statement received by Al-Iktissad News.
He added that "the Ministry of Transport decided to develop Iraq's maritime coast after embarking on the completion of the port of Faw," saying that "FAO is the only waterfront in Iraq overlooking the Arabian Gulf."
"The contract was signed in advance with Italian consulting company Tecntal for the preparation of Master Plan for the region includes the distribution of space in such a way as to ensure optimal utilization of land to overcome slums in the implementation of projects."economy-news.net/content.php?id=15818