Italians Win Giant Ports Contract

A group of Italian firms will provide advisory services to the project of the al-Faw Big Port [Grand Faw] in Basra province, southern Iraq, according to a contract with the Iraqi Transportation Ministry.

The ministry reported the event in a statement on Sunday as received by Aswat al-Iraq news agency, explaining that the project will be executed in stages.

“The project will be finalized by 2028,” the press release said.

It noted that firms will execute the project at a total investment cost of four billion Euros.

IBN believes that the lead contractor on the project is Technital.

(Source: Aswat al-Iraq)

2 Responses to Italians Win Giant Ports Contract

  1. […] a presentation of the project’s designs made by Technital, the Italian company that won the design contract, Minister Hadi al-Amiri said: “There are many mechanisms to (fund) the project, maybe through […]

  2. […] capacity of 99 million tons per year making it one of the largest ports in the Persian Gulf.An Italian company will implement the project and has begun working on the designs of the port.“The Ministry is serious about building the […]

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  1. $6.3bn Grand Faw Port Tender by End-2011 | Iraq Business News - March 11, 2011

    […] a presentation of the project’s designs made by Technital, the Italian company that won the design contract, Minister Hadi al-Amiri said: “There are many mechanisms to (fund) the project, maybe through […]

  2. Grand Faw Port Plans “Ready Within the Year” | Iraq Business News - August 17, 2011

    […] capacity of 99 million tons per year making it one of the largest ports in the Persian Gulf.An Italian company will implement the project and has begun working on the designs of the port.“The Ministry is serious about building the […]