Iraq’s $70bn Railway Project

Iraq is to get high-speed trains linking the provinces, a senior official at the Ministry of Transport said.

Talking to Aknews, deputy transport minister Bangin Rekani explained their desire for extensive railways and 240km/h trains. The plans have been presented to the cabinet for approval. The railways, which will provide a huge boost to the Iraqi economy, will also connect the country to its neighbors.

“The ministry has insufficient funds to implement the project, and therefore is awaiting the approval of the council of ministers to dedicate extra funds.”

France’s Alstom has already been in discussions to build and service a high-speed rail link between Baghdad, Iraq’s capital city, and the country’s second largest city, the port of Basra.

 

(Source: Aknews)

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