Iraq Business News brings you the latest Iraq transportation news relating to developments and opportunities.
By John Lee. Singapore-based Pacific International Lines (PIL) is launching a new weekly feeder service between Jebel Ali in UAE and Umm Qasr in Iraq, with the aim of strengthening its coverage and connectivity in the Middle East. Known as the Iraq Feeder Service (IQF), the company says the new route will complement PIL's flagship […]
By John Lee. The Iraqi Prime Minister's Advisor for Transport, Nasser Al-Asadi, has announced the completion of route designs for the Baghdad Metro project, estimated to cost $18 billion. Speaking to the state-run Iraqi News Agency (INA), Al-Asadi highlighted the project's scale, noting collaboration with Baghdad Municipality to finalize financial arrangements with investors. The project […]
By John Lee. In a ceremony at Iraq's giant Al Faw Grand Port in Basra on Thursday, South Korea's Daewoo has handed over five new berths to the Iraqi state. The port is a key part of the planned Development Road project, which will connect the Persian Gulf with the Mediterranean Sea via Iraq and […]
By John Lee. Iraq's Minister of Transport has announced that Türkiye has established a four-party council, including Iraq, Hungary, and Bulgaria, to advance the Development Road project's connection with Europe. Razzaq Muhaibis Al-Saadawi told the state-run Iraqi News Agency (INA) that the initial designs for railway are complete, with final designs now underway. The expressway's […]
By John Lee. Iraqi Prime Minister Mohammed Shia Al-Sudani has directed an accelerated shift from paper to digital transactions within the customs system as part of a key economic reform. During a meeting to review the detailed plan for the second phase of customs automation, Al-Sudani emphasized the need to complete fiber-optic connections across all […]
By John Lee. Iraq's Undersecretary of the Foreign Ministry for Political Planning, Ambassador Dr. Hisham Al Alawi, received the Ambassador of the Netherlands to Iraq, Ms. Janet Alberda, on 27th October to discuss a number of issues of common concern between the two countries. From a business perspective, the main points of the meeting between […]
By John Lee. Prime Minister Mohammed S. Al-Sudani chaired a committee meeting to evaluate the progress of agreements and memoranda of understanding with Türkiye, signed during the Turkish President's visit to Baghdad in April. Key topics included water resource infrastructure projects under the Strategic Framework Agreement, emphasizing cooperation based on fairness and good neighborliness. The […]
By John Lee. Representatives from Iraq, Turkey, the UAE, and Qatar gathered in Basra to discuss the latest developments in the "Development Road" project. The meeting focused on finalizing the economic feasibility study and defining key routes for the project's execution. Led by Iraq, with participation from Turkey, Qatar, and the UAE, this meeting is […]
By John Lee. Iraq's Ministry of Transport has announced that the first phase of the Grand Faw Port will be completed by next year. The project is part of the broader Development Road initiative, with progress continuing steadily. The designs for the railway line and soil surveys for the Development Road have reached 100% completion, […]
By John Lee. Iraqi Prime Minister Mohammed S. Al-Sudani has presided over a meeting with a delegation from the International Finance Corporation (IFC), a member of the World Bank Group, to follow up on the Baghdad International Airport (BIAP) development project. The meeting discussed the steps taken by the IFC to attract investors and specialized […]
By John Lee. An opinion piece published by The Washington Institute for Near East Policy argues that the US should consider supporting both the Development Road project and Turkiye's wider plans in Iraq, "since both serve the paramount goal of counterbalancing Iranian influence." Soner Cagaptay writes: "Ankara believes that the lucrative construction contracts for the […]
By John Lee. Iraq's Minister of Transport, Mr. Razzaq Muhaibis Al-Saadawi, officially reopened the Baghdad-Ramadi railway in Anbar province last week, marking a significant milestone after the line had been inactive for 20 years due to terrorism. A lengthy press release from the Ministry gave few details of the project; it included pictures of the […]
