• Home
  • News
  • Government
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Health
  • About Federal Character
  • Advertise With Us
Federal Character
No Result
View All Result
Federal Character
  • Home
  • News
  • Government
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Health
  • About Federal Character
  • Advertise With Us
No Result
View All Result
Federal Character
No Result
View All Result
Home News
Iraq Unveils $17 Billion Project Connecting Asia and Europe via Road and Rail

Iraq Unveils $17 Billion Project Connecting Asia and Europe via Road and Rail

Marian RomainebyMarian Romaine
3 years ago
in News
Reading Time: 2 mins read
A A
0
Facebook ShareWhatsapp ShareX Share

In a momentous move to revitalize its economy following years of conflict and turmoil, Iraq has launched a $17 billion project aimed at linking a major commodities port on its southern coast to the Turkish border through an extensive network of roads and railways.

Known as the Development Road, this ambitious initiative aims to connect Iraq’s oil-rich southern region, home to the Grand Faw Port, with Turkey, ultimately transforming the country into a crucial transit hub. By significantly reducing travel time between Asia and Europe, Iraq seeks to establish itself as a formidable competitor to the Suez Canal.

The envisioned Development Road project involves the integration of high-speed trains capable of transporting goods and passengers at speeds of up to 300 kilometers (186.41 miles) per hour. Furthermore, it will establish connections to local industrial centers and may include the incorporation of oil and gas pipelines, adding an energy component to the venture. This significant upgrade would mark a departure from Iraq’s current outdated transportation infrastructure.

At present, Iraq’s railway system operates only a limited number of lines, including slow-moving oil freight and a single overnight passenger train journey from Baghdad to Basra, which takes between 10 to 12 hours to cover a distance of 500 kilometers.

The Grand Faw Port, initially proposed more than a decade ago, is now halfway towards completion, according to Fartousi. The revival of passenger transport between Iraq and Europe harks back to ambitious plans from the early 20th century to establish a Baghdad to Berlin express route.

The announcement of this landmark project took place during a conference focused on attracting interest and investment from Arab Gulf states, Syria, Jordan, and other Arab nations. A senior government official expressed the readiness to welcome regional investment opportunities.

Iraq has long promised development, but its infrastructure has remained in a state of disrepair, despite efforts by Prime Minister Mohammed Shia al-Sudani’s government to rebuild roads and bridges. However, officials assert that the Development Road project is distinct in its foundation, as it builds upon a period of relative stability experienced since late last year, which they hope will persist.

According to Fartousi, if the project gets going early next year as planned, it is expected to reach completion in 2029.

Tags: Iraqlaunched a $17 billion projectrevitalize its economy following years of conflict
Share234SendTweet146
Marian Romaine

Marian Romaine

Marian Romaine is a seasoned content writer with a passion for translating complex technological concepts into accessible and engaging content. She is dedicated to creating engaging and informative content aiming to enhance both reader engagement and search engine visibility. Her writing combines a deep understanding of the subject matter with a talent for crafting clear, concise, and informative pieces. With 3 years of industry experience, her expertise includes crafting blog posts, articles, social media content, and website copy.

Related Stories

14 Killed In South Africa Mine Collapse

14 Killed In South Africa Mine Collapse

byAyobami Owolabi
0

At least 14 artisanal miners have died and eight others were injured after a mine collapsed in South Africa’s North West province, authorities said. The incident occurred on...

Delivery Drivers Across Australia To Earn Minimum $31.30 An Hour In ‘World-Leading’ Deal

Delivery Drivers Across Australia To Earn Minimum $31.30 An Hour In ‘World-Leading’ Deal

byAyobami Owolabi
0

Food and grocery delivery drivers in Australia will receive a guaranteed minimum hourly rate of at least $31.30 and access to workplace injury insurance under new protections approved...

LA Influencer Denied Mental Health Diversion in Sugar Daddy Theft Case

LA Influencer Denied Mental Health Diversion in Sugar Daddy Theft Case

bySomto Nwanolue
0

A Los Angeles Superior Court judge has denied a request for influencer Adva Lavie to be diverted into mental health treatment, questioning her truthfulness and finding her mental...

Teamsters Sue California Over Self-Driving Truck Regulations

Teamsters Sue California Over Self-Driving Truck Regulations

bySomto Nwanolue
0

Self-driving trucks could be hauling cargo across highways in the near future. But not without the Teamsters having a say in the matter first. The California branch of...

Next Post
Erling Haaland Clinches Premier League Player of the Year Award

Erling Haaland Clinches Premier League Player of the Year Award

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Federal Character

We bring to you precise and factual news.
Towson, Baltimore, Maryland, USA

Recent Posts

  • 14 Killed In South Africa Mine Collapse
  • Delivery Drivers Across Australia To Earn Minimum $31.30 An Hour In ‘World-Leading’ Deal
  • ​Tuesday Primaries Test Trump And Progressive Power

Categories

  • Beauty
  • Business & Finance
  • Entertainment
  • Fashion & Lifestyle
  • Food & Nutrition
  • Government
  • Health
  • News
  • Politics
  • Sports
  • Tech

Weekly Newsletter

  • Home
  • About Federal Character
  • Advertise With Us
  • Cookie Policy
  • Sitemap

Copyright © FederalCharacter.com 2026 .

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
  • Government
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Health
  • About Federal Character
  • Advertise With Us

Copyright © FederalCharacter.com 2026 .