Saudi Mining Boom Drives Record Investments and Industrial Expansion in 2025

Saudi Arabia’s economy continues to transform as...

Kuwait Customs Takes Part in WCO Regional Meeting to Strengthen Cooperation

The General Administration of Customs in Kuwait...

Kuwait Reports Sharp Decline in Drug Cases After Tougher Law

Kuwait anti-drug law measures have led to...
HomeBusinessIraq Launches Ambitious...

Iraq Launches Ambitious Development Road Project to Boost Economy

Iraq’s new Development Road Project marks a major step in national infrastructure growth and regional connectivity. The focus on infrastructure growth aims to strengthen trade, create jobs, and position Iraq as a regional hub. Moreover, infrastructure growth is central to Iraq’s long-term economic vision and integration with international markets.

Prime Minister Mohammed Shia’ al-Sudani visited Basra province on Thursday to inaugurate the first section of the Development Road Project. This initial stretch spans 62 kilometers, connecting al-Faw Port with Umm Qasr Port. Additionally, it sets the stage for seven phases, each managed by different construction companies.

The entire project will cover 1,200 kilometers and cost an estimated $17 billion. It will include highways and railways to transport goods and passengers efficiently. Furthermore, officials expect the project to generate around $4 billion in annual revenues.

The initiative aims to enhance Iraq’s geopolitical standing while boosting the national economy. By linking the Gulf ports to the northern border with Turkey, the project will open new routes for trade with Europe. Additionally, it is anticipated to create thousands of jobs across multiple sectors, including construction, logistics, and transportation.

Transport ministry spokesperson Maysam al-Safi confirmed that the “basic version” of the project will be completed by the end of December. This milestone will allow companies to participate in tendering processes for subsequent phases. Furthermore, the phased approach ensures systematic progress while maintaining quality standards.

However, the plan has raised concerns from the Kurdistan Regional Government. The proposed route currently bypasses major highway and railway links to the Kurdistan Region. As a result, officials warn that centralizing trade routes through federal territories could limit the Region’s control over cross-border commerce and customs revenues.

Despite these concerns, the Development Road Project demonstrates Iraq’s commitment to infrastructure growth. Through strategic planning, modern construction techniques, and regional coordination, Iraq aims to enhance trade, attract investment, and strengthen national logistics networks.

Overall, the project reflects Iraq’s ambition to modernize its transport sector and expand economic opportunities. By prioritizing infrastructure growth, the country moves closer to becoming a major trade hub in the region, benefiting both citizens and businesses.

Submit Your Article

Share your story with Khaleej Telegraph readers

Minimum 300 words recommended

Our editorial team will review your submission within 48 hours

Continue reading

Oman and Norway Reaffirm Commitment to Regional Stability and International Cooperation

Officials from the Sultanate of Oman and the Kingdom of Norway have reaffirmed their commitment to strengthening regional and international security and stability during high-level talks in Muscat. Oman’s Foreign Minister Sayyid Badr bin Hamad Al Busaidi received Andreas Motzfeldt...

Kuwait Customs Takes Part in WCO Regional Meeting to Strengthen Cooperation

The General Administration of Customs in Kuwait has participated in the 63rd Regional Meeting of Directors General of Customs for the North Africa, Near East and Middle East region, held virtually under the framework of the World Customs Organization...

BTS Draw Massive Crowd in Mexico City During High-Profile Visit

Tens of thousands of fans gathered in Mexico City on Wednesday as South Korean K-pop group BTS made a public appearance outside the National Palace following a meeting with Mexico’s President Claudia Sheinbaum. An estimated 50,000 fans filled the area...