Iraq’s old infrastructure and aims

In May 2023, Iraq announced the Development Road, $17 billion, 1,200-kilometer rail line and roadway from a new port at Al Faw in southern Iraq to Türkiye, linking Asia and Europe. The Road is more than an upgrade to Iraq’s old infrastructure and aims to leverage Iraq’s location as a future trade corridor to solve several complex problems: unemployment, corruption, outdated infrastructure, and over-reliance on hydrocarbons at a time of declining demand for oil. The project is supported by Türkiye, and Qatar and the United Arab Emirates (UAE) are participating, probably as the bankers. The Development Road Project in Iraq is a bold initiative and some potential benefits are: สล็อต