Archive for June 2nd, 2009

Iraqs Transportation Revolution

Tuesday, June 2nd, 2009

 Iraqs Transportation Revolution
 
The Iraqi government is keen on paving the way for more foreign investors in order to bring in more funds, an objective that requires fundamental infrastructure changes. Iraq turned from a war-hit country into a revitalized Middle Eastern destination that lures all European and American businessmen as well as multinational corporations, but there are main facilities and services have to be available in Iraq to
be comprehensively eligible to host top-notch wealthy companies and individuals.
 
The government is obviously aware of that aspect, and they are acting accordingly. Iraq transport minister Amer Abdul-Jabbar demonstrated that the government is on the right track to turn around the country’s fortunes and take a huge step towards prosperity.

Abdul-Jabbar announced that he called on British officials to open a direct flight route between both countries’ capitals Baghdad to London flights, a project that will surely help so many businessmen and project owners to oversee their businesses in Iraq.
 
The Iraqi minister has already met with a delegation from England that represents the British Ministry of Development and the British Contractors and Companies Union, and he made it loud and clear that the massive project’s aim is to attract more overseas investors into the country, assuring that other similar transportation project willget underway in the foreseeable future for the same very purpose.
 
“The minister has reviewed the Ministry of Transports projects for investment in various areas like air, land and sea transports,” a statement reads.  From his side, minister Abdul-Jabbar commented:

“The British authorities to open a direct flight route between Baghdad and London to encourage the investors and British businessmen to come to Iraq, I hope to see this route open soon.”
 
The British delegation is looking forward to putting their finger on the weaknesses that need improvement to carry on the project in the petroleum rich country in a smooth and effective way.

“Our role is limited, it’s only to explore the projects and the needs of the Ministry and present them to the British investors,” a spokesman elaborated on the same subject.
 
The group will also review other investment locations in Iraq, where they would be responsible for business development, in addition to the possibility of tapping into Iraqi sources with other full-scale projects. Moreover, the group has held talks with a good number of Iraqi ministers and officials alike, and discussed in prolonged meetings other potential Investments in different domains, such as minerals, construction and Housing.

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This article may be reprinted online and offline
as long as this box remains and its link is
hyperlinked online.  Written by Darren Chabluk
for http://DrDinar.com/blog
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