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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much is happening in iraq…basra port just rec’d 15 ships ..from india .
with various items .
also a air service agreement between the uk and iraq was signed on the 23 of may 2009.
something should happen soon !
Hi Darren and Future Multi-Millionaire!
I think the Iraqi dinar is fast going into unrestricted status. The transportation issue should not be a big problem, within a few months they could be rolling! Also it’s official now, they are re-merging into the World Trade Organization. Events are happining at a faster pace.
Best Wishes,
Edward
All this sounds very positive. Iraq is on its way. Ir has only taken the first steps but it is definitely on the right track. However, it still needs more `stabilization` . Could be a while yet before we hear something about the dinar making its way onto the Market.
Thanks Darren for keeping us all up to date. We all appreciate what your doing. KEEP UP THE GOOD WORK C.C.
Thanks for the nice words, lets hope this good news keeps steady.
WATCHING, CNN NEWS TODAY, THEY HAD A STORY ABOUT IRAG,
THAT 16 IRAGI’S HAVE BEEN KILLED. WITH KILLING ARE STILL
GOING ON IN IRAG. WOULD THIS SLOW OR STOP THE IRAQ
MONEY TO START THERE REVALULATION PROCESS. AS USUAL.
SO THAT THE PEOPLE WHO HAVE INVESTED IN IRAQI
CURRECNY. WILL MAKE A PROFIT. LAST QUESTIONS,
IF THE IRAQI DINARS CAN VAULE. WOULD THEY BE WORTH
$3.22 IN AMIERICAN MONEY?
I don’t think it will get to 3.22 overnight. 1 penny is big time.