Saturday, August 6, 2011

Iraq's Port of faw for Advancement of the Economy (Will Change the Global Economic Landscape) ...

Links ~ Iraq's Dry Canal, Links ~ Iraq port of Faw

Saturday 08/06/2011

Economist's - the most important port of Faw joints economic advancement project future returns and ...

BAGHDAD - Hussein Farhan

Stressed the economic expert Hassan al-Asadi the importance of working to establish a port of Faw, for his prominent role in the recycling of Iraq's economic growth, as it enjoys the advantages of the site serves the global trade, where the geographical location on the globe.

He said in an interview (Citizen) The decision-makers did not realize the movement of the world rapidly and that great opportunities will not be repeated easily and that the world and minds actors where you can find dozens of alternative solutions, indicating we want to offer ideas and visions for the project free economic zone of the FAO (or the so-called port Faw).

All the observations and ideas that will be based primarily on the seriousness and extent of absorption of the decision-makers of the importance of this project and serious desire in its implementation and that the private returns of this project is not immediate, but returns are returns for the future.

He pointed out that the conditions since 1985 (date of submission of the proposal for the first time) and up to the year 2011, a period amounted to twenty-six-year-old got the many changes, both with regard to the port of Hong Kong, which was proposed project is a replacement or economic zone in the Persian Gulf and the establishment of a number of modern ports that use advanced techniques, it has become necessary to review the economic feasibility studies for the project to make sure that what was feasible in the eighties and nineties of the last century is still viable after three decades already. Iraq and the Port of Faw ~ The planning mechanisms adopted by the world's developed countries for this project since the eighties

He pointed out that the proposed project with the cost of a large excess of (20) billion dollars to all the paragraphs and stages and the best formulas for its implementation is put forward as a global investment group.

The international investors with great potential, which covers such a project can not invest in such a project were not what they have a clear vision and accurate for the project and expected results.

To achieve this, we must assign offices of engineering experience and the freedom and economic Feasibility studies are detailed in all the paragraphs of the project with the economic analysis of a comprehensive returns expected economic both from the main port, which will be Mrdodath complex include the transit trade from Europe via Iraq, and what is the expected size of this trade and Mrdodadtha is economic in both directions up and down.

And export of crude oil from production sites in Iraq to the ports of the world.

As well as the export of oil products from refineries expected to sites created in the free zone to the ports of the world.

And export of liquid gas in both directions to the sea and land ports of the world and the liquid gas installations in the free zone.

And export of petrochemicals in both directions to the sea and land ports of the world. And petrochemical complexes are expected created in the free zone.

And determine the industrial zone in the free zone and the types of industries that will be the (light medium, heavy) as well as identifying the business district in the free zone and the types of services required of their stores and roofs and surfaces exposed, etc.. He continued: In addition to the preparation of studies for the establishment of the railway line from the FAO to the Turkish border, or update a comprehensive line of rail current and stations and areas of trade in which so that it can achieve the loads required of it and velocities high required to study the possibility of electrification of the railway line in the five years subsequent to increase the speed lines, as well as preparation of studies for the establishment of Highway Baghdad, the Turkish border, a project a basic and essential as you can not rely on traffic routes which do not exceed the current axle load them (9) tons were maintained in earnest more than (25) years, the time dependent loads central European roads (11-13 tons).

The truck-based load central (11-13 tons) will be an ideal way for the destruction of Iraqi roads with axle load (9) tons in record time and became the establishment of Highway, which is designed to carry axial (13) tons, an essential part of the project. And increased al-Asadi said after the completion of these studies, the State law in the project as a national project strategically for the benefit of the national economy and enact the law on foundations that will reach its economic studies, feasibility studies, engineering studies and marine, which must confirm that the reasons, objectives and expected results of previous studies is still on and confirmed It is possible to reach new studies to the development of proposals for a revised basic idea of ​​the project.

He suggested that the law (Add all the contents of legal materials) ratio, which will participate with the Iraqi government (if it was necessary for the government to participate in proportion to to cover the cost of infrastructure facilities in the project and to have an influential voice in the management of the project).

And the formation of the implementation of the project and the Ministry of powers (if not a special ministry to the project) will be more important than half of the existing ministries.

And includes the formation of the Project Board, which will be attended by investors participating in the project and involved government representatives.

It brings together a number of configurations with sub-specialized administrative and legal formations and the formation of a special research studies and specialized committees what you see at the time of the configurations necessary for the body.

Are displayed as the topic of investment to declare an international in all countries of the world's major with the invitations directly to the senior international investors, with the work program of propaganda and wide through the Ministry of Foreign Affairs and our embassies abroad and Mlhakaatna commercial publication of the notice in the local newspapers of the countries where they are located.

In addition to the importance of holding a special conference called by a number of international investors with the cadres of engineering, economic freedom and to present the project and its features and facilities provided by and expected results.

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