AD Ports partners with Iraq on Al-Faw Grand Port development
NewsAD Ports Group joins forces with Iraq’s General Company for Ports to develop Al-Faw Grand Port, poised to offer a strategic alternative to the Suez Canal.
The Iraqi Ports Authority (IPA) has plans for 60 new berths at the four ports under its jurisdiction, to be developed over the next five to 10 years at a cost of around US$1 bill, although the financing arrangements are not clear.
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