Iraq awards port expansion contract

08 May 2018
Turkish firm wins Umm Qasr Port yard expansion package

Iraq’s Transport Ministry has awarded Turkish firm Enka the contract for the expansion of Yard 5 at Umm Qasr Port’s multipurpose terminal.

The contract, understood to be worth $160m, covers the construction of three berths and the expansion of quay walls.

Development of Iraq’s ports, primarily the much-delayed Grand Faw Port, is among the government’s key priorities in line with revitalising trade and its overall economy.

In 2017, Iraq’s Transport Ministry was understood to be reviewing the prequalification documents submitted by firms for the build, operate, transfer (BOT) contract for the first container terminal at the Grand Faw Port, located in the extreme southeast of the country, adjoining Iraq’s Basra and Iran’s Abadan regions.

Prior to this, it was undertaking discussions with Chinese, Southeast Asian and European firms for the contract, which includes dredging work as well as the construction of container terminals and other buildings at the port.

Grand Faw Port along with several airports were among dozens of projects Iraq presented to investors during the Invest in Iraq Conference held in Kuwait in February.

 

A MEED Subscription...

Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.