Iraq hosted a new meeting to push forward the ambitious Development Road project. The talks took place in Baghdad and included delegations from Qatar, the United Arab Emirates, and Turkey. Iraq Development Road project meeting showed how serious the region is about building stronger trade links.
The Iraqi Minister of Transport, Razzaq Muhaibis Al-Saadawi, led the discussions. He explained that the talks continued from earlier meetings. Iraq updated its partners about progress and plans for the project. Prime Minister Mohammed Shia Al-Sudani sponsored the event, which gave the discussions more political weight.
During the meeting, Iraq informed its partners about key government steps. These steps include forming committees for land purchase, fair compensation, and strong security along the route. The project will stretch from Basra to Turkey. This clear plan ensures that construction faces fewer delays and risks.
Al-Saadawi also revealed that the financial and economic study is now finished. As well as, the global consulting firm Oliver Wyman prepared the model. With this analysis complete, Iraq can now move forward with real steps in the project. Iraq Development Road project meeting stressed the importance of having strong numbers and a clear plan.
The delegations also reviewed progress at the Grand Faw Port. They learned about major updates on the port, the railway line, and the dry road sections. Al-Saadawi noted that Iraq will soon announce the first part of the project. This early stage will signal the start of a long-term plan that connects the Gulf to Europe.
In another development, Oman officially asked to join the project. Other countries have also shown interest. This growing list of partners proves that the plan has strong regional trust. Expanding the project will increase trade, connect markets, and improve cooperation among neighbors.
Officials see the Development Road as a strategic path that could change the region’s economy. For Iraq, it means more jobs, faster transport, and new investment. For the Gulf and beyond, it offers a faster trade route that saves time and cost.
In conclusion, Iraq Development Road project meeting highlighted real progress. The talks built trust, shared updates, and showed that Iraq is ready to move forward.