Baghdad – IA
Today, Thursday, the head of the National Investment Authority, Haider Muhammad Makkiya, announced the date of announcing two qualitative investment opportunities in the transportation sector to solve the problem of traffic congestion in a radical manner.
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Makiya said in a statement received by the Iraqi News Agency (INA), that “the National Investment Authority is keen to implement government plans and programs related to eliminating traffic congestion and treating them in accordance with investment methods for advanced projects in the field of transportation.”
Makiya explained, “Prime Minister Muhammad Shiaa Al-Sudani is continuing to complete promising service and development projects in the year 2024 (the year of achievements), indicating that the National Authority is following up on the implementation of important investment and service projects that directly affect the lives of citizens, including transportation and housing projects, among others.
He added, “The current trend is towards announcing two investment opportunities in the transportation sector to relieve and address traffic congestion, according to a qualitative investment method characterized by a modern economic, technical and financial model (DBOMFT), which is the basis for the success of the two investment opportunities,” noting that the Authority will provide facilities and benefits that guarantee the rights of international investors and companies. specialized, and providing the foundations for an attractive investment environment for vital projects in Iraq.”
Makiya continued, “The selection of the international implementing companies will be through the international consultant for the Iraqi government whose employment contract was signed for the two projects, as his task will be to audit and select the best offers.”
The head of the National Authority noted that “the announcement of the two investment opportunities (Baghdad Metro and Najaf-Karbala Metro) will be available to international companies and investors on the official website portal of the National Investment Authority starting on 2/12/2024.”
