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Development Road Project

Sector: Rail • Location: Basra, Iraq

Source: شفق نيوز

Project
Under Construction

The Development Road project is a flagship infrastructure project in Iraq that includes a 1,200-kilometer highway and railway designed to enhance economic integration between East and West, expand trade routes, and streamline the movement of goods. The corridor runs from Grand Faw Port in Basra through Karbala, Baghdad, and Mosul to the Faysh Khabur crossing with Turkiye, linking to Turkish road a

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The project “Development Road Project” is an infrastructure initiative in the Rail sector, located in Basra, Basra, Iraq. Taiyo aggregates data on it from شفق نيوز.

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Participants

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under construction

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Description

Description

The Development Road project is a flagship infrastructure project in Iraq that includes a 1,200-kilometer highway and railway designed to enhance economic integration between East and West, expand trade routes, and streamline the movement of goods. The corridor runs from Grand Faw Port in Basra through Karbala, Baghdad, and Mosul to the Faysh Khabur crossing with Turkiye, linking to Turkish road and rail networks leading to Europe via Mediterranean ports. The investment package is estimated at $17 billion, including $6.5 billion for the highway and $10.5 billion for the electric railway. The project aims to channel 20 percent of Asia–Europe trade through Iraq and is projected to generate about $4 billion annually once fully operational.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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