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China Railway shows interest in taking part in Baghdad Metro

Baghdad (IraqiNews.com) – In a meeting on Monday with the Iraqi Prime Minister, Mohammed Shia Al-Sudani, representatives of China Railway demonstrated the company’s capacity to take part in executing the recently announced Baghdad Metro project.

The Chinese company is implementing the Nisour Square development project in central Baghdad as part of the government’s projects to relieve traffic congestion in the Iraqi capital.

Representatives of China Railway provided an explanation of the expertise the company has to carry out this important project, according to a statement released by the Prime Minister’s Office (PMO).

26 multinational corporations from China, India, Germany, Italy, Spain, and Qatar have shown their interest in taking part in the metro project’s execution.

The Chairman of the National Investment Commission (NIC), Haider Makiya, said in early February that Iraq has decided to start accepting bids for the much-delayed project to construct its first elevated metro in Baghdad.

Makiya explained that international companies interested in bidding on the $2.5 billion Baghdad Metro project can do so via the NIC website.

In a ceremony held earlier to launch the investment opportunities of Baghdad Metro, the Iraqi Prime Minister said that the project represents an important shift in the transportation sector in the Iraqi capital, where the population exceeds eight million.

Baghdad Metro, which would connect the capital with the newly built communities, will have seven lines that stretch 148 kilometers and cover the majority of Baghdad, according to Al-Sudani’s clarification.

The project will play an important role in reducing the capital’s enduring traffic congestion.

Source: Iraqi News, 19. February 2024

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