Iraq earmarks USD 50 billion for airport projects

Iraq government earmarked an estimated USD 50 billion for airport development projects in Iraq over the next few years. Iraqi Airways is scheduled to add new 55 Boeing and Bombardier aircrafts in to its fleet soon.
Mr Kifah Hasan Jabbar DG of Iraq Civil Aviation Authority and Iraqi Airways is expected to shed lights on the projects in the upcoming Emerging Markets Airport Suppliers Conference on December 11th to 12th 2011 in Dubai. The emerging markets of China, Russia, India, the Middle East and Africa are forecast to be among the growth leaders in airport infrastructure development spending over the next few years.
Following the director general's presentation, Mr Abdulmunaim M Ismail and Mr Ghaml Darweesh Al Isuozah special advisors to Benkin Regane Iraq's Deputy Minister for Technical Affairs with Ministry of Transport will make a presentation on Iraqi government's plan to spend USD 150 billion for the infrastructure program related to airports, sea ports and railways. Special focus will be on ongoing and new transportation projects in Baghdad, Basra, Dohuk, Karbala, Salhaddin province etc. The Umm Qasr seaport expansion and country wide railway network projects will also be under the focus.
29/10/11 Steel Guru.com

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Categories: airports Oct 2011, Foreign Oct 2011