Middle East Economic Survey

VOL. LIII

No 5

1-Feb-2010

IRAQ

Iraq To Invite Bids For $3bn Railway Project

The Iraqi Ministry of Transport has announced plans to build a $3bn rail network around Baghdad, to replace pre-war infrastructure and improve passenger and freight travel across the country. State-run Iraqi Republic Railways (IRR) and the ministry are expected to announce in the coming weeks plans to invite foreign companies to bid for the project. Based on a proposal put forward...