The project was first official proposed and announced in 2010, however countless delays due to the conflict in Iraq, and the blockade by cash shortages due to internal hostilities and low oil prices caused the project to be halted. However finally, in 2020 the Prime Minister of Iraq
Mustafa al-Kadhimi launched the second phase of the port, with
South Korean company Daewoo Engineering winning the $2.7 billion contracts for the port in December. Several other companies competed for the contracts including
Chinese,
Emirati and
American companies.
Iraq hopes the port will create a shorter transportation corridor between the
Middle East and
Europe, bypassing the
Suez Canal, through the eventual expansion of a national rail network. Construction of the initial five berths, as well as roads, and a tunnel to connect it to
Um-Qasr port across the Khor-Al-Zubair waterway began. In April 2024, during a visit to Baghdad by Turkish President
Recep Tayyip Erdogan, a quadrilateral memorandum of understanding regarding cooperation in the
Iraq Development Road project was signed between
Iraq,
Türkiye,
Qatar, and the
UAE, inked by the transportation ministers from each country. The 1,200-kilometer project with railway and highways which will connect the Great Faw Port, aimed to be the largest port in the Middle East. It is planned to be completed by 2025 to the Turkish border at an expected cost of $17 billion. On 7 November 2024, a handover ceremony was held at the site of the Grand Faw Port, where the Prime Minister
Mohammed Shia' Al Sudani announced the completion of the construction of the five initial berths, concluding the first phase of the construction of the planned 100 berths. == See also ==