Iraq to build 3 new free zones
30 May 2022Iraq has approved projects to build three free zones near key airports with an emphasis on the aviation industry; an official was quoted on Friday as saying.
The General Free Zones Authority (GFZA) will oversee the construction of the zones next to the international airports in Baghdad, the Southern port of Basra and Najaf in South-Central Iraq, GFZA’s Director Monzer Assad told the official Iraq News Agency.
He said the Baghdad Airport zone project would be offered to investors and would be dedicated to “air cargo, aviation and ground support services, and aircraft maintenance.”
“The cabinet has approved this project along with other projects to build free zones near Basra and Najaf airports..the Basra free zone will be built in Shalamija area just near the border with Iran,” he said.
Assad said a fourth free zone could also be constructed at the joint economic zone that will be built on the border with Jordan.
Related
-
Soyak to install 80 MW geothermal power plant in Croatia
26 December 2024
-
AMEA Power awarded two battery energy storage projects in South Africa
26 December 2024
-
Japan, UN Partnership Supporting Iraq's Infrastructure Development
26 December 2024
-
Iberdrola completes merger with Avangrid
26 December 2024
-
AD Ports Group awards construction contract for Egypt’s Safaga Terminal
26 December 2024
-
Saudi’s Red Sea International Co. Subsidiary Signs $85 million MEP Works Contract
26 December 2024