Grand Faw Port: A Qualitative Leap in Iraq's Non-Oil Economy

Iraqi and international staff continue working day and night on the Grand Faw Port project, with completion rates for container berths reaching record stages ahead of the scheduled timeline. The port is Iraq's new gateway to the world, providing an energy and trade corridor linking Asia to Europe through Iraqi lands. Economic studies have confirmed that the port will contribute to creating a massive free economic zone attracting global industrial companies to set up their factories, transforming Basra into a global industrial and commercial hub. The government expects the port to generate billions of dollars in annual profits, in addition to providing job opportunities for tens of thousands of Iraqi engineers, technicians, and workers, contributing to revitalizing the economic cycle and achieving sustainable development across all Iraqi provinces.