3 foreign companies bid for the Baghdad Metro project
The elevated metro in Dubai, the UAE. Photo: Rizzani De Eccher
Baghdad (IraqiNews.com) – The Chairman of the National Investment Commission (NIC), Haider Makiya, revealed last week that four foreign companies submitted requests to implement the Baghdad Metro and Najaf-Karbala train projects.
In a statement to the Iraqi News Agency (INA), Makiya explained that three foreign companies have sought to engage in the Baghdad Metro project so far, while one company submitted a request for the Najaf-Karbala train project.
Makiya also elaborated that the announcement of the Baghdad metro project as an investment opportunity took place in February and was extended until April 11, 2024.
The Iraqi Prime Minister’s advisor on transport affairs, Nasser Al-Asadi, said last month that the designs for the Baghdad Metro project have been completed.
Al-Asadi explained that with 64 stations spread across 148 kilometers, the Baghdad Metro project will cover 85 percent of the capital city, including all holy sites, hospitals, colleges, and tourism districts.
Earlier in February, Makiya noted that international companies interested in bidding on the $2.5 billion Baghdad Metro project can do so via the NIC website.
In a meeting held in February with Al-Sudani, representatives of China Railway demonstrated the company’s capacity to take part in executing the Baghdad Metro project.
The Chinese company is implementing the Nisour Square development project in central Baghdad as part of the government’s projects to relieve traffic congestion in the Iraqi capital.
Representatives of China Railway provided an explanation of the expertise the company has to carry out this important project, according to a statement released by the Prime Minister’s Office (PMO).