Wednesday, November 6, 2024

Baghdad

Iraq to start accepting bids on Monday for Baghdad Metro

 Iraq to start accepting bids on Monday for Baghdad Metro

A construction worker stands in an underground MRT system tunnel in Jakarta on Sept 20, 2022. Photo: Reuters

Baghdad (IraqiNews.com) – The Chairman of the National Investment Commission (NIC), Haider Makiya, said on Thursday that Iraq has decided to start accepting bids on Monday for the much-delayed project to construct its first elevated metro in the country’s capital, Baghdad.

Makiya also explained that bids for a railway project between Najaf and Karbala in central Iraq will open on Monday, the Iraqi News Agency (INA) reported.

The NIC’s chairman stated that both projects will be made available for investment and that other significant projects will be revealed this year.

The Iraqi official noted that international companies interested in bidding on the $2.5 billion Baghdad Metro project can do so via the NIC website.

In a ceremony held to launch the investment opportunities of Baghdad Metro, the Iraqi Prime Minister, Mohammed Shia Al-Sudani, said that the project represents an important shift in the transportation sector in the Iraqi capital, where the population exceeds eight million.

Baghdad Metro, which would connect the capital with the newly built communities, will have seven lines that stretch 148 kilometers and cover the majority of Baghdad, according to Al-Sudani’s clarification.

The project will play an important role in reducing the capital’s enduring traffic congestion.