RIYADH, Apr 04 (Arab News): Iraq's maritime industry is poised for expansion after a UAE logistics and trade firm signed a deal aimed at developing Al-Faw Grand Port and its associated economic zone.
Abu Dhabi Ports Group entered into a preliminary agreement to develop a joint venture with the Iraqi goverment-company responsible for the sector, according to a press release.
The initiative seeks to contribute to the nation's economic growth by fostering global trade relations, developing commercial sea corridors, and attracting international terminal operators, the report added.
AD Ports Group sign deal to develop Iraq's Al-Faw Grand Port
FE Team | Published: April 04, 2024 22:28:07
AD Ports Group sign deal to develop Iraq's Al-Faw Grand Port
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