On Tuesday, the Minister of Planning, Mohamed Ali Tamim, engaged in discussions with Othman Denie, the Vice President of the World Bank for the Middle East and North Africa region. This meeting was centered on key development issues and the potential financing of strategic projects in Iraq.
During the meeting, which was attended by Denie and his accompanying delegation, Minister Tamim highlighted the importance of enhancing cooperation between Iraq and the World Bank. The focus was on identifying ways to bolster the development process within Iraq.
The discussions included examining the World Bank’s potential involvement in financing several strategic initiatives aimed at fostering economic diversification in Iraq. Notable projects considered were the railway connection between Iraq and Turkey, as well as electrical interconnections with neighboring countries, particularly Saudi Arabia and Kuwait. Additional areas of collaboration discussed encompassed highway projects, water management, and the expansion and development of Baghdad International Airport.
Vice President Denie reaffirmed the World Bank’s commitment to prioritize Iraq in its future plans, indicating a strong readiness to support a variety of strategic projects across different development sectors.
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