Iraq’s Port Development Strategy Achieves Significant Milestones
The General Company for Iraqi Ports has reported that its strategic initiatives have successfully increased container handling capacity to 4 million units. This development is part of a comprehensive plan that has been in place since 2020, which focuses on enhancing both the technical and operational dimensions of the port ecosystem. In the previous year, the ports handled an impressive 30 million tons of various goods.
According to Farhan Al-Fartousi, General Manager of the Ports Company, the program aims not only to raise container volume but also to improve infrastructure, expand operational capacities, and implement more efficient electronic systems. These enhancements have significantly streamlined interactions with merchants and operators, thereby facilitating faster movement of goods. In the last year alone, the company recorded the handling of approximately 1,000,800 containers alongside 30 million tons of diverse merchandise.
Advancements in Industrial Production
In a notable progression, the company commenced its second phase of development in 2023, which includes establishing industrial activities within the Umm Qasr port. This initiative has yielded notable outputs, such as the production of oils and animal feed, with capacities reaching 3,000 tons, 240 tons of feed daily, and 600 tons of vegetable oils. So far, the port has successfully exported a third shipment amounting to 400,000 tons of vegetable oils.
The push towards industrial diversification reflects a broader strategy to enhance the port sector, augment production capabilities, and support the national economy. Al-Fartousi emphasized that this strategy aligns with global trends observed in major ports like Jebel Ali and Singapore, where industrial transformation has become a core operational component.
Future Prospects
Looking forward, the General Company for Iraqi Ports has plans to develop an integrated economic zone within the framework of the FAO Port Project. This ambitious design aims to further boost cargo handling capacity and contribute significantly to the country’s economic growth. The ongoing industrial integration represents a pivotal shift for the port and underscores the strategic vision of the General Company for Iraqi Ports, aiming to position Iraq competitively in the regional and global trade landscape.
