Karabeyoglu Enterprises received qualification for the "Great Development Road Project" that will cost up to $17 billion, generate $4 billion annually and create at least 100,000 jobs. Iraq is keen to join China’s Belt and Road Initiative – a global development strategy involving infrastructure development and investments in about 70 countries in Asia, Africa and Europe – through the Development Road and Al Faw port. As one of the constructors of the BaghdadBahn, it is a historical moment for our company which still operates under the same name - to contribute to the next level of railway connection between Iraq and Europe after 120 years!
A railway line linking Iraq to Berlin through Turkey was proposed in 1903 but opened only in 1940. Known as the BBB or the “Three Bs" — for Baghdad, Byzantium (now Istanbul) and Berlin — the line served travellers and was also used to transport commodities, mainly cereals and oil products.
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