The Development Road (Dry Canal) that will pass through Iraqi and Turkish territories. The Development Road will be 1,200 kilometers (745 miles) long consisting of railways, motorways and pipelines, starting from Basra’s Faw Port to Turkish Mersin Port. The railway route alone will be able to transport 3.5 million tons of goods in the first phase and 7.5 million tons in the second phase. Both leaders are keen to start the project and have it operational as soon as possible.
The Development Road, also called the "New Silk Road," is expected to cost $20 billion (TL 385 billion). When completed, the project will boost the Iraqi economy as it will be a new way of connecting the East to the West as an alternative to the Suez Channel. Türkiye will also strengthen its feature of being a transit hub by offering a new route between Asia and Europe. The road is also expected to connect Gulf countries, Jordan, and even Iran to Europe.
Kommentare