Companies from Qatar and the UAE are set to compete for the Baghdad metro project.

According to Nassir Al-Assadi, a transport adviser to Prime Minister Mohammed Al-Sudani, companies from Qatar and the UAE have shown interest in participating in the bidding process for Iraq’s inaugural elevated metro system in Baghdad. Additionally, bidding for the $2.5 billion metro project and a proposed rail line connecting Najaf and Karbala in central Iraq was scheduled to commence on Monday.

Al-Assadi mentioned that both projects would be open for investment opportunities. He indicated that companies from various nations, including Qatar, the UAE, China, Italy, Spain, and Japan, are among those expressing interest. Once investors are chosen, a timeline for completing both projects can be established.

ArabMLS Founder

Ahmed Elbatrawy, who leads the Arab MLS platform, aims to simplify property transactions in the Middle East, paving the way for unprecedented global investment opportunities.

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