Iraq Plans to Invest to High Speed Railway Projects

Iraq Plans to Invest to High Speed Railway Projects
August 24, 2011 5:10 pm

The Iraqi Government is planning to invest $10bn to build a high-speed railway line connecting Baghdad to the southern provinces of the country.

Iraq signed an initial agreement with Alstom in May this year to build an overground urban metro line linking Baghdad to Basra at a cost of $1.5bn.
The 280-mile track will allow trains to run at 155mph and is expected to be completed in 2014.
In addition to an overground metro, Iraq is also looking to construct an underground rail transport system.
Plans for the underground rail were unveiled in the 1980s and revived three years ago.
According to Reuters, Baghdad Mayor Saber al-Issawi said that the city has allocated part of the funds in its 2012 budget for the project, which will cost about $3bn to $4bn. is a railway information and news platform. Website presents from all around the world railway sector news, developments, projects and tender for the sector specialists. Railwaynews supports to industry events and announced them for potential participants. Railwaynews plans to collecting data from all around the world, about railway infrastructure, rolling stock, railway transportation datum, geographical datum to present for railway professionals for short term. Railwaynews will build new platforms aims to high value railway business environment for all railway specialists, railway fans and especially railway suppliers and their decision makers. Railwaynews presents whole information from rail professionals to rail professionals.

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