Iraq plans to build $6 billion mega port in Basra
Iraq has issued a tender for the building of a breakwater to the south of Basra on the Persian Gulf, according to Reuters. It will be the first stage of construction of the giant $6 billion Grand Faw port scheme.
The closing date for the tender is 15th July, while interested companies are invited to attend a meeting on 28th May to discuss tender details.
According to the news agency, the breakwater is expected to cost around $340 million. When completed, Grand Faw will include 7,000 metres of dock to receive container ships. The dock for general cargo will be 3,500 metres.