{"id":1571,"date":"2024-04-23T13:09:17","date_gmt":"2024-04-23T13:09:17","guid":{"rendered":"https:\/\/gccbusinessgate.com\/?p=1571"},"modified":"2024-04-23T13:09:17","modified_gmt":"2024-04-23T13:09:17","slug":"uae-iraq-qatar-turkiye-sign-mou-for-development-road-project","status":"publish","type":"post","link":"https:\/\/gcctendergate.com\/ar\/uae-iraq-qatar-turkiye-sign-mou-for-development-road-project\/","title":{"rendered":"UAE, Iraq, Qatar &#038; T\u00fcrkiye sign MoU for Development Road project"},"content":{"rendered":"<p><strong>The United Arab Emirates (UAE), Iraq, Qatar and T\u00fcrkiye, have signed a quadrilateral Memorandum of Understanding (MoU) for cooperation on the Development Road project.<\/strong><\/p>\n<p>Iraq\u2019s PM Muhammed S. Al-Sudani and President of T\u00fcrkiye Recep Tayyip Erdo\u011fan witnessed the signing ceremony.<\/p>\n<p>\u201cThis MoU focuses on collaboration for the strategic \u2018Development Road\u2019 project. The event was attended by members of the four signatory countries,\u201d according to Iraq PM.<\/p>\n<p>The MoU was signed by UAE Minister of Energy and Infrastructure, Suhail Mohamed Al Mazrouei, Iraq\u2019s Minister of Transport, Razzaq Muhibis, T\u00fcrkiye\u2019sAbdulkadir Uralo\u011flu, and Qatar\u2019s Minister of Transport, Jassim bin Saif Al Sulaiti.<\/p>\n<p>\u201cThe outlines for the framework of implementing the Development Road project aim to stimulate economic growth and enhance regional and international cooperation through economic integration. It seeks to create a sustainable economy bridging East and West, increase international trade, facilitate movement and commerce, establish a new competitive transport route, and bolster regional economic prosperity,\u201d added the PM Office statement.<\/p>\n<p>The project is to create a land route and railway extending from Iraq to Turkey and its ports. The road and the railway are 1200km long inside of Iraq for the transporting of goods between Europe and the Gulf countries.<\/p>\n<p>The project\u2019s investment budget stands at roughly $17 billion. The project is to be carried out in three phases, the first to be completed in 2028, the second in 2033, and the third in 2050.<\/p>","protected":false},"excerpt":{"rendered":"<p>The United Arab Emirates (UAE), Iraq, Qatar and T\u00fcrkiye, have signed a quadrilateral Memorandum of Understanding (MoU) for cooperation on the Development Road project. Iraq\u2019s PM Muhammed S. Al-Sudani and [&hellip;]<\/p>","protected":false},"author":1,"featured_media":1574,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_eb_attr":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[6],"tags":[],"class_list":["post-1571","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.1 (Yoast SEO v24.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>UAE, Iraq, Qatar &amp; T\u00fcrkiye sign MoU for Development Road project - GCC Tenders &amp; Business Gate | \u0645\u0646\u0635\u0629 \u0627\u0644\u062e\u0644\u064a\u062c \u0644\u0644\u0623\u0639\u0645\u0627\u0644 \u0648\u0627\u0644\u0645\u0646\u0627\u0642\u0635\u0627\u062a<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gcctendergate.com\/ar\/uae-iraq-qatar-turkiye-sign-mou-for-development-road-project\/\" \/>\n<meta property=\"og:locale\" content=\"ar_AR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"UAE, Iraq, Qatar &amp; T\u00fcrkiye sign MoU for Development Road project\" \/>\n<meta property=\"og:description\" content=\"The United Arab Emirates (UAE), Iraq, Qatar and T\u00fcrkiye, have signed a quadrilateral Memorandum of Understanding (MoU) for cooperation on the Development Road project. 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