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Sunday, February 16th, 2014 17:37
Japanese facilitator loan worth 380 million dollars to develop the port of Khor Al-Zubair
BAGHDAD / Baghdadi News / .. Japan granted Iraq a loan of 380 million dollars to develop the port of Khor Al-Zubair and rehabilitated to accommodate the increasing transportation needs.
The finance minister said the agency purity of net debt at a press conference, Sunday, at the headquarters of the ministry attended / Baghdadi News / on the sidelines of the signing of the contract with the Japanese ambassador to Baghdad, said that "Japan gave Iraq a loan is twenty $ 380 million for the Ministry of Transportation for the development of the port of Khor Zubair, "noting that" Japan promised during the Madrid conference of donor countries and help Iraq was held in 2003 to grant Iraq a loan of three billion and 500 million dollars to develop its infrastructure in the field of oil and export, transport, communications and water, in addition to the grant of 1.5 billion dollars. "
He added that "loans granted by Japan is one of the soft loans too, which amounts to interest them less than one percent for a period of 40 years", stressing that "the loan is not important in itself as far as what would be its importance in companies discreet to be carried out this project, which has considerable experience, which This grant will help the experience for the Iraqis. "
For his part, Japanese Ambassador to Baghdad Kazuya Nascida that "Japan has signed the second phase of the reconstruction of the port sector," pointing out that "the loan represents a tangible continuity in the partnership between Japan and Iraq in strategic areas."
He Nascida that "the project will aim to recover the port of Khor Al-Zubair through rehabilitation works as diverse as the dredging and removal of Goariq vessels and improve the facilities of the Port," and expressed the hope "accommodate the needs of the transport growing of the people and business sector of Iraq." Finished / 21 m
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Japanese facilitator loan worth 380 million dollars to develop the port of Khor Al-Zubair
BAGHDAD / Baghdadi News / .. Japan granted Iraq a loan of 380 million dollars to develop the port of Khor Al-Zubair and rehabilitated to accommodate the increasing transportation needs.
The finance minister said the agency purity of net debt at a press conference, Sunday, at the headquarters of the ministry attended / Baghdadi News / on the sidelines of the signing of the contract with the Japanese ambassador to Baghdad, said that "Japan gave Iraq a loan is twenty $ 380 million for the Ministry of Transportation for the development of the port of Khor Zubair, "noting that" Japan promised during the Madrid conference of donor countries and help Iraq was held in 2003 to grant Iraq a loan of three billion and 500 million dollars to develop its infrastructure in the field of oil and export, transport, communications and water, in addition to the grant of 1.5 billion dollars. "
He added that "loans granted by Japan is one of the soft loans too, which amounts to interest them less than one percent for a period of 40 years", stressing that "the loan is not important in itself as far as what would be its importance in companies discreet to be carried out this project, which has considerable experience, which This grant will help the experience for the Iraqis. "
For his part, Japanese Ambassador to Baghdad Kazuya Nascida that "Japan has signed the second phase of the reconstruction of the port sector," pointing out that "the loan represents a tangible continuity in the partnership between Japan and Iraq in strategic areas."
He Nascida that "the project will aim to recover the port of Khor Al-Zubair through rehabilitation works as diverse as the dredging and removal of Goariq vessels and improve the facilities of the Port," and expressed the hope "accommodate the needs of the transport growing of the people and business sector of Iraq." Finished / 21 m
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