Iraq government budgets US$5.8bn to build roads over next 4 years

The Iraqi government said it will spend US$5.8billion to build roads between 2012 and 2016, according to Mohammad Al Daraji, the minister of construction and housing. The government is planning to build 7,000km of new roads by 2016.
June 1, 2012 Read time: 1 min
Substantial investment is being planned for Iraq’s road network in a move intended to boost transportation and help revitalise the country’s economy.

The Iraqi government said it will spend US$5.8billion to build roads between 2012 and 2016, according to Mohammad Al Daraji, the minister of construction and housing.

The government is planning to build 7,000km of new roads by 2016.

Related Content

  • China’s Inner Mongolia region plans US$10.42bn road constructions in 2014
    June 12, 2014
    China's Inner Mongolia region plans to invest US$10.42 billion (CNY 65 billion) in road construction in 2014. The road projects will span over a combined 15,000km, with highways accounting for 1,990km of that. The seven cities in the west of the region plan to complete a road investment of $6.7 billion (CNY 41 billion), covering a total length of 7,000km. Meanwhile, the earmarked two-year construction of the Beijing section of the Beijing-Taipei Expressway is expected to start within 2014. The 120km/h limi
    Read More
  • Russian road-building industry on verge of massive cuts
    June 10, 2015
    Russia’s road building programme looks set to be cut due to economic issues - Eugene Gerden writes The Russian Government is considering a significant cut to the existing road building programme for the current year. This is due to a current economic crisis in the country, caused by Western sanctions as well as a collapse in the price of oil and gas.
    Read More
  • Brazilian road building analysis
    April 15, 2015
    The Brazilian Government now intends to evaluate plans for additional private investment in transport infrastructure. The country’s Ministry of Planning will start analysing work that was not covered under initial contracts for private investment in current road, railway and port projects. The plans represent substantial sums with an estimated total investment of US$9.76 billion in all. Under the current model, companies look for official permission to carry out work in order to improve their concessions. G
    Read More
  • India’s transport infrastructure plans
    January 9, 2024
    India has massive plans for transport infrastructure.
    Read More

Highlighted Content