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2010 September 28   13:10

State Company for Iraqi Ports signs deal to establish container terminal

The State Company for Iraqi PortsState Company for Iraqi PortsLoading... signed a deal with a global company to establish a containers terminals at Umm Qasr port, the public relations and media director at the Iraqi company said on Monday.

"An official ceremony was held today (Sept. 27) to sign a deal with a global company to establish and operate a containers terminal at Umm al-Qasr port in Basra," Anmar al-Safi told Aswat al-Iraq news agency.

"The 340,000-meter terminal will be able to deal with one million containers," he added, noting that the project will be implemented in three stages within 15 months.

The Shiite province of Basra, 590 km south of the Iraqi capital Baghdad, has five commercial ports and two oil ports: al-Maaqal, established in 1916 by the British forces and handed over to Iraqi authorities in 1937; and Faw, a small port on the al-Faw Peninsula near the Shatt al-Arab and the Persian Gulf.

In the early 1970s, Umm al-Qasr port was built, and in 1974, Khour al-Zubeir and Abu Falous ports were established on the Shatt al-Arab.

Basra is the cradle of the first civilization of Sumer. It has the seven main Iraqi ports. The first built in the area surrounding Basra has substantial petroleum resources and many oil wells. The city's oil refinery has a production capacity of about 140,000 barrels per day (bpd).

Basra is in a fertile agricultural region, with major products including rice, maize corn, barley, pearl millet, wheat and dates as well as livestock.

A network of canals flow through the city, giving it the nickname "The Venice of the Middle East" at least at high tide.

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