NAWAH Port Management (NPM), a business unit of North America Western Asia Holdings, has entered into a formal agreement with Iraq’s Ministry of Transportation and the General Company for Ports of Iraq to quadruple the size of its terminal operations at the Port of Basra (also known as Al Maqal Port), Iraq’s historic port located in Basra’s city center on the Shatt Al Arab waterway.
By expanding its operations to a second terminal, NAWAH is building upon its commitment to modernize the Port of Basra, revitalizing the Shatt Al Arab as a major trade lane for industrial and commercial cargo alike.
“ Basra is one of the most dynamic, fastest growing cities in the Arabian Gulf,” said Ali Hazim, a leading business owner and major trader of Basra . “ Having state-of-the-art, customer focused shipping and logistics capabilities conveniently located in downtown Basra will be key to supporting our city’s continued growth. NAWAH has delivered upon and continues to fulfill its far-reaching commitment to our city .”
As part of this most recent 10-year agreement between NAWAH and the Iraq government, NPM will rehabilitate Berth #13’s 150-meter waterfront and its 40,000-square meter cargo laydown yard. Once construction culminates on the berth, it will join NPM’s Berth #14 operations as the only fully containerized terminals at the Port of Basra.
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Press Release, April 14, 2014