SULAIMANI –Kurdistan Regional Government (KRG) Minister of Housing and Construction Dana Abdulkarim said that the current cabinet of Prime Minister Masrour Barzani cannot implement the railroad network project in the Region for now due to its untold expense.
“The KRG cannot implement the railway project because this project needs a big budget. Its expense may be over billion dollars,” Abdulkarim said in a recorded televised program on Monday (March 8).
“The KRG cannot secure the fund to implement the project for the time being," the minister, who is a member of the Change Movement (Gorran), said.
On March 2, the minister signed a contract
with three foreign companies to design, assess and survey a project to draw a 915 kilometer-long (568.5 miles) rail network worth over one billion US dollar in the Kurdistan Region.
It was not clear at the time how the fund would be secured as the cash-strapped KRG is struggling to pay its public sector employees on time and in full for years due to low oil prices, coronavirus pandemic and disputes with the Iraqi Government.