The Member of the Board of Directors of Imam Ali Holy Shrine and the supervisor of Faydh Al-Qassim Investment Company, Ali Sadiq,
"Iraqi ports are Iraq's gateways to the world and a major outlet for the entry for most goods, because the maritime transport is the cheapest in comparison with air and land transport. The investment in this aspect has high economic feasibility and in order to maximize the imports of Faydh Al-Qassim through the implementation of projects of a high-yielding investment nature."
He added: "Faydh al-Qassim Investment Company, which is one of the formations of Imam Ali Holy Shrine and in cooperation with Etihad al- Badia Investment Company, had started to invest the container handling yard in the northern port of Umm Qasr."
"This project is used in the storage of containers of goods and vehicles imported by the government and private sector, as well as empty containers to be exported by the shipping companies, which is expected to complete the implementation of the project during the next few months." He continued.