ERBIL, Kurdistan Region - Iraq’s transport ministry said on Monday that the country’s ports generated more than one trillion Iraqi dinars (over $800 million) by October due to improved performance and efficiency across maritime facilities.
Farhan al-Fartousi, director general of the General Company for Iraqi Ports, said total revenues reached 1,063,291,000,000 dinars (over $800 million) this year, crediting the rise to upgraded operations across “various maritime and logistical sectors.”
Fartousi said the growth followed “a package of developmental measures,” including modernized maritime traffic systems, strengthened oversight and administrative collection, and tighter control over port operations. He added that the steps, supported by Transport Minister Razzaq Muhaibis al-Saadawi, aim to ensure “the highest levels of efficiency and quality.”
Transport Ministry spokesman Maysam al-Safi said in September that Iraq’s maritime transport revenues had reached nearly 240 billion dinars - a 37 percent increase over two years - including 216 billion dinars collected in 2023.
Fartousi said the higher revenue shows that operational systems are performing effectively across commercial and oil ports, with improvements in “maritime services, berth management, cargo handling and port fee collection.