Turkey is planning to transform Iraq’s Development Road project into a substantial multi-fuel energy corridor. The project, linking Iraq’s southern ports to Europe, is estimated to be worth $80 billion annually. This initiative, according to Turkish Energy officials, aims to establish a key energy transit route. The Development Road is a major infrastructure project intended to bolster Iraq's role as a regional trade hub. Further details regarding the project’s specifics and implementation timeline remain to be announced. The intent is to create a significant economic artery traversing Iraq and connecting it to European markets, strengthening energy ties between Turkey and Europe via Iraq.

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