Post by The Logistic News

✈️ Iraq Scraps $764M Baghdad Airport Upgrade In a major blow to its aviation modernization plans, the Iraqi government has abruptly canceled a $764 million mega-project to expand and upgrade Baghdad International Airport. Prime Minister Ali al-Zaidi ordered the immediate termination of the contract—which had been awarded to a consortium of Luxembourg-based Corporacion América Airports (CAAP) and Iraqi firm Amwaj International—following intense scrutiny and allegations of severe corruption surrounding the initial tendering process and contract terms. The cancellation marks a major escalation in the state's aggressive anti-graft campaign targeting infrastructure deals signed by the previous administration. 📖 Read the full infrastructure report: 🔗 https://lnkd.in/eRVr97px The Baghdad Airport Corruption Analysis details the specific political pushback and financial irregularities that led the Iraqi government to freeze the multi-million dollar aviation contract.