Key facts
- Iraq's Prime Minister Ali al-Zaidi canceled the Baghdad International Airport development project.
- The project was valued at $764 million.
- The contract was awarded last year.
- Corporacion America Airports was part of the consortium awarded the contract.
- Amwaj International was part of the consortium awarded the contract.
- The cancellation was due to corruption suspicions.
- Irregularities were found in the tendering process.
- Concerns were raised about contract terms.
Prime Minister Ali al-Zaidi of Iraq has ordered the cancellation of the $764 million Baghdad International Airport development project. The decision stems from concerns over corruption and alleged irregularities within the project's procurement process. The contract for the airport's expansion was initially awarded last year to a consortium that included Corporacion America Airports and Amwaj International. Investigations into the tendering process and the specific terms of the contract revealed suspicions that prompted the Prime Minister's intervention. This move signals a commitment by the Iraqi government to combat corruption, particularly in large-scale infrastructure initiatives. The cancellation underscores the challenges faced in ensuring transparency and fairness in the awarding of significant public contracts.