[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-112292-en":3,"doc-seo-112292-105":28,"detail-sidebar-cat-0-en-105":88},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"doc_content":15,"file_id":16,"file_url":17,"file_type":18,"file_size":19,"view_count":4,"is_deleted":4,"is_public":20,"is_downloadable":20,"audit_status":20,"page_count":20,"language":21,"language_code":22,"site_id":23,"html_lang":22,"table_of_contents":24,"faqs":25,"seo_title":13,"seo_description":14,"update_tm":26,"read_time":27},112292,3848291630094,"Emma Wilson","https://eur-avatar.wpscdn.com/davatar_085a072bc5b1113ac321206ff7593b45",8,"Research & Report","Iraq Transport Economic Corridors (ITREC) Project - Chair Summary - June 4, 2026","Chair Summary for the Iraq Transport Economic Corridors (ITREC) Project records the Executive Directors’ approval of a $900 million loan to the Republic of Iraq. The discussion highlights the project’s ambition and strategic potential to support the transition from reconstruction to development, improve regional connectivity through the Iraq Development Road initiative, and the need for critical road-sector reforms. Directors emphasize private sector participation, risk assessment including security, and close engagement with the GOI for strong risk management across environmental and social, procurement, and results delivery.","Public Disclosure Authorized Public Disclosure Authorized  \nRepublic of Iraq  \nIraq Transport Economic Corridors (ITREC) Project  \nChair Summary*  \nJune 4, 2026  \nThe Executive Directors approved a loan in the amount of $900 million to the Republic of Iraq for the Iraq Transport Economic Corridors (ITREC) Project on the terms and conditions set out in the President’s Memorandum. Ms. Moghtader wished to be recorded as abstaining.  \nDirectors discussed Iraq’s FCV context and noted the project’s ambition and its strategic potential to support the country’s shift from reconstruction to development, as well as to act as a catalytic regional initiative to increase regional connectivity through the Iraq Development Road initiative. They appreciated the World Bank Group approach taken in project design and stressed the importance of implementing critical reforms in Iraq's road sector.  \nDirectors commended the WBG role in facilitating dialogue and collaboration to revitalize the country's transport economic corridors as part of the broader Iraq Development Road initiative and underscored the key role of partnerships, especially regional ones.  \nDirectors emphasized the importance of private sector involvement and financing in the transport sector, and welcomed the project’s potential to contribute to the creation of jobs and mobilization of private capital.  \nDirectors recognized the challenges arising from, ongoing conflict in the region, oil price and revenue volatility, and the broader macroeconomic environment. They welcomed the project’s risk assessment, including security risks, and called for close engagement with the GOI to ensure effective risk management -particularly on environmental and social and procurement aspects, strong results delivery, and sustained commitment to the project implementation.  \n*This Summary is not an approved record.","cbCaivi7hgeL5XsR","https://ap.wps.com/l/cbCaivi7hgeL5XsR","pdf",89891,1,"English","en",105,"# Executive Directors Approval\n## FCV Context and Strategic Rationale\n## Partnerships and Collaboration\n## Private Sector Participation\n## Key Challenges and Risk Management","[{\"question\":\"What was approved for the ITREC project and on what terms?\",\"answer\":\"The Executive Directors approved a $900 million loan to the Republic of Iraq for the ITREC Project under the terms and conditions set out in the President’s Memorandum.\"},{\"question\":\"How does the project aim to support Iraq’s broader development goals?\",\"answer\":\"The project is positioned to help shift Iraq from reconstruction to development, and to act as a catalytic regional initiative by increasing connectivity through the Iraq Development Road initiative.\"},{\"question\":\"What risks and implementation focus areas did Directors highlight?\",\"answer\":\"Directors highlighted challenges from ongoing regional conflict, oil price and revenue volatility, and the macroeconomic environment, and welcomed risk assessment including security risks. They called for close GOI engagement to ensure effective risk management, particularly on environmental and social and procurement aspects, strong results delivery, and sustained implementation commitment.\"}]",1784494168,3,{"code":4,"msg":29,"data":30},"ok",{"site_id":23,"language":22,"slug":31,"title":13,"keywords":32,"description":14,"schema_data":33,"social_meta":83,"head_meta":85,"extra_data":87,"updated_unix":26},"iraq-transport-economic-corridors-itrec-project-chair-summary-june-4-2026","",{"@graph":34,"@context":82},[35,51,65],{"@type":36,"itemListElement":37},"BreadcrumbList",[38,42,46,48],{"item":39,"name":40,"@type":41,"position":20},"https://docshare.wps.com","Home","ListItem",{"item":43,"name":44,"@type":41,"position":45},"https://docshare.wps.com/document/","Document",2,{"item":47,"name":12,"@type":41,"position":27},"https://docshare.wps.com/document/research-report/",{"item":49,"name":13,"@type":41,"position":50},"https://docshare.wps.com/document/iraq-transport-economic-corridors-itrec-project-chair-summary-june-4-2026/112292/",4,{"url":49,"name":13,"@type":52,"author":53,"headline":13,"publisher":55,"fileFormat":58,"inLanguage":22,"description":14,"dateModified":59,"datePublished":59,"encodingFormat":58,"isAccessibleForFree":60,"interactionStatistic":61},"DigitalDocument",{"name":9,"@type":54},"Person",{"url":39,"name":56,"@type":57},"DocShare","Organization","application/pdf","2026-07-19",true,{"@type":62,"interactionType":63,"userInteractionCount":4},"InteractionCounter",{"@type":64},"ViewAction",{"@type":66,"mainEntity":67},"FAQPage",[68,74,78],{"name":69,"@type":70,"acceptedAnswer":71},"What was approved for the ITREC project and on what terms?","Question",{"text":72,"@type":73},"The Executive Directors approved a $900 million loan to the Republic of Iraq for the ITREC Project under the terms and conditions set out in the President’s Memorandum.","Answer",{"name":75,"@type":70,"acceptedAnswer":76},"How does the project aim to support Iraq’s broader development goals?",{"text":77,"@type":73},"The project is positioned to help shift Iraq from reconstruction to development, and to act as a catalytic regional initiative by increasing connectivity through the Iraq Development Road initiative.",{"name":79,"@type":70,"acceptedAnswer":80},"What risks and implementation focus areas did Directors highlight?",{"text":81,"@type":73},"Directors highlighted challenges from ongoing regional conflict, oil price and revenue volatility, and the macroeconomic environment, and welcomed risk assessment including security risks. They called for close GOI engagement to ensure effective risk management, particularly on environmental and social and procurement aspects, strong results delivery, and sustained implementation commitment.","https://schema.org",{"og:url":49,"og:type":84,"og:title":13,"og:site_name":56,"og:description":14},"article",{"robots":86,"canonical":49},"index,follow",{"doc_id":7,"site_id":23},{"code":4,"msg":5,"data":89},[90,94,98,102,107,112,117,120,125,128,132],{"id":20,"doc_module":4,"doc_module_name":44,"category_name":91,"show_sort_weight":92,"slug":93},"Story & Novel",90,"story-novel",{"id":45,"doc_module":4,"doc_module_name":44,"category_name":95,"show_sort_weight":96,"slug":97},"Literature",80,"literature",{"id":50,"doc_module":4,"doc_module_name":44,"category_name":99,"show_sort_weight":100,"slug":101},"Exam",70,"exam",{"id":103,"doc_module":4,"doc_module_name":44,"category_name":104,"show_sort_weight":105,"slug":106},5,"Comic",60,"comic",{"id":108,"doc_module":4,"doc_module_name":44,"category_name":109,"show_sort_weight":110,"slug":111},6,"Technology",50,"technology",{"id":113,"doc_module":4,"doc_module_name":44,"category_name":114,"show_sort_weight":115,"slug":116},7,"Healthcare",40,"healthcare",{"id":11,"doc_module":4,"doc_module_name":44,"category_name":12,"show_sort_weight":118,"slug":119},30,"research-report",{"id":121,"doc_module":4,"doc_module_name":44,"category_name":122,"show_sort_weight":123,"slug":124},9,"Religion & Spirituality",20,"religion-spirituality",{"id":123,"doc_module":4,"doc_module_name":44,"category_name":126,"show_sort_weight":123,"slug":127},"World Cup","world-cup",{"id":129,"doc_module":4,"doc_module_name":44,"category_name":130,"show_sort_weight":129,"slug":131},10,"Lifestyle","lifestyle",{"id":133,"doc_module":4,"doc_module_name":44,"category_name":134,"show_sort_weight":103,"slug":135},19,"General","general"]