Baghdad: The Prime Minister’s Office announced the launch of the third phase of the “Baghdad Pulse” initiative to rehabilitate Rashid Street.

According to National Iraqi News Agency, the initiative is a joint effort by the Prime Minister’s Office in collaboration with the Iraqi Private Banks Association, the Baghdad Municipality, and the Ministry of Culture. This phase focuses on reviving Rashid Street’s architectural heritage and enhancing its economic and cultural significance.

The statement from the Prime Minister’s Office highlighted that the initiative aims to restore the unique architectural character of Rashid Street, improve its infrastructure, and re-establish its role as a vibrant economic and cultural hub. This rehabilitation is expected to boost heritage tourism, particularly as Baghdad has been chosen as the capital of Arab tourism in 2025. The initiative also aims to attract investments and create an urban environment that reflects Baghdad’s historical identity.

The government’s vision emphasizes enhancing public and private sector partnerships to support strategic projects that improve Baghdad’s urban and economic landscape. Iraqi private banks have been pivotal in financing the rehabilitation and reconstruction efforts, showcasing effective private sector involvement in the initiative.

The ongoing implementation of the “Baghdad Pulse” initiative underscores a commitment to developing Baghdad’s infrastructure in line with international standards. This commitment aims to enhance Baghdad’s role as a thriving economic and cultural center, helping it reclaim its status as one of the most important historical capitals in the region.

The Prime Minister’s Office has called upon all relevant parties and civil society to actively contribute to the success of these efforts. It stressed the importance of providing the necessary resources to achieve the initiative’s goals, given its positive impact on the national economy and the tourism and heritage sectors.