Welcoming Iraq's move to attract investments worth $250 billion
Economical 11/13/2024
Baghdad: Al-Sabah
The head of the National Investment Commission, Haider Makkiya, confirmed the intention to attract investments amounting to $250 billion during the next two years.
Economic circles described that this matter is not impossible in light of the sincere will of international companies wishing to be present within the Iraqi economic arena.
Economic affairs specialist Amer Naji Saleh said:
Iraq is capable of attracting land investments to the country, pointing out that
this matter requires cooperation from all parties in order to provide the ideal work environment that grants real flow to the implementation of major projects without delay.
Money and technology
Saleh added that the government's approach carries with it a lot of benefit for the country, as
it brought with it the most important requirements of the investment process for Iraq, represented by capital and advanced technology, which reduces time and effort in a country that needs a large number of projects in all sectors without exception. He pointed out that
Executive capabilities
the Iraqi private sector now possesses executive capabilities that rise to world-class performance, and can be supportive of any government efforts aimed at developing the economy through the implementation of production or service projects.
Today, the Iraqi private sector has left clear evidence in more than one economic context that reflects its true capabilities.
Saleh explained that the most important characteristic of the projects that the government aims to launch is that they are ready projects with all approvals, and do not require reviews by any of the responsible authorities, and
this is the first experience in Iraq in this form in order to provide job opportunities that enter into implementation directly.
A quarter trillion
The head of the National Investment Authority, Haider Makkiya, revealed in a press statement that
Iraq is preparing to launch a wide range of projects with the aim of attracting investments worth up to a quarter of a trillion dollars over the next two years, in an unprecedented step in the country, and
includes a package of investment opportunities in the fields of
renewable energy, And
industrial and agricultural cities, and
railway networks, in addition to the
education,
communications,
tourism and
entertainment sectors, according to the head of the National Investment Authority, Haider Makiya. He warned that
the Authority has completed all the necessary requirements for 103 investment opportunities, in addition to large future projects, and
“it is possible that during the next two years there will be funds flowing in the amount of about 250 billion dollars to Iraq.”
https://alsabaah.iq/105829-.html
Economical 11/13/2024
Baghdad: Al-Sabah
The head of the National Investment Commission, Haider Makkiya, confirmed the intention to attract investments amounting to $250 billion during the next two years.
Economic circles described that this matter is not impossible in light of the sincere will of international companies wishing to be present within the Iraqi economic arena.
Economic affairs specialist Amer Naji Saleh said:
Iraq is capable of attracting land investments to the country, pointing out that
this matter requires cooperation from all parties in order to provide the ideal work environment that grants real flow to the implementation of major projects without delay.
Money and technology
Saleh added that the government's approach carries with it a lot of benefit for the country, as
it brought with it the most important requirements of the investment process for Iraq, represented by capital and advanced technology, which reduces time and effort in a country that needs a large number of projects in all sectors without exception. He pointed out that
Executive capabilities
the Iraqi private sector now possesses executive capabilities that rise to world-class performance, and can be supportive of any government efforts aimed at developing the economy through the implementation of production or service projects.
Today, the Iraqi private sector has left clear evidence in more than one economic context that reflects its true capabilities.
Saleh explained that the most important characteristic of the projects that the government aims to launch is that they are ready projects with all approvals, and do not require reviews by any of the responsible authorities, and
this is the first experience in Iraq in this form in order to provide job opportunities that enter into implementation directly.
A quarter trillion
The head of the National Investment Authority, Haider Makkiya, revealed in a press statement that
Iraq is preparing to launch a wide range of projects with the aim of attracting investments worth up to a quarter of a trillion dollars over the next two years, in an unprecedented step in the country, and
includes a package of investment opportunities in the fields of
renewable energy, And
industrial and agricultural cities, and
railway networks, in addition to the
education,
communications,
tourism and
entertainment sectors, according to the head of the National Investment Authority, Haider Makiya. He warned that
the Authority has completed all the necessary requirements for 103 investment opportunities, in addition to large future projects, and
“it is possible that during the next two years there will be funds flowing in the amount of about 250 billion dollars to Iraq.”
https://alsabaah.iq/105829-.html