$100 billion is the value of investments in Iraq.
The National Investment Commission confirmed that Iraq is currently witnessing an unprecedented phase of investment activity, as the volume of Arab and foreign investments attracted has exceeded the barrier of (100) billion dollars during the past two years.
Hanan Jassim, spokesperson for the authority, told Al-Sabah that these figures reflect the government’s seriousness in creating a solid investment environment capable of attracting global capital and companies. She noted that investments were distributed across multiple sectors, including housing, manufacturing, electricity and oil, in addition to agriculture, services, and infrastructure.
She added that these projects have begun to achieve clear positive impacts by providing widespread job opportunities, transferring global technology and expertise, increasing non-oil revenues, and improving basic services in a number of governorates.
Jassim explained that government reforms, particularly in the area of removing obstacles facing the private sector, simplifying procedures, and adapting laws to align with economic development plans, have strengthened investor confidence and made Iraq today a promising and attractive environment at the regional level. She emphasized that the Commission continues to work with partners from various countries and international companies to ensure the implementation of strategic projects in accordance with the highest standards, contributing to building a diversified and strong economy that serves all segments of Iraqi society.
Alsabaah.iq