Ministry of Planning: Iraq’s environment is an attractive economic environment for investment


The Minister of Planning, Salman Jumaili, that Iraq is one of the economic environments attractive for investment, pointing out that the dumping of the Iraqi market imported materials led to a decline in domestic production of goods.
The Minister of Planning Salman Jumaili said that “Iraq is one of the economic environments attractive to investment because of the attractive factors, in the light of natural conditions,” noting that “the investment environment can absorb large investment vessels (external and internal) because of damage to infrastructure, In addition to the disruption and cessation of many productive activities. ”
He added that despite these advantages and opportunities that Iraq has, there are obstacles standing in front of these opportunities, and the most important security conditions that go through all the details, as well as legislation and laws that should provide an appropriate legal environment for investors.
He pointed out that the dumping of imported goods by the Iraqi market led to a decline in domestic production of goods due to the inability of local products to compete with those imported. Consequently, the production wheel stopped for most local industries, factories and factories, especially in the private sector. Workers due to the interruption of these plants.


https://en.economiciraq.com/2017/07/1...or-investment/