Al-Abbadi Advisor: Kuwait conference a solid start to attract global investment

The Prime Minister's Advisor for Economic Affairs Mohammed Saleh's appearance of the recent investment donors conference in Kuwait a solid start to attract global investment to Iraq after the historic victory of terrorism.

"The Kuwait conference is a positive sign of openness to the world, keeping abreast of global reconstruction and investment, and turning Iraq into a fertile investment environment," Saleh said in an interview with local media.

Saleh said during his speech that the Kuwait conference with its outputs and details will eliminate the bureaucratic obstacles hindering investment in the country and the adoption of international investment laws that cut the way for all attempts of corruption and extortion, as well as the role of the government in securing the investment environments of global investment companies.
Saleh ruled out the impact of future governments' change on the investment plans adopted by the countries and companies investing in the country, subject to strict rules and legal mechanisms guaranteeing all parties their rights.

The conference of investment donors in Kuwait concluded last Wednesday with the participation of 70 countries and 1838 investment companies and the conference came out with several recommendations and outputs, most notably Iraq gave 30 billion dollars for reconstruction and construction in areas affected by terrorist operations and events.

Article Credit
(Special thanks to Tim Tarkington)