Iraq's natural resources make it the most attractive countries in the world to invest

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Economists predicted that Iraq occupies a leading position internationally in terms of owning investment opportunities with the escalation of the higher growth rates in the economy, which began a gradual transformation to a market economy.

Economic expert, Dr. Majid Mohamed Hassan said in a statement (morning): "Iraq will be one of the first countries that attract the investment in the world in the field of natural resources, an anchor on several factors, including out of Chapter VII, and access to international relations real equal, as well as using all kinds of technology, are all contributing factors to the development process and attracting investment in the country. "said Hassan said that the natural resources in the country is very large, as oil accounts for a third reserves in the region, as well as gas reserves, oil and seed ranked 12 in the world. noted that a report published newspaper "The Wall Street Journal," the U.S. noted that Iraq class ranked ninth among the most امتلاكا of natural resources in the world. The report indicated that those resources of about 15.9 trillion worth of oil, gas and phosphate, as it has been calculating the value of natural resources based on the goods of natural resources the ten most valuable, namely oil and gas, coal, forestry and timber, gold, silver, copper, uranium, iron ore and phosphate.

I think the expert problem Atkmen to invest these resources is, they are not external, but mainly are internal dependent on how to manage the money that result from these natural resources, calling for building a state of institutions and alleviate political tensions and ensure the elimination of financial and administrative corruption and bureaucracy, as well as providing the necessary infrastructure, including electrical power, especially it affect Iraq's relationship with foreign countries invested,

Hassan said that according to the National Strategic Plan for energy, it confirms that there are efforts being made in a very large in order to improve these resources to get the biggest financial returns from them.

In turn, said a spokesman for the Ministry of Planning عبدالزهرة Hindawi in a press statement: "Iraq is seeking to increase exports to the wealth of the nature of the oil and natural gas towards urged the pace for the development of sectors of national development," noting that the five-year plan 2013-2017 will take it upon themselves to develop some vital sectors to be suitable substitute for oil in the coming years.

The natural resource experts stressed that the Iraqi environment rich environments teeming with riches, but the bet remains on how to invest this wealth look Off fortunes in some cases., But the environmental expert Hadi Nasser said: "The global report omitted a lot of other resources in the Iraq-like substance red mercury in southern Iraq, which is considered a rare and unique at the same time.



"It is said that Russia was ranked first in the evaluation of the newspaper American natural resources worth an estimated 75.7 trillion dollars thanks to its multi-especially oil and gas, forestry, while replaced the United States in the second place with 45.55 trillion.


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