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Parliamentary Finance: 30 countries are racing to invest in Iraq
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Economy News - Baghdad
Member of the Parliamentary Finance Committee, Representative Mudar Al-Karawi, confirmed on Sunday that there is a desire by 30 countries to create a strategic partnership with Baghdad in 6 vital sectors.
Al-Karawi said in an interview followed by Al-Iqtisad News, that "the security factor no longer worries these countries, especially after achieving high rates of stability in the past four years."
He added, "Half of this number of countries are European and Asian countries that want to invest in the fields of energy, trade, transportation, and building economic cities," pointing out that "the development path will serve as the beginning of the path toward building a diversified economy in the country."
He pointed out that "the volume of investments in Iraq has increased in the past two years at remarkable rates, especially local investment, which indicates the presence of confidence and reassurance that has prompted businessmen to compete for investment licenses in various sectors."
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Added 02/18/2024 - 10:37 AM
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Economy News - Baghdad
Member of the Parliamentary Finance Committee, Representative Mudar Al-Karawi, confirmed on Sunday that there is a desire by 30 countries to create a strategic partnership with Baghdad in 6 vital sectors.
Al-Karawi said in an interview followed by Al-Iqtisad News, that "the security factor no longer worries these countries, especially after achieving high rates of stability in the past four years."
He added, "Half of this number of countries are European and Asian countries that want to invest in the fields of energy, trade, transportation, and building economic cities," pointing out that "the development path will serve as the beginning of the path toward building a diversified economy in the country."
He pointed out that "the volume of investments in Iraq has increased in the past two years at remarkable rates, especially local investment, which indicates the presence of confidence and reassurance that has prompted businessmen to compete for investment licenses in various sectors."
Views 78
Added 02/18/2024 - 10:37 AM
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