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Iraq announces increase in investment volume to $69 billion in a year and a half
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Economy News - Baghdad
The head of the National Investment Commission, Haider Makiya, announced today, Friday, an increase in the volume of investments achieved within a year and a half, while indicating that the amount reached 69 billion dollars, and explained the details of the largest environmentally friendly city in Baghdad
.
Makkia told the official agency, which was followed by "Al-Eqtisad News", that "the volume of investments achieved by the authority since the beginning of 2023 until mid-2024 amounted to 69 billion dollars," noting that "this number is the largest achieved by the authority since its establishment until the beginning of 2023, which did not exceed 25 billion dollars, achieving an increase that represented three times this amount."
He added that "the authority is working continuously and seriously to consolidate the idea of (productive investment), which represents a purposeful message to be achieved in various economic sectors, instead of merely setting a specific vision and seeking to provide the necessary implementation tools for it, which gives the authority greater flexibility in controlling the type of investments, the extent of their need and their feasibility," noting that "there are a number of successful investment models that the authority is currently working on, including the (Sustainable Baghdad Forests) project, which is being implemented on an area estimated at 700 dunums, and qualifies it to be one of the largest environmentally friendly cities and the largest residential cities in Baghdad, with an investment volume of up to one and a half billion dollars."
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Added 09/06/2024 - 4:35 PM
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Economy News - Baghdad
The head of the National Investment Commission, Haider Makiya, announced today, Friday, an increase in the volume of investments achieved within a year and a half, while indicating that the amount reached 69 billion dollars, and explained the details of the largest environmentally friendly city in Baghdad
.
Makkia told the official agency, which was followed by "Al-Eqtisad News", that "the volume of investments achieved by the authority since the beginning of 2023 until mid-2024 amounted to 69 billion dollars," noting that "this number is the largest achieved by the authority since its establishment until the beginning of 2023, which did not exceed 25 billion dollars, achieving an increase that represented three times this amount."
He added that "the authority is working continuously and seriously to consolidate the idea of (productive investment), which represents a purposeful message to be achieved in various economic sectors, instead of merely setting a specific vision and seeking to provide the necessary implementation tools for it, which gives the authority greater flexibility in controlling the type of investments, the extent of their need and their feasibility," noting that "there are a number of successful investment models that the authority is currently working on, including the (Sustainable Baghdad Forests) project, which is being implemented on an area estimated at 700 dunums, and qualifies it to be one of the largest environmentally friendly cities and the largest residential cities in Baghdad, with an investment volume of up to one and a half billion dollars."
174 views
Added 09/06/2024 - 4:35 PM
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