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[size=36]Makkia: Iraq is heading towards a major investment marathon[/size]
Local | 04:34 - 06/11/2024
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Mawazine News - Baghdad
Chairman of the National Investment Commission, Haider Makiya, confirmed today, Wednesday, that Iraq is heading towards a major investment marathon for many projects, while indicating that financing from international institutions reduces the burden on the Ministry of Finance by granting loans for investment projects.
Makiya said in a statement to the official agency, "We found many economic visions in the first version of the Iraq Economic Forum," noting that "the issue of the possibility of benefiting from financing from international institutions known to the Central Bank was raised in order to reduce the burden on the Ministry of Finance to grant loans and facilities for local investment projects or even foreign projects."
He continued, "It is necessary to search for external financing to finance investment projects, especially since Iraq is heading towards a major investment marathon for many investment projects inside Iraq."
Makiya stated that "the understandings with the International Financing Program are still in effect, and we hope for all major investment projects in the field of renewable energy and waste treatment to generate electricity," noting that "we hope to search for solid institutions to develop projects, especially since their amounts are very large."
Makiya said in a statement to the official agency, "We found many economic visions in the first version of the Iraq Economic Forum," noting that "the issue of the possibility of benefiting from financing from international institutions known to the Central Bank was raised in order to reduce the burden on the Ministry of Finance to grant loans and facilities for local investment projects or even foreign projects."
He continued, "It is necessary to search for external financing to finance investment projects, especially since Iraq is heading towards a major investment marathon for many investment projects inside Iraq."
Makiya stated that "the understandings with the International Financing Program are still in effect, and we hope for all major investment projects in the field of renewable energy and waste treatment to generate electricity," noting that "we hope to search for solid institutions to develop projects, especially since their amounts are very large."
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