Iraq drew over $100 billion foreign investment in two years: PM
ERBIL, Kurdistan Region - Iraqi Prime Minister Mohammed Shia’ al-Sudani said Wednesday the country has attracted over $100 billion in foreign investments in two years, praising its “safe and attractive” climate and calling for further investment.
“Iraq is now attracting substantial Arab and foreign investments across various sectors, exceeding $100 billion in the two years of the government’s tenure,” Sudani said in a meeting of companies competing for the Baghdad International Airport development project.
Since taking office, Sudani has led numerous trips abroad to secure investment in Iraq, with foreign missions increasingly calling for more investment in the country as it recovers from years of conflict and instability.
The prime minister has also prioritized attracting investors through economic reforms, anti-corruption measures, and large-scale infrastructure and energy projects.
“We welcome all Arab and foreign companies to Iraq, and send a clear message that it is a safe and attractive investment environment,” Sudani said, asserting that Baghdad will support foreign companies seeking to do business in the country.
Iraq and the Kurdistan Region are also actively working to diversify their economy by bolstering the lackluster private sector.
“Iraq is now attracting substantial Arab and foreign investments across various sectors, exceeding $100 billion in the two years of the government’s tenure,” Sudani said in a meeting of companies competing for the Baghdad International Airport development project.
Since taking office, Sudani has led numerous trips abroad to secure investment in Iraq, with foreign missions increasingly calling for more investment in the country as it recovers from years of conflict and instability.
The prime minister has also prioritized attracting investors through economic reforms, anti-corruption measures, and large-scale infrastructure and energy projects.
“We welcome all Arab and foreign companies to Iraq, and send a clear message that it is a safe and attractive investment environment,” Sudani said, asserting that Baghdad will support foreign companies seeking to do business in the country.
Iraq and the Kurdistan Region are also actively working to diversify their economy by bolstering the lackluster private sector.