Global report: Huge investment opportunities in Iraq despite corruption and bureaucracy
Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
Page 1 of 1
Global report: Huge investment opportunities in Iraq despite corruption and bureaucracy
Global report: Huge investment opportunities in Iraq despite corruption and bureaucracy
6/23/2021 6:14:22 PM

Baghdad/The Obelisk: The International Investment Monitor newspaper, concerned with investment affairs, reported, Wednesday, June 23, 2021, that Iraq has enormous opportunities for investors who bear risks.
The continuation of Covid-19 contributed to the destruction of Iraq's economy, in addition to the war against terrorist organizations, but it is still struggling.
The World Bank estimates the reconstruction needs at $88 billion.
Attracting foreign direct investment is a key factor in the reconstruction of the country, especially in light of the lack of domestic financing. However, the investment climate in Iraq is attractive only to investors who have the highest degree of risk tolerance.
The World Bank took the lead in rebuilding the country, with $355 million allocated for the Iraq Transport Corridors Project.
Iraq is also looking to start work on an elevated metro system for Baghdad in the second quarter of 2022 in addition to a contract to rebuild Mosul Airport.
In 2020, the Iraqi electricity sector agreed to contacts with General Electric and Siemens to modernize power plants and the transmission network in Iraq.
John Menzies, the London-listed airport services company, won in 2020, a very positive sign for foreign investors.
Corruption, institutional weakness, persistent security concerns, and onerous bureaucracy appear to be just some of the major impediments to investment in Iraq, a war-torn country whose peace remains fragile with two million people still displaced from the ISIS conflict.
However, investors who have an appetite for the markets will discover the opportunity to participate in the renaissance of Iraq.
The agri-food sector in Iraq is one of the few sectors of the economy, and represents a fertile place for investment in the non-oil scene in Iraq.
Follow the obelisk - agencies
https://almasalah.com/ar/news/211205/%D8%AA%D9%82%D8%B1%D9%8A%D8%B1-%D8%B9%D8%A7%D9%84%D9%85%D9%8A-%D9%81%D8%B1%D8%B5-%D9%87%D8%A7%D8%A6%D9%84%D8%A9-%D9%84%D9%84%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1-%D9%81%D9%8A-%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82-%D8%B1%D8%BA%D9%85-%D8%A7%D9%84%D9%81%D8%B3%D8%A7%D8%AF-%D9%88%D8%A7%D9%84%D8%A8%D9%8A%D8%B1%D9%88%D9%82%D8%B1%D8%A7%D8%B7%D9%8A%D8%A9
The continuation of Covid-19 contributed to the destruction of Iraq's economy, in addition to the war against terrorist organizations, but it is still struggling.
The World Bank estimates the reconstruction needs at $88 billion.
Attracting foreign direct investment is a key factor in the reconstruction of the country, especially in light of the lack of domestic financing. However, the investment climate in Iraq is attractive only to investors who have the highest degree of risk tolerance.
The World Bank took the lead in rebuilding the country, with $355 million allocated for the Iraq Transport Corridors Project.
Iraq is also looking to start work on an elevated metro system for Baghdad in the second quarter of 2022 in addition to a contract to rebuild Mosul Airport.
In 2020, the Iraqi electricity sector agreed to contacts with General Electric and Siemens to modernize power plants and the transmission network in Iraq.
John Menzies, the London-listed airport services company, won in 2020, a very positive sign for foreign investors.
Corruption, institutional weakness, persistent security concerns, and onerous bureaucracy appear to be just some of the major impediments to investment in Iraq, a war-torn country whose peace remains fragile with two million people still displaced from the ISIS conflict.
However, investors who have an appetite for the markets will discover the opportunity to participate in the renaissance of Iraq.
The agri-food sector in Iraq is one of the few sectors of the economy, and represents a fertile place for investment in the non-oil scene in Iraq.
Follow the obelisk - agencies
https://almasalah.com/ar/news/211205/%D8%AA%D9%82%D8%B1%D9%8A%D8%B1-%D8%B9%D8%A7%D9%84%D9%85%D9%8A-%D9%81%D8%B1%D8%B5-%D9%87%D8%A7%D8%A6%D9%84%D8%A9-%D9%84%D9%84%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1-%D9%81%D9%8A-%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82-%D8%B1%D8%BA%D9%85-%D8%A7%D9%84%D9%81%D8%B3%D8%A7%D8%AF-%D9%88%D8%A7%D9%84%D8%A8%D9%8A%D8%B1%D9%88%D9%82%D8%B1%D8%A7%D8%B7%D9%8A%D8%A9
claud39- VIP NewsHound
- Posts : 18367
Join date : 2018-11-04

» Trade Bank promotes Dubai for huge investment opportunities in Iraq
» Abdul-Mahdi: Iraq expands to global companies and investment opportunities available
» Al-Kaabi: Let our victory in Mosul be the gateway to our victory over corruption and the building of a strong Iraq
» The Trade Bank of Iraq presents investment opportunities in Iraq during its participation in the "Global Trade Review GTR" Summit for Trade Finance 2020
» Investing in Iraq faces a “heavy battle” with corruption and bureaucracy
» Abdul-Mahdi: Iraq expands to global companies and investment opportunities available
» Al-Kaabi: Let our victory in Mosul be the gateway to our victory over corruption and the building of a strong Iraq
» The Trade Bank of Iraq presents investment opportunities in Iraq during its participation in the "Global Trade Review GTR" Summit for Trade Finance 2020
» Investing in Iraq faces a “heavy battle” with corruption and bureaucracy
Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
» 74.2 million people in the USA have not had a single dose of a Covid-19 Vaccine, & another 157 million have refused a 2nd or 3rd dose according to CDC
» Unprecedented Mortality Rates – must be Climate Change!!
» Thailand giving away one million cannabis plants to encourage citizens to grow natural medicine
» America is being suicided by John Kaminski
» Textbook Tony
» Angela Hitler gathers lieutenants in Germany to mourn loss of Fourth Reich
» 10 years of the new notes came out!
» The Association of Brokerage Companies: Changing the dollar exchange rate contributed to raising the value of Iraqi shares
» Iran: Exports to Iraq amounted to $9.5 billion
» Al-Hakim calls for choosing the next prime minister within specific criteria
» What does Iraq look in a post-Sadr era?
» Sadrist leading figure to the Coordination Framework: the fire you made will burn everyone
» Iraqi parliament swears in new members to replace Sadrists
» USD/IQD closes slightly lower in Baghdad
» Norway offers US$ 7.5 million to Iraq
» Asia's thirst for cheap Russian oil hits Opec's No 2 producer Iraq
» Iraq’s exposure to US securities was up to about $28 billion in April
» The Central Bank: We have taken effective measures to protect the banking sector and combat money laundering
» Al Qirtas Islamic Bank - The first use of modern systems from DN SeriesTM ATMs in Iraq
» The Central Bank of Iraq: We launched 17 trillion dinars of development initiatives
» Central: The Letter of Guarantee platform issued more than 30,000 letters, worth 9.3 trillion
» The Governor of the Central Bank discusses obstacles to the work of Islamic banks with the International Rating Agency
» The Central Bank of Iraq decides to sell the dollar to pilgrims at the official exchange rate
» The central bank is moving at a steady pace to support and revitalize the economy
» The central electronic platform for letters of guarantee enhances confidence in banking transactions
» Who's on First?
» Frank26 says - From black list removal to high credit ratings for Iraq. This is how you get a new exchange rate
» Becky McGee/Oootah - "Wanted: Attorney and/or Lawyer!" 3/10/19
» Meta 1 Coin Has Crack Team Of Lawyers? Why Is Dave Schmidt Still Rotting In Jail?
» California pot shops prepare for their first day of legal recreational marijuana sales TODAY
» One Crazy Guy
» CBI sells $1+ billion in forex for second week in a row
» Iraq and the World Bank hold a workshop to develop public debt management
» Combating financial crimes enhances confidence in the banking sector
» Forex-US dollar notches in Baghdad
» USD/IQD closes lower in Baghdad
» What Happens when Cancer is treated with Cannabis? VIDEO
» VIDEO: Viral Hydroxychloroquine Doctor Demands Joe Biden Apologize After Media Finally Acknowledges HCQ Works
» USD/IQD closes slightly higher in Baghdad