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Iraq Attracts $100 Billion in Investments Over Past Two Years

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Baghdad, August 20 (QNA) - The Iraqi National Investment Commission (NIC) announced Wednesday that Iraq had attracted $100 billion in investments over the past two years, and is seeking to attract $250 billion in investments over the next two years.

Hanan Jassim, spokesperson for the commission, said in a press statement that the government's pro-investment initiatives, legislative and regulatory reforms, and programs adopted by the commission have contributed over the past two years to attracting Arab and foreign capital to various economic sectors.

She noted that Iraq's accession to international agreements to protect and encourage investment has contributed to attracting these investments, in addition to developing an integrated investment map that includes more than 100 strategic investment opportunities in various sectors. (QNA)

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