The Prime Minister announces investment opportunities worth (450) billion dollars.
The Prime Minister announces investment opportunities worth (450) billion dollars.
2025-09-27
Prime Minister Mohammed Shia al-Sudani announced today, Saturday, investment opportunities worth $450 billion across various sectors. The Prime Minister’s media office stated in a statement that “Prime Minister Mohammed Shia al-Sudani sponsored the Iraq Investment Forum, which is being held over two days in the capital, Baghdad, and includes a presentation of more than 160 promising investment opportunities across various sectors.”
In his speech, the Prime Minister welcomed “the participants in the forum and their presence in Baghdad, in light of the development and reconstruction that Iraq is witnessing. He also announced investment opportunities amounting to (450) billion dollars in various sectors,” expressing his “thanks to those in charge of this forum, foremost among them the National Investment Commission, the Iraqi Economic Council, and all the supporting and participating parties.”
The Prime Minister also affirmed the government’s intention to amend the Joint Stock Companies Law and the Holding Companies Law, adding provisions to support small and medium-sized enterprises and private funds, in addition to increasing the pace of digitizing government procedures to reduce bureaucracy, completing banking reforms, and raising Iraq’s credit rating to reduce interest rates and insurance on projects established in Iraq.
He continued, “The government’s balanced foreign relations policies, and its prioritization of Iraq’s interests, have created an ideal environment for investment,” noting that “we are moving toward increasing the procurement of services from the private sector, in line with what we have begun working on with the IDuba school construction project.”
He pointed out that “we have worked to reform the banking system to become a sector that meets international standards, as Iraq has recorded an increase in indicators of integration with the global economy, the expansion of electronic payment systems, and financial sector governance.” He explained that “the establishment of the Iraq Development Fund came to enable the local, Arab, and foreign private sectors to invest in the abundance of opportunities in the Iraqi market.”
He also pointed out that “efforts to consolidate security and stability have paved the way for an ideal and promising investment environment that protects and reassures partners,” adding that “a special conference will be held to showcase the investment opportunities of the ‘Development Road’ project, which will be the largest in the region.”
He stressed that “we worked to facilitate the registration of companies to enter the Iraqi market, and amended a package of laws for partnership between the foreign private sector and its national counterpart,” adding that “the volume of investments exceeded (100) billion dollars, which confirms the correctness of our decisions in the diversity of the national investment environment.”
He continued by saying: “We launched the “Riyada” initiative, in which more than (500) thousand young men and women participated, and trained (92) thousand, who produced (12) thousand new projects from loans and (20) thousand job opportunities. We were keen on the prosperity of job opportunities and their expansion outside the framework of government employment, and their integration into all sectors,” noting that “we activated the Industrial Coordination Council with the participation of the private sector to complete strategic projects and invest in the most important sectors.”
He added, “Investment partnerships have been achieved with international companies, particularly in fertilizer, sulfur, phosphate, iron, construction, and food industries,” noting that “Iraq has witnessed investment and industrial success in the pharmaceutical industry, an unprecedented achievement in the history of Iraqi industry.”
He added, “Today we have (54) Iraqi factories that have actually begun exporting their products to regional and international markets, and the government has launched the largest housing projects in the region, and this sector receives direct and implicit investments, and provides hundreds of thousands of job opportunities.”
He also explained that, “We are facing more than one million housing units in (7) cities that have been referred, and (3) other cities are being referred out of a total of (60) new residential cities throughout Iraq,” concluding his statement by saying that, “We are planning to establish a permanent council of Arab and foreign investors, which provides consultations and information that serve the development of investment in Iraq, linked to the Prime Minister’s Office.”
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