Al-Sudani: Iraq has attracted $100 billion in Arab and foreign investments during the two years of the government’s term.
Al-Sudani: Iraq has attracted $100 billion in Arab and foreign investments during the two years of the government’s term.
8-14-2025
Baghdad – Mail
Prime Minister Mohammed Shia al-Sudani announced on Wednesday that Iraq has attracted significant Arab and foreign investments in various sectors, exceeding $100 billion during the two years of his government’s tenure .
His office stated in a statement received by “Mil” that “Al-Sudani received, today, Wednesday, representatives of the coalition of six companies that have applied to rehabilitate, develop and operate Baghdad International Airport, in the presence of representatives of the International Finance Corporation (IFC) , which is providing advice to the Ministry of Transport on the project. He blessed the holding of the conference to review the projects of the International Finance Corporation, which is an important partner with Iraq in joint work and the implementation of many projects in many stations and sectors .”
According to the statement, Al-Sudani praised “the institution’s efforts to complete the work in a manner befitting Baghdad International Airport, given its importance to Iraq, which is witnessing a state of recovery, stability, development, and reconstruction movement in all governorates .”
He added, “Iraq’s distinguished geographical location has prompted us to invest in air transport, aircraft transit, and passenger service,” noting that “there are many government projects in this area .”
He explained that “Iraq is currently attracting significant Arab and foreign investments in various sectors, exceeding $100 billion over the two years of the government’s tenure,” indicating that “Baghdad Airport is a showcase for the capital, and must receive the necessary rehabilitation and development, as well as management that provides services and generates revenues. There is a real and clear opportunity to increase the number of travelers from abroad to Baghdad .”
He continued: “We have reconsidered the management style of the government sector, at airports and in most sectors. The opportunity is available at Baghdad Airport, and at the airports of Najaf, Basra, Nasiriyah and Mosul. We have chosen successful experiences in the region to manage and operate airports .”
He added, “We have contracted with the International Finance Corporation (IFC) to act as a specialized advisory body to prepare the investment portfolio for the development and operation of Baghdad Airport. We welcome all Arab and foreign companies to Iraq, which is a message that it is a safe and attractive environment for investment .”
He pointed out that “the government will provide support, assistance, and all necessary facilities for the companies’ work,” explaining that “the project to rehabilitate, develop, and operate Baghdad Airport is based on a desire to find the best coalition, company, or investor that can provide a successful model for the airport .”
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