Baghdad: 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.
According to Qatar News Agency, Hanan Jassim, spokesperson for the commission, stated in a press release 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 highlighted that Iraq's accession to international agreements aimed at protecting and encouraging investment has been a significant factor in attracting these investments. Additionally, the development of an integrated investment map, which includes more than 100 strategic investment opportunities across various sectors, has further supported this influx of capital.