ARTICLE AD BOX
IRAQ INVESTMENT FORUM
The Iraq Investment Forum is a major event being hosted by Baghdad in mid-June under the patronage of the Prime Minister.
This important event joins a series of other activities that have gained similar importance, such as the Arab Summit and the Arab Media Conference, which have restored Iraq’s leading role in hosting important economic and regional events that establish stability, prosperity and development in Iraq and the region.
The Iraq Investment Forum, organized by the Iraqi Economic Council in cooperation with the National Investment Commission and with the support and supervision of the Office of the Prime Minister, reflects the great opportunities provided by Iraq (the land of opportunities) to transform those opportunities into achievements on the ground.
It is worth noting that there are 140 investment opportunities offered by this forum, in which major international investment companies with unique experiences around the world will participate.
It is hoped that this forum will be a historic opportunity and occasion for investment companies to regain their activity and confidence in a new investment environment guaranteed by the state, which will ensure the success of the projects that will be implemented.
It is true that the facilities and great preparations offered to make this forum a success, but what is more important than all of that are the results that will be achieved on the ground so that we can say that opportunities have truly been transformed into achievements.
A sound investment decision must be based on a study of the reality of global events and changes and the major challenges facing the world at various levels. This is because being aware of what is happening according to accurate predictions and expectations allows us to gain success in all investments that will be implemented.
It is important to note that investment opportunities must include important infrastructure projects in the structure of planned new projects, so that the focus is not solely on entertainment investments, despite their importance.
Iraq needs investments with quick returns that contribute to diversifying the economy and sources of income in order to enable our country to move away from a single-source, rentier economy.
The principles of transparency also require announcing projects, their type, and their importance to the Iraqi economy. Rather than simply announcing a number of opportunities, the need also requires announcing the nature of these projects, their importance, and their economic feasibility.
This vision is based on close monitoring of all projects being completed.
We must think, as do our neighboring countries, about modern investments that keep pace with tangible global development and strengthen their economies.
Our observation comes in support of and reinforcement of the government’s sound direction in this regard, and as a reminder of the importance of benefiting from the experiences of others rather than copying them.
We are hopeful that this forum will be a success, so that Iraq can once again become a destination for investors and a home for development and harmony. It will be an important economic event, adding to the series of other important events that have crowded Baghdad, the capital of peace, such as the Arab League and Arab Media Summits. At the same time, we look forward to reading the potential for success in attracting investments, thanks to the government’s bold decision to guarantee projects, which gives momentum to encouraging investment in a promising and stable business climate.
(How many more forums, summits or conferences are they going to have…lol…lol..?
Why now? Let’s explore more about this article in today’s news.)
.png)
English (US) ·