The Chairman of the Investment Commission of Baghdad, said that Arab countries are currently working to enter the Iraqi market and investment in them, stressing that the ministries are obliged to define their land for investment.
“There are international discussions with Arab companies including Saudi Arabia, Kuwait and the UAE to enter the Iraqi market and invest in it,” Shaker al-Zamili, chairman of the board, said.
He added that ‘many delegations that visited Iraq surprised by investment facilities through the investment law that supports the foreign investor and treats him as an Iraqi investor’, pointing out that ‘the picture was reaching the foreign investor incorrectly about the situation in Iraq’.
Al-Zamili pointed out that “the bureaucracy and bureaucracy facing some foreign investors also affected the work of investors, and the government is currently working to end this matter through the activation of one window.”
He stressed that ‘amended investment law required all ministries of the state to limit its land and give it to the National Investment Commission and then to the investment bodies in the provinces to prepare an investment map’.