KTFA
His media office stated in a statement received by Al-Eqtisad News that “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 in various sectors.”
Al-Sudani said: “We announce 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.”
He emphasized “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 explained that “the government’s balanced policies in its foreign relations, and its prioritization of Iraq’s interests, have created an ideal environment for investment.”
He continued, “We are moving towards increasing the procurement of services from the private sector, based on what we have begun working on with the IDOPA school construction project, and our efforts to reform the banking system to become a sector that meets international standards.”
He pointed out that “Iraq has recorded an increase in indicators of integration with the global economy, expansion of electronic payment systems, and financial sector governance.”
Advertisement
______________________________________________________
He explained that “the establishment of the Iraq Development Fund was intended to enable the local, Arab, and foreign private sectors to invest in the abundance of opportunities in the Iraqi market,” adding that “efforts to consolidate security and stability have paved the way for the creation of an ideal and promising investment environment in a way that protects and reassures partners.”
He stated, “A special conference will be held to showcase investment opportunities related to the Development Road project, which will be the largest in the region.” He added, “We have worked to facilitate the registration of companies entering the Iraqi market and amend a package of laws for partnerships between the foreign private sector and its national counterpart.”
He stressed that “the volume of investments exceeded (100) billion dollars, which confirms the soundness of our decisions in diversifying the national investment environment,” stating: “We launched the “Riyada” initiative, in which more than (500) thousand young men and women participated, and (92) thousand were trained, producing (12) thousand new projects from loans and (20) thousand job opportunities.”
He added, “We have been keen to foster and expand employment opportunities outside the framework of government employment, integrating them into all sectors. We have also activated the Industrial Coordination Council with the participation of the private sector to implement strategic projects and invest in the most important sectors.”
He pointed out that “investment partnerships have been achieved with international companies, particularly in fertilizer, sulfur, phosphate, iron, construction, and food industries.”
He added, “Iraq has witnessed investment and industrial success in the field of pharmaceutical industry, which is an unprecedented achievement in the history of Iraqi industry,” adding, “Today we have (54) Iraqi factories that have actually begun exporting their products to regional and global markets.”
Al-Sudani said, “The government has launched the largest housing projects in the region. This sector attracts direct and indirect investments and provides hundreds of thousands of job opportunities.”
Advertisement
______________________________________________________
He said: “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.”
He concluded by saying, “We plan to establish a permanent council of Arab and foreign investors, which will provide advice and information that serves the development of investment in Iraq, and will be linked to the Prime Minister.” (LINK)
The resumption of Kurdistan’s oil exports raises Iraq’s exports to 3.65 million barrels.
9/27/2025
Iraq’s Undersecretary of the Ministry of Oil, Bassem Mohammed, confirmed on Saturday that the country’s oil exports will rise to 3.65 million barrels per day, following the resumption of exports via the Kurdistan Region’s fields to the Turkish port of Ceyhan.
“Today is a historic day and a major achievement for the government, after the resumption of oil flow from fields located in the Kurdistan Region through the Iraqi-Turkish pipeline,” Mohammed told Shafaq News Agency.
He added, “Exported quantities will start at 190,000 barrels per day, adding financial returns that will contribute to revitalizing the Iraqi economy.” He explained that “these quantities will be added to Iraq’s exports, which are estimated at 3.4 million barrels per day, and thus Iraq’s total exports will reach 3.65 million barrels per day.”
This came in conjunction with Kurdistan Regional Government Prime Minister Masrour Barzani’s call to federal Prime Minister Mohammed Shia al-Sudani to find a radical solution to the region’s salaries and benefits issue, in light of the resumption of exports.
During a panel discussion titled “Regional Energy Integration: Opportunities for Cooperation between Iraq and Jordan in Sustainable Transformation,” attended by a Shafaq News correspondent, Oil Minister Hayan Abdul Ghani stressed that resuming oil exports through the Iraq-Turkey pipeline will maximize the Iraqi state’s essential resources.
Crude oil exports from the Kurdistan Region’s fields via the Fishkhabur field to the Turkish port of Ceyhan resumed this Saturday morning, at a rate of 190,000 barrels per day, after a halt of more than two and a half years.
Advertisement
______________________________________________________
______________________________________________________
If you wish to contact the author of a post, you can send us an email at voyagesoflight@gmail.com and we’ll forward your request to the author (if available). If you have any questions about a post or the website, you may also forward your questions and concerns to the same email address.
______________________________________________________
All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes.
Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted on this site. Information posted on this site may or may not be fictitious. We do not intend to and are not providing financial, legal, tax, political or any other advice to readers of this website.
Copyright © Dinar Chronicles
