National Investment Commission of Iraq Plans to Attract $250 Billion in Investments
Iraq is planning to attract investments worth up to $250 billion over the next two years, covering vital sectors such as infrastructure, industry, energy, housing, education, and healthcare.
Speaking to the Iraqi News Agency (INA), Hanan Jassim, spokesperson for the National Investment Commission of Iraq, said that “government policies supporting investment, along with legislative and regulatory reforms, have succeeded in bringing in more than $100 billion in Arab and foreign investments over the past two years.”
She explained that these investments have played a key role in boosting the local economy by creating new job opportunities and increasing GDP, while also reducing Iraq’s heavy dependence on oil revenues.
According to Jassim, a comprehensive investment plan has been set to attract up to $250 billion in the coming two years, while the Commission continues to simplify procedures, reduce bureaucracy, expand public-private partnerships, and provide strong legal guarantees and flexible incentives to investors.
Iraq is already implementing mega-projects, most notably the Grand Faw Port in the south, alongside a multi-billion-dollar plan to establish a land and railway corridor connecting southern Iraq with Turkey and then to Europe. Additional projects include housing developments, hospitals, roads, and vital infrastructure aimed at positioning Iraq as a major regional hub for trade and investment.
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