Al-Sudani: The investment environment in Iraq has become promising, welcoming and open

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Al-Sudani: The investment environment in Iraq has become promising, welcoming and open

Iraq’s business climate is “promising, welcoming and open after the financial, administrative and banking reforms carried out by the government he heads,” according to Prime Minister Muhammad Shiaa Al-Sudani on Thursday.

As to a statement released by the Presidency of the Council of Ministers, this occurred during his welcome of a group from Limak, a transportation and construction project-focused Turkish corporation led by Nihat Ozdemir, the founder of the company.

Al-Sudani began the meeting by outlining the investment and development opportunities that the company can support in Iraq, particularly in the areas of transportation and infrastructure projects, as well as the Grand Al-Faw Port, development road projects, and industrial city projects in different governorates.

The Prime Minister of Iraq reaffirmed the government’s invitation to businesses with extensive technical and operational background. He clarified that the investment climate in Iraq has improved, particularly since the implementation of the financial, administrative, and banking reforms, and that the private sector is now equipped to form successful alliances with foreign firms.