The Chairman of Iraq’s countrywide investment commission (NIC), Dr. Haider Mohammed Makiyya, held a assembly with Adham Al-Fakhar, Chairman of the Iraqi-French enterprise Council, and its participants to discuss promising strategic funding tasks.
Dr. Makiyya emphasised the NIC’s dedication to advancing a forward-looking funding policy that prioritizes progressive initiatives to reinforce Iraq’s economy and decrease dependence on oil. This approach aligns with the global shift closer to alternative economies.
Key topics mentioned:
Silica Sand project:
The NIC, in collaboration with the Ministry of enterprise and Minerals, is undertaking a feasibility have a look at for this mission. Iraq possesses high-purity silica sand (ninety eight%) in provinces such as Najaf, Karbala, and Anbar. With a worldwide marketplace valued at $610 billion yearly, this resource gives sizable monetary capability.
sun energy project:
A 1,000 MW solar power initiative turned into highlighted as a part of Iraq’s efforts to diversify its strength sources and promote renewable strength.
Waste-to-strength task:
A undertaking for waste control and energy era is nearing the very last stages before being awarded. This initiative aligns with international sustainability trends.
Fiber Optic Cable challenge:
located as a gateway to international e-commerce, this undertaking is projected to generate $1.15 billion in net annual revenue in line with cable, leveraging Iraq’s strategic geographic area.
Proposals from the Iraqi-French business Council
Adham Al-Fakhar and council individuals recommended increasing investment collaboration between Iraq and France. They emphasised aligning with the strategic partnership settlement signed among the 2 nations, which goals to enhance monetary ties and create mutual opportunities for Iraqi and French companies.
Dr. Makiyya underscored the importance of those projects in attaining sustainable monetary increase and reaffirmed the NIC’s readiness to collaborate with global partners to realise these bold desires.
, Dr. Haider Mohammed Makiyya, held a assembly with Adham...){kind=link}