The Higher Committee for Investment and Reconstruction, held on Thursday, chaired by Prime Minister Haider al-Abbadi and approved several recommendations for the implementation of a number of projects in Baghdad.
A statement issued by the Office of Abadi said that the latter “chaired, yesterday, the meeting of the Higher Committee for Investment and Reconstruction, where the Committee discussed the provision of the right environment for investment and that Iraq is an attractive environment for investments through new laws and procedures are being implemented now, especially the recent Council of Ministers about this”.
The statement pointed out that “a group of projects and investment opportunities before the committee, including the draft of the army channel and the rehabilitation of the area surrounding Baghdad International Airport and the project of the urban center of Baghdad City and the island of weddings and Lake Jadriya, were examined by the Commission.
He added that “the Committee approved a set of recommendations that help to implement these projects, including the formation of a small team linked to the Supreme Committee to follow up and facilitate procedures for investors and lift the obstacles that face them.”
“Preparations for the Iraq reconstruction conference to be held next week in Kuwait have also been reviewed,” the statement said.
Source: Iraq’s Economic Center