Planned reforms expected to increase investment in Iraq

2026-05-24 21:21

Chairman of the National Investment Commission Haider Makkiya announced on Saturday that total investment volume in Iraq has reached approximately $114 billion, noting that upcoming amendments are expected to further boost investment activity across the country.

Makkiya stated that foreign investments account for $67 billion, while domestic investments total $47 billion. He explained that planned adjustments to capital structures are expected to increase the overall volume of investments in Iraq.

He also revealed that the Commission has developed a climate investment plan covering five key sectors: renewable energy, agriculture, industry, water resources, and innovation. According to Makkiya, the plan was prepared in cooperation with all ministries through studies conducted between April and September 2024. The final version was submitted to the former Prime Minister in January 2025, approved the following month, and later circulated to all ministries.

Makkiya said the Ministry of Planning currently holds a copy of the plan, which includes projects aimed at addressing climate change and water scarcity while creating investment opportunities supported by international funding. The initiative is intended to encourage both domestic and foreign investors to enter the Iraqi market.

He added that the plan has also been distributed to embassies and diplomatic missions to promote the proposed projects and allow foreign companies to bid for and implement them in Iraq.

Keywords : Iraq

العودة إلى الأعلى