Iranian Investors Urged to Consider Iraq as Profitable Option

Iran’s commercial attaché to Iraq, Nasser Behzad believes many economic players who are interested in making investments and conducting business activities outside Iran do not have accurate information on opportunities available in neighboring Iraq.
“Considering the neighboring country’s strategic position, Iraq features important ports and airports, and has the capability to play a stable role in undertaking distribution at low costs,” he said.
Behzad noted that the Iraqi government has introduced a multitude of investment plans aimed at promoting the country’s reconstruction, IRNA reported.
The Iraqi government has reportedly published a list of 157 projects for which it is seeking investment. They include rebuilding destroyed facilities such as Mosul airport, diversifying the economy away from crude oil sales and developing transport, agriculture and oil-related industries, including petrochemicals and refining.