The National Investment Commission (NIC) has announced plans to attract up to $250 billion in investments over the next two years, as part of efforts to diversify the economy and reduce reliance on oil revenues.NIC spokesperson Hanan Jassim told the state-run Iraqi News Agency (INA) that recent government reforms and legislative changes had already drawn more than $100 billion in Arab and foreign investments across multiple sectors over the past two years.She explained that investment has supported six key sectors -- industry, infrastructure, housing, energy, education, and healthcare -- contributing to job creation, higher GDP, and sustainable development.The NIC has also activated a one-stop-shop mechanism, joined international agreements on investment protection, and developed a comprehensive investment map with more than 100 strategic opportunities.According to Jassim, investor confidence has grown significantly, positioning Iraq as an attractive regional destination. She added that the NIC is aligning its regulations with Prime Minister Mohammed Shia al-Sudani's directives to ease barriers for the private sector, simplify procedures, and expand public-private partnerships. (ICE AMMAN)

Fonte notizia: Stampa Locale