Iraq to host investment conference in Dubai

Over 100 business people from the southern governorates of Iraq will be in Dubai to highlight investment and profit opportunities to the GCC and international businesses.

The conference aims to stimulate trade and investment in the south of the country by showcasing companies with clearly defined projects seeking outside financing from qualified investors. Investment opportunities will range from smaller businesses in need of a minimum of $1 million in financing to large enterprises seeking $200 million.

The conference is focused on sound investment opportunities that are ready to move forward immediately rather than any specific industries. It will also assist potential investors by including discussions on the investment environment and related laws in Iraq. The conference is already attracting significant international interest with major companies attending from America, Australia, Europe, Japan, China and GCC countries.

Similar conferences earlier in the year were held in the UAE for the western portion of Iraq and the Kurdistan Regional Government. Companies and organisations from the GCC negotiated over 65 joint ventures in western Iraq while the Kurdistan regional conference generated over $230 million of trade and investment over the three-day conference.