PM: Iraq is witnessing rapid growth and a stage of recovery, and it has many political investment opportunities today

Industry

Prime Minister, Muhammad Shiaa Al-Sudani confirmed that Iraq is witnessing rapid growth and a stage of recovery and has many investment opportunities. Al-Sudani's media office stated, 'Today, Saturday, Prime Minister Muhammad Shiaa al-Sudani received a delegation of Egyptian, Saudi, and Iraqi businessmen that included, Chairman of the Board of Directors of TMG Company Hisham Talaat Mustafa, Chairman of the Board of Directors of Al-Muhaidib Group, Suleiman Abdel Qader Al-Muhaidib, and the CEO of the group, Issam Abdel Qader, the group's development director, Raed Ibrahim Al-Mudahim, the director of the Al-Maysarah group, Yasser Qasim Zaghir, and businessman Ahmed Talaat Hani, all of whom specialize in real estate development and establishing integrated and smart residential cities, in the presence of the Saudi ambassador to Iraq, Abdul Aziz bin Khaled Al-Shammari. The Prime Minister called on the owners of Egyptian and Saudi companies to invest in the field of tourist resorts, hotels and entertainment facili ties, as Iraq has many diverse tourist destinations, indicating that development in Iraq is in the path of the economic interests of the rest of the Arab countries. Al-Sudani pointed out that Iraq is witnessing rapid growth and a stage of recovery, and it has many promising investment opportunities, especially in the field of housing and new city projects, as the country needs about 3 million housing units, stressing that the government is moving towards building integrated cities that include all sectors and recreational and commercial services and facilities, and it is linked to the capital, Baghdad, by a developed network of transportation roads. Al-Sudani explained that the government has offered projects for five new cities for investment in Baghdad and some governorates, and is moving towards launching 11 new cities, just as it supports successful investment experiments, stressing that what is important about modern cities is that they contribute to solving the housing crisis, especially for low-incom e groups. Source: National Iraqi News Agency