Baghdad: Prime Minister Ali Faleh al-Zaidi affirmed on Tuesday that Iraq is witnessing a promising development phase, calling on Turkish companies to take advantage of available investment opportunities, particularly in airport construction and operation projects and railway projects within the Development Corridor initiative.

According to Iraqi News Agency, the Prime Minister’s Media Office stated in a press release that “Prime Minister Ali Faleh al-Zaidi received former Turkish Deputy Prime Minister and Minister of Treasury and Finance Lutfi Elvan and his accompanying delegation, which included a number of Turkish officials and businessmen.”

During the meeting, discussions focused on prospects for bilateral cooperation between the two countries, especially in the economic and investment sectors, and ways to strengthen the partnership. This initiative aims to open up broader avenues for joint work and encourage Turkish companies to contribute to the implementation of strategic projects across various development sectors in Iraq.

The Prime Minister emphasized that Iraq is experiencing a promising development phase and called on Turkish companies to seize the available investment opportunities. These opportunities include airport construction and operation, railway projects within the Development Road project, and the extension of a metro line connecting the holy cities of Najaf and Karbala. Additionally, there are investment opportunities in the electricity sector through the construction of thermal power plants and solar energy projects, dam projects, and the development of the agricultural sector.

For his part, the former Turkish Deputy Prime Minister expressed the readiness of major Turkish companies to enter the Iraqi market and invest in it. He emphasized the growing confidence in the investment environment in Iraq, given the support and facilities provided by the government to enhance development and achieve economic growth.