Baghdad The consultant in economic development and investment, Amer Al-Jawahiri stressed the country’s need for a major economic renaissance.

He told the National Iraqi News Agency (NINA) that the country’s economy cannot be promoted without major investment projects that generate money in order to gradually reduce dependence on oil as the only resource for the annual budget.

Al-Jawahiri added that the first signs of this renaissance are the establishment of major joint investment projects with the countries of the region and other countries, in addition to activating the concluded agreements, especially with China.

He explained: Among the major projects is the Nibras Petrochemical Project, in partnership with the international company, Shell, which must be activated by setting a specific time period for its completion.

Source: National Iraqi News Agency