Foreign and Arab Companies Eye Investment in Anbar

Baghdad:Anbar Governor Omar Mashaan Dabbous confirmed that the governorate has the potential to attract significant investments across various sectors. He announced that foreign and Arab companies have submitted proposals for investment projects, while ongoing efforts focus on establishing industrial ventures.

According to Iraqi News Agency, Dabbous highlighted a national economic plan developed by the federal government to enhance the economies of both the country and Anbar Governorate. He emphasized the governorate’s unique geographical characteristics and the need for numerous projects to support reconstruction, stability, and economic growth.

He stated that Anbar is a fertile ground for diverse investments and that the governorate is ready to provide all necessary facilities to specialized companies. An economic roadmap has been initiated, including industrial and economic projects such as the Al-Tariq pesticide production plant, alongside a range of existing industrial and agricultural projects. Efforts are ongoing to develop new industrial ventures.

Dabbous also mentioned that foreign and Arab companies have put forward proposals to implement investment projects in the governorate, with contracting procedures advancing within legal and technical frameworks. He affirmed that the security situation in Anbar is stable, offering an attractive environment for promising investments. The governorate has strategic reserves and human resources capable of supporting global companies and facilitating diverse investment initiatives.