(Invest In Iraq Conference), which is organized by the Kuwait Chamber of Commerce and Industry (KCCI), opened Tuesday morning at the Kuwait International Conference on Iraq Reconstruction.
The opening session of the conference will discuss the appropriate environment for private sector participation in the reconstruction of Iraq, with the participation of the head of Kuwait Chamber of Commerce and Industry Chairman Ali Al Ghanim, Chairman of the National Investment Authority Sami Al-Araji and Planning Minister Salman Al-Jumaili.
The conference will discuss the investment environment in Iraq, the reform program and the means of reconstruction as well as reviewing the private sector opportunities through presenting successful investment experiences, the main investment opportunities in Iraq and the role of the International Finance Corporation in this regard.
The conference will also look at key investment sectors in Iraq in the fields of oil and gas, transport, industries, real estate, economic zones, energy, agriculture, health and others.
The Governor of the Iraqi Central Bank Ali al-Alak will review in a session entitled (Financing Reconstruction) overview of the framework of the overall Iraqi economy, especially on the banking sector and ways to support the private sector to achieve a flexible peace.
The conference will also discuss the forms of domestic and foreign financing, public-private partnership, IFC’s Iraq financing projects, as well as investment guarantees.
The conference devoted a panel discussion entitled “One Window: Supporting Investors in Iraq,” in which US Secretary of State Rex Tillerson, Prime Minister Haider al-Abadi, and Chairman of the National Investment Authority Sami Al-Araji participated.
The Kuwait International Conference on Iraq Reconstruction is being held from February 12 to 14, with the participation of a number of donor countries and international and regional organizations, and will be headed by five parties – Kuwait, Iraq, the European Union, the United Nations and the World Bank.
Source: National Iraqi News Agency