Baghdad:Adel Al-Yasiri, Chairman of the National Investment Commission (NIC), engaged in discussions with representatives from the German company Ecolink International to explore potential cooperation in reconstruction and the implementation of modern technologies.

According to Iraqi News Agency, the NIC Chairman held an extensive preliminary meeting with a high-level delegation from Ecolink International. The meeting, attended by the Director General of the Commission’s Economic and Technical Department, concentrated on prospects for investment cooperation and the establishment of vital projects in Iraq.

The NIC Chairman briefed the visiting delegation on strategic investment opportunities, particularly in infrastructure development, road construction, and transport networks. The discussions also covered the introduction of advanced technologies into glass manufacturing and sustainable vertical farming.

Furthermore, Al-Yasiri provided an overview of the incentives and facilities available to foreign investors under Iraqi investment law, including tax and customs exemptions, streamlined land acquisition processes, and the repatriation of capital and profits. The meeting resulted in an agreement to establish communication channels and joint coordination, focusing on project feasibility studies and future investment partnerships.

Coordination efforts are set to review engineering standards and European solutions for sustainable projects in Iraq, with aims to transform discussions into tangible investment opportunities.