Baghdad: Prime Minister Mohammed Shia al-Sudani stressed the importance of simplifying administrative procedures that currently hinder investment projects in Iraq. His media office released a statement highlighting the discussions and decisions made during the regular meeting of the Higher Committee for Reconstruction and Investment, which he chaired.

According to National Iraqi News Agency, al-Sudani underscored the need for the committee to reduce bureaucratic steps and enhance the country’s investment environment. He emphasized the importance of ministries focusing on investment projects aiming to maximize state revenues, aligning with the government’s financial and economic reform strategy.

The statement further detailed that several housing projects received approval during the meeting. Additionally, plans for establishing the largest olive farm in Wasit Governorate by an Iraqi-Spanish investment company were confirmed. This project stems from the Prime Minister’s visit to Spain last year, where he met with the President of the World Olive Council.

The meeting also addressed various health projects, including the development of an early cancer screening center. The Prime Minister directed the Ministry of Health to study the project and present their findings to the Investment Committee.