Thursday 19 December 2013

Iraq seeks to draw GCC, foreign investor interest | GulfNews.com

Iraq seeks to draw GCC, foreign investor interest | GulfNews.com:

"With their economic and security conditions improving, government officials in Iraq will be in Dubai next month to tackle opportunities for doing business and investing in the war-ravaged country.
Organisers of the Iraq Finance Conference said there are a number of opportunities in Iraq for investment banks, retail banks, insurance companies and other financial institutions. They said the country now proves lucrative for investments in real estate, oil and gas and electricity sectors.
Iraq is facing a huge housing shortage, with nearly two million residential units needed to be built. Some $860 million (Dh3.1 billion) has already been allocated for the construction of low-cost homes in 2014 alone, and more investments are required to put in place new infrastructure, including roads, railways, bridges and expressways."

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