$3.5bn Investment Licences Issued in Baghdad

Baghdad Investment Commission has issued 87 investment licenses worth a total of 3.5 billion dollars during the last thirteen months, and it claims these will provide about 350,000 jobs.

The Commission’s Chairman, Mr. Shaker Al- Zamily, said the licences included 13 in the construction sector (consisting of 17 projects for the construction of 120,000 housing units), 7 licenses for industrial projects, 3 for medical care and commercial projects, and one for an agricultural project.

(Source: National Investment Commission)