Iraq is preparing for the conference to be held in Dubai next April with the participation of local and foreign investors to discuss investment opportunities in 40 government-owned companies in the sectors of petrochemicals, pharmaceuticals, nutrition, industries of construction, engineering, industrial services, spinning and weaving.
Iraqi Ministry of Industry and Minerals which is organizing the conference is looking forward to partnership agreements and production sharing; an official at the ministry said that the conference follows the recently announced three agreements, which are in the process of the final drafting, with the Federation of European companies, in the cement sector of Iraq and each agreement is estimated at one hundred million dollars.
During the second half of the same month, an exhibition for national trade and industry will be held in Baghdad with the participation of more than one hundred national companies from public and private sectors; the exhibition coincides with the reconstruction and investment year in Iraq.
Director-General of the Iraqi Exhibitions, Sebti Jum'a, said in a press conference held on the occasion, that the exhibition is the first step for the establishment of large specialized commercial exhibitions on the ground of Baghdad International Fair, and the participation of the Iraqi productive and commercial sectors will encourage these sectors to restore their effective role in improving the Iraqi economy and the growth of its contribution to the development.
Iraq received an invitation to private sector participation in the International Trade Forum organized in the Turkish city of Antalya in mid-May, by the office of "Mediterranean Bank" (MBP) which showed Turkey's desire to Iraq's participation in this forum which aims to trade cooperation among small and medium-sized productive and investment institutions in the world.
The forum involving ten sectors related to the construction and various industries to Asia, the Middle East, North Africa and Europe, offers the opportunity of direct meet between producers and investors and access to the latest techniques produced internationally, as well as investment projects supported by the European Union within the matching international standards of the European Union.
