Saudi Ambassador: Many Investment Opportunities will be Presented in Iraq

Economy
  • 6-12-2023, 15:41
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    Baghdad – INA 

    Saudi Arabia's ambassador to Iraq, Abdulaziz Al-Shammari said on, Wednesday, that many opportunities are being studied in preparation to put  them in reality in the next few months.

    "The beautiful understanding and harmony between the two leaderships in Saudi Arabia and Iraq resulted in the signing of a partnership agreement in the field of industrial investments for the private sector”, Al-Shammari told the Iraqi News Agency (INA).
     
    He added that" Iraq fund for development is new and strong and has great coordination with the Public Investment Fund in the Kingdom” , noting that  "the agreement is a first opportunity and there are many opportunities being studied and the good news will be for the Iraqi people over the next few months”.

    Al-Shammari pointed out that "the kingdom of Saudi Arabia has entered into all the interests of the Iraqi industrial development fund, infrastructure, real estate and all fields".
     
    He added that" 3 billion dollars is now available at the Public Investment Fund ", pointing out that “coordination is underway between the fund of Iraq for development and the investment fund to discuss these opportunities and put them in reality”.