The Iraqi embassy opens the prospects of cooperation with Egyptian businessmen and investors to work in Iraq

Economy
  • 26-07-2024, 17:17
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    Baghdad-INA  
     The Iraqi Embassy in the Egyptian capital Cairo discussed today, Friday, with investors and businessmen of major Egyptian companies, opening prospects for joint cooperation.  
    The Iraqi ambassador in Cairo, Qahtan al-Janabi, told the Iraqi news agency (INA): that" the meeting dealt with many files, the most important of which is the fruitful cooperation between the two countries in all fields, "pointing out that "the presence of major Egyptian companies specialized in energy, pharmaceutical industries and transport is important to transfer Egyptian experiences to the Iraqi market.

    He added that" the problems of investors were listened to and how to work to solve their problems and work to overcome obstacles to their work and travel and provide all facilities in order to transfer their expertise to Iraq, especially that the number of companies is increasing day by day,"noting that Prime Minister Mohammed Shiaa al-Sudani during his meeting with senior businessmen praised their role in building Iraqi infrastructure through the implementation of many projects such as bridges and others.

    He pointed out that "Egyptian companies have a great willingness to open the horizons of joint cooperation and investment in Iraq, with the aim of achieving stability and economic growth, transferring Egyptian experiences and expertise to the Iraqi market, achieving sustainable development, providing job opportunities, diversifying sources of income in the country and promoting the economic and social future of Iraq".

    In turn, the investors expressed their "happiness in increasing the volume of trade and economic exchange in Iraq, especially after the stabilization of the security situation, which has become attractive for the presence of Egyptian companies in Iraq, and the transfer of Egyptian experiences in development projects in many fields such as energy, housing, roads, agriculture and medicine, with the aim of transferring the Egyptian experience to the Iraqi market".
    Former minister of transport Hany Dahi, chairman of the board of Directors of the Nile Valley company, explained to the Iraqi News Agency (INA) that "the security climate in Iraq is very encouraging for the presence of Egyptian companies in a density, especially that Iraq has become a safe and attractive environment for investment for all agricultural and industrial sectors and it is very important to convey the Egyptian experience in all Iraqi provinces at the level of bridges, roads and electricity, especially that Egypt has great experiences in construction and reconstruction in a series of projects implemented over the past ten years.