Iraq is fertile ground for all economic dreams, says Prime Minister

Economy
  • 1-02-2025, 19:54
  • +A -A

    Baghdad - INA

    Prime Minister Mohammed Shia al-Sudani stressed today, Saturday, that Iraq is fertile ground for all economic dreams, while indicating that the country is on the verge of the widest urban movement in the field of housing.

    Al-Sudani said in a speech during the opening of the 48th session of the Baghdad International Fair, which was attended by the correspondent of the Iraqi News Agency (INA): "Today we open the 48th session of the Baghdad International Fair to be an addition that inspires hope and aspiration for productive and promising partnerships and stronger cooperation that enhances facing challenges and draws a map of prosperity and confident economic growth."

    He added, "I welcome the representatives of one thousand two hundred and fifty companies and destinations participating in this year's session, which carries messages of communication and constructive partnership plans from 22 sisterly and friendly countries," indicating that "the exhibition this year is being held while Iraq is witnessing a continuous and active movement in every sector and detail of the economy, industry, agriculture, infrastructure, services and energy."

    He added: "We have spent more than twenty-seven months of connected and complementary plans and programs in order to bring about a tangible and clear change within the ceiling of expectations and ambitions carried by the honorable Iraqi citizen," adding: "We have stressed since the start of the government's work that the real criterion for success is the citizen's satisfaction and positive interaction with what the executive service apparatus provides, along with the deep-rooted and far-reaching economic reform."

    He added: "We want the Baghdad Exhibition to be an arena for understanding and a meeting platform where opportunities, understandings and offers gather and during which companies study the available windows of contribution to the development movement in Iraq," stressing that "Iraq is heading towards the widest urban movement in the field of housing."

    Al-Sudani said: "We have a promising and accelerating health sector that we have moved forward in by completing dozens of stalled hospital projects in addition to adopting the method of joint management and operation and activating health insurance," noting that "foreign investments coming to Iraq have exceeded 60 billion."

    He explained that "all of this comes alongside building relationships, understandings and agreements with international partners and major global financial institutions," noting that "the strategic development path extends from the port of Faw to the northern borders and Turkey to be linked to the most effective and cheapest trade routes in management and operation, linking Asia and Europe via Iraq and the Middle East."