Iraqi PM Urges Turkish Firms to Explore Vast Investment Opportunities in Transport and Energy

Prime Minister Ali Faleh Al-Zaidi today, Tuesday, called on Turkish companies to seize available investment opportunities in Iraq's transport and energy sectors. This came during Al-Zaidi's reception of former Turkish Deputy Prime Minister and Minister of Treasury and Finance, Lutfi Elvan, and his accompanying delegation, which included a number of Turkish officials and businessmen. The meeting discussed prospects for bilateral cooperation between the two countries, particularly in economic and investment fields, and ways to strengthen partnership that would open wider avenues for joint work and encourage the participation of Turkish companies in implementing strategic projects across various development sectors in Iraq. The Prime Minister affirmed that Iraq is currently undergoing a promising developmental phase, reiterating his invitation to Turkish companies to benefit from diverse investment opportunities, especially in projects for constructing and operating airports, establishing railway projects within the Development Road project, in addition to extending a metro line connecting the holy cities of Najaf and Karbala. Investment opportunities also include the electricity sector, through building thermal power plants and solar energy projects, as well as dam projects and agricultural sector development. For his part, the former Turkish Deputy Prime Minister expressed the readiness of major Turkish companies to enter and invest in the Iraqi market, emphasizing the increasing confidence in Iraq's investment environment, given the support and facilities provided by the government to enhance development paths and achieve economic growth.