Prime Minister Mohammed Shia Al-Sudani stressed the importance of the strategic relationship between Iraq and Egypt, and that the doors are open to Egyptian businessmen and companies.
The Prime Minister’s media office stated in a statement: “Al-Sudani received, at his residence in the Egyptian city of El Alamein, a group of businessmen representing major Egyptian companies in various sectors, on the sidelines of his official visit to the Arab Republic of Egypt.”
During the meeting, Al-Sudani stressed the importance of the strategic relationship between Iraq and Egypt, and what it represents in terms of a path for economic integration between the two peoples, and within the Arab economic relations, noting that Iraq today is going through a state of recovery and stability after the victory over terrorism with the stand of the people of all components and spectra.
Al-Sudani explained that his government started two years ago with an ambitious program and priorities in working with a ministerial and advisory t
eam, especially in development and the economy, based on the strengths that distinguish Iraq with its natural and human resources, indicating: “Iraq represents an important market with an increasing growth rate due to its important geographical location in a vital region of the world.”
The Prime Minister pointed out: “Iraq has received major Egyptian investors in infrastructure and residential city projects, whose implementation work will start soon,” stressing: “The doors are open to Egyptian businessmen and companies, whose presence in Iraq is important to us, due to their successful experiences, and within a political direction to lead the two countries towards more cooperation and integration.”
Al-Sudani stressed the government’s launch of investment opportunities in all industries, modernization of production lines, and the principle of partnership between the public and private sectors, and that a group of industrial cities have been identified within Iraq, in conjunction with the Development Road Pro
ject, as an important strategic project, and today there are partnerships with Qatar, Turkey and the Emirates regarding this project, and that the first phase of the Faw Port will be completed by the end of 2025, and it will be a qualitative addition to the region, and with it the largest industrial city.
For their part, Egyptian businessmen and company representatives expressed their readiness to work in Iraq in various fields, including the Development Road Project, the pharmaceutical industry sector, hospitals, infrastructure and construction industries, and they also spoke about the existence of promising partnerships between the Iraqi and Egyptian private sectors.
Source: National Iraqi News Agency