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ICS Template 03-04-2011 - state.gov

1 Executive Summary Investors in iraq face both tremendous opportunities and significant challenges. The Government of iraq (GOI) has publicly stated its commitment to attract foreign investment and plans to invest $357 billion in energy, building and services, agriculture, education, transportation, and communications sector projects under its five-year National Development Plan. In 2013 the Iraqi economy grew by and investment expenditures in oil production reached $20 billion. Inward FDI grossed $ billion in 2012. Real estate is the largest non-oil area of foreign investment in iraq . The World Bank ranked iraq 151 out of 189 economies for ease of doing business.

Investors in Iraq face both tremendous opportunities and significant challenges. The Government of Iraq (GOI) ... of this law and subsequent amendments, ...

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