Spanish firms to participate in Iraq’s infrastructure development
The Iraqi Prime Minister, Mohammed Shia Al-Sudani, the Spanish Prime Minister, Pedro Sanchez, representatives of Spanish firms, and officials from both sides. Photo: INA
Baghdad (IraqiNews.com) – The Iraqi Prime Minister, Mohammed Shia Al-Sudani, confirmed on Thursday that the Iraqi government prioritizes cooperation with Spanish companies because of their reputation and experiences.
The Prime Minister’s Office (PMO) issued a statement clarifying that Al-Sudani met with several businessmen and representatives of Spanish companies in the presence of Spanish Prime Minister Pedro Sanchez, where he valued their desire to participate in development plans and infrastructure development in Iraq.
Al-Sudani confirmed that Spanish firms are invited to take part in Iraqi projects such as the Development Road, Baghdad Metro, the renovation of Baghdad International Airport, the new residential cities, railway projects, renewable energy projects, and projects in the industrial sector.
The Iraqi Prime Minister stressed that the government is working on the creation of investment opportunities, facilitating procedures for foreign companies, and encouraging partnership opportunities with the Iraqi private sector.
Al-Sudani also elaborated that many investment opportunities in Iraq will be available soon as the Iraqi government comes to an understanding with international financial institutions to start carrying out development and reconstruction projects.