Prime Minister Muhammad al-Sudani affirmed that the Development Road Project will transform Iraq into a country open to the world.

The media office of the Prime Minister said in a statement, “Today, Saturday, Al-Sudani chaired a meeting that included a number of businessmen and investors from the Iraqi private sector.

The statement indicated, “The meeting discussed ways to remove obstacles that hinder the work of the private sector, and support it to contribute to the implementation of the government’s plans for development and investment.”

Al-Sudani added, “The government’s vision of supporting the private sector, which was embodied in a package of cabinet decisions and procedures that serve this sector, stressing the government’s adoption of the Iraq Fund for Development and major projects, as the Development Road, which represents important paths to reforming the economic situation, addressing the unilateral economy and creating the investment environment.”

Al-Sudani stressed that the Development Road project will transform Iraq into a country open to the world, which is what made financial and economic institutions deal with the project, which does not stop at regional countries but rather links global countries and economies such as China and Europe, with its integrated projects, such as the port of Faw and the major industrial city, and the creation of large industries that cover the needs of Iraq and the region.

He explained that the government has launched major projects, such as manufacturing projects, petrochemicals, and fertilizers, and there are serious requests from local and regional companies to invest in gas, phosphate and sulfur, as well as integrated residential city projects, which include all economic activities.

Al-Sudani directed that specialized meetings be held between representatives of the private sector and officials in the state, to find a package of measures that contribute to facilitating the work of the private sector in Iraq.

Source: National Iraqi News Agency