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Iraq expects decline in foreign investment in 2013
- Iraq: Monday, October 29 - 2012 at 07:58
Iraq's National Investment Commission has said foreign investment in the country is set to drop slightly to $35bn this year, as potential investors, including its Gulf neighbours, hesitate in the face of the continuing regional tensions and political insecurity, Zawya Dow Jones has reported. "Last year, that number was slightly more... at about $37bn," the commission's vice chairman, Salar Ameen told the news service. "The Saudi companies have shown interest in the agriculture sector, but nothing has been signed. Qatari investors expressed interest in the energy sector, and in building a petrochemicals plant, but that remains intentions so far," he added.
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