During his Meeting with the Australian Ambassador
NIC Chairman Confirms that Iraq Has a Promising Market

NIC Chairman, Dr. Sami Al- Araji discussed means of reinforcing economic cooperation between Iraq and Australia with the Australian Ambassador in Baghdad.
Dr. Sami said during the meeting that the Iraqi market is a promising one for the huge investment opportunities it implies in all sectors and in the forefront the infrastructure projects asserting the Commission’s readiness to receive the Australian specialized companies to participate in the ongoing investment process.
The Australian ambassador in his turn stressed his country’s desire in creating real economic partnership with Iraq through participating in the currently going investment process in a way that serves both sides.

During an official ceremony in the facility of the Egyptian Ministry of Investment
National Investment Commission concludes the program for the training of its staff
In Cairo

The ninth session was the last one of the training program of the National Investment Commission staff in the Egyptian capital, Cairo. The program was agreed on according to the memorandum of understanding signed by the chairman of the National Investment Commission, Dr. Sami R. Al-Araji, representative of the Iraqi government with the Egyptian Minister of Investment Dr. Mohiuddin representatives of the Egyptian government in February for 2010.
The economic advisor at the National Investment Commission , Mr. Abdullah Al-Bandar, head of the Iraqi delegation said that the aim of participating in these courses is to see the experiences of other countries in the field of investment and management of free zones and investment zones and take advantage of the extensive experience owned by these countries, as well as the exchange of views, that can be of benefit to the investment process currently in Iraq in general, especially when Egypt has a long experience in this area that can extend to four decades.
Al- Bandar added, that these courses are part of the technical investment cooperation between Egypt and Iraq, and more than (488) employees working in many state institutions graduated from these courses, including in addition to the National Investment Commission, the Stock Exchange Commission, Baghdad Mayoralty and investment commissions in the provinces.
Iraq’s Ambassador to the Republic of Egypt Mr. Nizar Khairalla said that the Iraqi government aims at the rehabilitation of Iraqi cadres to be able of promoting the institutional work in the country to boost the Iraqi economy, expressing the Iraqi government appreciation to Egypt for their support and attribution to the Iraqi delegations visiting Egypt for training.
Meanwhile, Chairman of the Egyptian Investment Commission, Mr. Osama Saleh, said that the training programs that have been implemented, included a specialized program at the Center for Leadership Development with respect to management strategy, government and social responsibility, in addition to the program for the development of investment services, creation of business environment, promoting investment areas and investment policy in the provinces and how to explore investment opportunities in the provinces, indicating that trainees visited the main Investment Services Complex and some of its main branches in the provinces.

The Chairman of the National Investment Commission urged in his speech at a gathering of the Iraqi community in the city of Detroit / Michigan to participate in building Iraq, based on their specialization, and the possibilities available to each individual or institution, announcing his readiness to support efforts and provide the appropriate atmosphere for each fruitful opportunity that may serve the country and the people
This came during a visit paid by the Chairman of the NIC, Dr. Sami al-Araji to the state of Michigan recently within the official business visit to the U.S. starting with the city of Detroit. His Excellency held a series of meetings with American, Arab and Iraqi businessmen,investors and economists. He also met with the mayor of Dearborn, Mr. Jacques Orly, and a number of investors and members of the Arab American Chamber of Commerce. He presented NIC program, the economic development plans and the investment climate in Iraq.
He also stressed in his speech that the nature of his visit to the United States of America is to follow-up and activate the official economic and investment affairs between the two countries, pointing to the achievements of the NIC in terms of completed projects and existing ones which accelerated the economic development in the country and support of labor and employment through the creation of investment projects covering the largest area of the country and reflect its benefit on the country and the Iraqi people.

At the end of his speech and after answering a lot of interventions and questions from the audience, He expressed his thanks and gratitude of the Iraqi community and the Consulate General of the Republic of Iraq in Detroit, which worked on preparing this fruitful meeting.
His Excellency presented to the Iraqi Consulate General a model of a memorial gift symbolizes the Iraqi palm in the name of the National Investment Commission. HE Mr. Louay Nouri al-Bashar the Iraqi Consul General received it.

It should be noted that the Consulate General of the Republic of Iraq in Detroit organized this meeting with the Iraqi community in the state of Michigan, where the meeting was opened with a speech by His Excellency Consul General of the Republic of Iraq in Detroit, Mr. Louay Nouri al-Bashar who welcomed His Excellency the Chairman of the National Investment Commission, Dr. Sami R. Al-Araji. He explained the nature of NIC and its work, functions, achievements and the nature of the visit of His Excellency the Chairman of the National Investment Commission to the United States of America, explaining that it is an official working visit that focused on the follow-up to a lot of issues between the two countries, most important is the economic investment one

This meeting was attended by a number of businessmen, academics, journalists, representatives of civil society organizations and some prominent figures.

During his meeting with the Kuwaiti Ambassador to Baghdad

NIC Chairman Asserts that Iraq has Huge Investment Opportunities

NIC Chairman, Dr. Sami Al- Araji discussed today with the Kuwaiti Ambassador to Baghdad, Mr. Ali Al- Mu’amen means of investment cooperation between the two countries.
Dr. Sami said during the meeting that Iraq is a fertile land for investment for the big investment opportunities it has in all economic fields especially the infrastructure projects which directly touches the Iraqi people life, welcoming the specialized Kuwaiti companies to participate in the ongoing investment process and ahead of all the project of the One Million Housing Units to be built all over Iraqi provinces.
The Kuwaiti Ambassador confirmed in his turn his country’s willingness to enter the promising Iraqi market and to participate in the investment process serving both countries benefits.

During receiving the Netherlands Ambassador to Baghdad

NIC Chairman Confirms the Commission’s Willingness to create Huge Economic Partnerships between Iraq & Netherlands

NIC Chairman, Dr. Sami Al- Araji confirmed, during his meeting with the Netherlands Ambassador to Baghdad, the National Investment Commission’s willingness to create huge economic partnerships between Iraq and Netherlands in various sectors according to an investment strategy aiming at reinforcing the economic relations between the two friendly countries.
Dr. Al- Araji said during the meeting that the commission is ready to grant investors willing to invest in Iraq all facilities and incentives guaranteed by Iraqi investment law No. 13 for the year 2006 and its amendments, referring that the Iraqi market is a promising one and that Iraq has a very fertile soil for planting great investments in addition to the need of the Iraqi public and private sectors to the Netherlands companies expertise in the diverse economic fields like (Agriculture, Water resources and infrastructure projects).
In his turn, the Netherlands Ambassador to Baghdad confirmed his country’s government desire to reinforce the bilateral economic relations and to utilize the available opportunities to enter the Iraqi market in a way that serves the two countries benefits.