Chairman of the National Investment Commission discusses prospects for coordination in investment projects with the Saudi Council for Development Chairman.

The Chairman of the National Investment Commission, Dr. Haider Muhammad Makiya, met in Riyadh today, Sunday 3/19/2023, with the Chairman of the Saudi Council for Development, Mr. Sultan Abdul Rahman Al-Murshed, they discussed expanding the horizons of development projects between the two countries.

During the meeting, attended by the Iraqi ambassador to Riyadh, Dr. Abdul Sattar Hadi al-Janabi, NIC Chairman confirmed the interest of the Iraqi government in developing the investment sector, and expanding dealings with foreign investors, indicating that NIC has plans to move the sector towards large projects.

He added that the meeting with the Saudi side discussed mechanisms for allocating development projects from different sectors, establishing model health centers and schools throughout Iraq, silos in specific areas in a number of governorates, as well as infrastructure for residential cities.

For his part, the Chairman of the Saudi Council for Development, Mr. AlMurshed, conveyed the greetings of the Government of the Kingdom of Saudi Arabia to the Iraqi delegation and its willingness to open horizons for joint coordination in the investment sector, pointing out that the Saudi side is working to strengthen partnership with the NIC and develop it towards various sectors that meet the needs of the Iraqi market.