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Iraq Investment Map 2020-2021 131

8- Tourism Sector:

Iraq's cultural, religious and natural
environment is regarded as an
attracting factor for investors and
visitors since it is a country of ancient
civilization, international archeological
sites and sacred religious sites in
addition to the outstanding natural sites
in the northern parts of Iraq.
There is a plan prepared by the
government to develop and expand
transport infrastructure to serve the
largest number of tourists.
Tourism is regarded as an important
factor of the economic and social
development factors in the various
countries and it represents a main
resource of the national income
resources which provide job
opportunities through its different
projects and activities, accordingly; the government has been serious to lay
down plans to invest the country's cultural and tourism components. The big
changes that Iraq witnessed in all its economic and social sides have motivated
the state to adopt active policies and programs to draw the development
advancement features, the diversification and social mergers basement with
putting investment plans for the coming years aiming at laying the foundations
for an investment environment to improve the economic and cultural status
supporting the Iraqi economic pillars and reinforcing the social security.
Ministry of Tourism and Archeology is considered as the Iraqi governmental
side responsible for developing and sustaining the tourists sites in Iraq through
developing required infrastructure and maintaining its genuineness and impact
whereas this includes rehabilitating, maintaining and reviving specified sites,
contracting with archeological establishments and holding official teaching and
training programs.
There are lots of opportunities to invest and rehabilitate tourists' sites all over
the country.