Page 152 - investment-map-En-2021
P. 152
Iraq Investment Map 2020-2021 141
11. Services Sector
Services provision is considered as one of the main factors for a successful investment
environment, so GOI has been serious to pay much attention to provide best services as
it plays an essential role to achieve productivity and social stability.
The Government of Iraq has always sought to ensure the provision of good services and
infrastructure and to display investment opportunities to the private sector with
circulating a number of successful policies and programs in this regard.
After the restriction to regional traditional markets, Iraq markets have witnessed a big
expansion with a shift in consumption, purchasing and entertainment patterns due to
opening investment doors in this vital sector and the orientation towards constructing
new commercial centers the matter that led to the large increase in the number of the
commercial malls in the last three years with more new ones that are still under
construction. Services sector participation in GPD is around 10% in fixed prices 2017.