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Iraq Investment Map2020-2021
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*source: Iraqi Ministry of Oil/ studies, planning and follow-up Dept. according to its letter no.961
on 9/1/2019

Capital formation of the public and private sectors

The available data for the year 2015 indicates that private sector participation in capital
formation amounted to 34.7% compared to 65.3% for the public sector. In light of the
relevant economic trends and policies, the National Development Plan 2022-2018 aims to
strengthen the role of the private sector and to create appropriate opportunities to play its
real role in the development process, especially in light of the decline of the role of the
state and the suspension of many government projects due to the financial crisis and the
low size of available financial revenues. The development plan aims at the private
sector's contribution in investments to reach in 2022 about 38.3% compared to 61.7% for
the public sector as shown in the following table.

Table (2)

Public /private sector contribution to the capital formation in fixed prices
Sector Standard year 2015 Target year 2022
Public sector Private sector Public sector Private sector
% % % %
Agriculture 67.6 32.4 60.0 40.0

Oil 100.0 00 95.0 5.0

Mining 66.4 33.6 66.0 34.0

Transformational 39.5 60.5 30.0 70.0
industry
Power & water 80.8 19.2 75.0 25.0

Construction & 43.1 56.9 40.0 60.0
building
Transportation & 9.9 90.1 5.0 95.0
telecommunication
Trade 13.1 86.9 13.0 87.0

Finance 4.1 95.9 4.0 96.0
&insurance
Services 81.8 18.2 70.0 30.0

Total 65.3 34.7 61.7 38.3

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