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                                                                            Iraq Investment Map2020-2021



                   Second: Investment and Growth

                   Required investment in both public and private sector to achieve the target growth rate of
                   7%  with  a  total  amount  of  (220.6)  trillion  dinars  equivalent  to  (186.7)  billion  dollars
                   throughout the years of the plan (2022 -  2018)  of the amount of 132 trillion  dinars  is
                   expected to be provided by the state budget as governmental investment and the rest up to
                   88.6  trillion  dinars  reflects  the  private  sector  investments  in  all  forms  and  as  shown
                   below:
                                                         Table (7)

                         Estimated revenues and investments for 2018-2022 plan   Trillion ID

                         Total envisaged revenues                                    440.0


                         Total required investments                                  220.6

                         Estimated investment in the state budget                    132.0

                         Envisaged investment in the private sector                  88.6


                   - Governmental investment
                   The expected governmental investment during the years of the plan is about 132 trillion
                   dinars, equivalent to 111.7 billion dollars and constitutes about 60% of the total required
                   investment of 220.6 trillion dinars, as shown in the table above.

                   - Non-governmental investment (private)
                   The plan envisages that the private sector will contribute 88.6 trillion dinars, equivalent
                   to 75 billion dollars during the years of the plan 2022 - 2018. It reflects the private sector
                   investments in Iraq in all its directions and activities, which constitutes 40% of the total
                   investments required to achieve the target growth rate in the plan.

                   - Sectoral distribution of required investments
                   In  order  to  achieve  the  sectoral  targeted  growth  rates,  we  list  below  the  estimated
                   investments required annually for each sector of the economy, where it is clear that the
                   oil  sector  continues  to  get  a  high  proportion  of  investments,  around  38.4%,  a  total  of
                   about 84.7 trillion dinars for the period 2022 – 2018. This comes in line with the need of
                   this  sector  for  large  investments  as  a  capital  intensive  sector  that  needs  advanced
                   technology  as  well  as  to  meet  the  obligations  of  the  international  oil  companies.  The
                   infrastructure  sectors  (electricity,  water,  construction,  transport  and  communications)
                   together  account  for  about  half  the  estimated  investment  up  to  49.5%  as  the  need  for
                   electricity and water sector was estimated to around 20.2 trillion dinars for the next five
                   years, While the estimated investments required for the construction sector amounted to

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