Page 22 - investment-map-En-2021
P. 22
Iraq Investment Map2020-2021
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about 12.2 trillion dinars during the plan years. The required investments for the transport
and communications sector were estimated at 39.6 trillion dinars, which is required to
meet the requirements of reconstruction in the affected areas, in addition to the decline in
the infrastructure throughout the country with reference that the private sector is the main
contributor in this vital sector, where the proportion of its contribution to about 90%. The
services sector also needs large investments during the years of the plan estimated at 37.2
trillion dinars and up to 17% of the total investment estimated in the hope of re-activity to
this vital sector that touches the daily needs of citizens. The production and commodity
sectors (agriculture and manufacturing) accounted for 5.6% of their share, which is low
due to weak absorptive capacity, technological backwardness, unfair competition from
imported goods and poor implementation of related procedures and decisions.
Table (8)
Size of the estimated investments to achieve the target growth Billion ID
rates in the economic sectors 2018 - 2022
Sector Target 2018 2019 2020 2021 2022
growth
% rate
Agriculture 8.4 1280.8 1388.4 1505.0 1631.5 1768.5
oil 7.5 14579.5 15673.0 16848.5 18112.1 19470.5
Mining 1.0 5.6 5.7 5.7 5.8 5.8
Transformational 10.5 787.2 869.9 961.2 1062.2 1173.7
industry
Power & water 6.0 3591.1 3806.5 4034.9 4277.0 4533.7
Building & 6.8 2135.8 2281.1 2436.2 2601.8 2778.7
construction
Transportation & 7.0 6883.0 7362.8 7880.3 8431.9 9022.1
telecommunication
Trade 8.3 14479.9 1568.0 1698.2 1839.1 1991.8
Finance & 2.6 1077.9 1105.9 1134.7 1164.2 1194.5
insurance
Services 4.5 6803.3 7109.5 7429.4 7763.7 8113.1
Total 7.0 38592.2 41172.8 43934.2 46889.4 50052.5
32.6 34.8 37.2 39.7 42.3
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