The National Investment Commission (NIC), chaired by Dr. Haider Mohammed Makiya, hosted a broad meeting in Baghdad recently, bringing together leading political analysts, journalists, and media representatives to present Iraq’s investment achievements and future plans.
During the session, Dr. Makiya detailed that Iraq has attracted total investments of $102 billion over the past three years — including $69 billion in foreign and $33 billion in domestic investments — successfully engaging major global companies across key sectors such as energy, renewable energy, housing, industry, agriculture, tourism, and services.
The NIC’s recent portfolio also includes pioneering projects in solar and wind energy, waste-to-energy systems, green and blue hydrogen production, and the Baghdad Forests Sustainable Project, which aims to turn neglected areas of the capital into environmentally friendly green spaces using drought-resistant trees and modern irrigation systems based on treated water. The initiative supports pollution reduction, improved air quality, and ecological balance, contributing to a more sustainable and liveable Baghdad.
Looking ahead, Dr. Makiya presented the Commission’s upcoming investment roadmap, which includes the strategic Silica Sand Investment Project to boost domestic manufacturing industries, and the Blue Ammonia Project – a major clean-energy and advanced chemical initiative designed to support Iraq’s transition toward a low-carbon economy while diversifying national income sources.
During the open discussion, attendees raised questions about the timeline, financing mechanisms, and infrastructure readiness for the strategic projects, as well as the role of the private sector and measures to ensure transparency and accelerate investment procedures.
In closing, Dr. Makiya expressed his appreciation for the media’s crucial role as a partner in promoting development and investment, emphasising the Commission’s ongoing commitment to transparency and open communication with the public. He reiterated that genuine development is built on trust, dialogue, and shared responsibility in conveying accurate information to citizens.
