Iraq Development Program - Iraq and Egypt agree to establish joint investment cooperation

Iraq and Egypt agree to establish joint investment cooperation (30/04/08) Iraq and Egypt have agreed to establish joint investment cooperation between Iraqi and Egyptian businessmen to support the investment process between the public and private sectors; the cooperation should include ten members of the Egyptian side and the same number of Iraqis.

		Riyad Ghareeb, Minister of Municipalities and Public Works and head of the Iraqi investment delegation visited Egypt last week and said that this cooperation was formed after the delegation met with Egyptian and Iraqi businessmen, the Governor of Cairo, the Egyptian Investment Minister, the Egyptian Minister of Works and Municipalities in addition to many Egyptian officials and businessmen from the public and private sectors in Iraq.
He pointed out that the delegation included the Minister of Housing and Construction, Head of Investment Authority, seven governors of central and southern Iraq and a number of Iraqi businessmen to get acquainted with the Egyptian market. The visit was instructed by His Excellency the Prime Minister, Nuri al-Maliki, to activate the role of Arab investment in Iraq and make 2008 the year of investment in Iraq. He explained that the delegation reached several agreements in addition to the establishment of this cooperation that will be the best start to invest in Iraq. Source: Iraq Directory

Iraq and Egypt agree to establish joint investment cooperation (30/04/08)