Background of Baghdad Investment Commission

Baghdad Investment Commission is an independent legal entity, established by Investment Law no. 13 of 2006. Since its establishment in April, 2009, it has been striving to provide and develop an investment environment by investment-supporting legislations and openness to all ministries and investment relevant departments through its one-stop-shop which undertakes co-ordination and follow up of investment projects with relevant offices and authorities.

Vision:

Achieve comprehensive economic development in Baghdad Province, including solving the housing crisis, the elimination of unemployment and the achievement of sustainable development.

Goals:

  • Focus towards strategic projects in the housing sector while seeking to increase the allocation of land for housing projects.
  • Targeting industrial and agricultural projects that need employment.
  • Creating a business environment that will attract migrated Iraqi capital in addition to foreign.
  • Diversify the Iraqi economy.