Privatisation Opportunities to Continue in Iraq

We want the ministry to become just a regulating and monitoring authority, and not a holding company running 60 companies”, he said.

But unlike the fire-sale of Russian state assets under President Boris Yeltsin, Iraq envisages a gradual and planned off-loading of these facilities over a ten-year period. This works out at an average of around two plants per month being offered to the private sector, so investors should have plenty of opportunities to consider.

If you’re considering venturing into the Iraqi market, Upper Quartile and AAIB are here to help you. For more information please contact Gavin Jones or Adrian Shaw.

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