Iraq became a member of MIGA in 2008. The agency’s support to the country is guided by the World Bank Group’s interim strategy for Iraq, which calls for broad-based private-sector-led growth. MIGA’s support also highlights the agency’s commitment to supporting investment into conflict-affected and fragile states.
“This is a small project, but it represents an important step for both Iraq and MIGA,” says Nabil Fawaz, MIGA’s Global Head for Agribusiness, Manufacturing, and Services. “We are committed to supporting pri-vate sector development as the key driver of job creation. I hope this sends a signal to investors that Iraq is open for business, and that we are here to help developmentally sound investments—both small and large—become a reality.”
I would like to bank my money with the Trade Bank of Iraq.