Encouragingly, in terms of number of deals, transportation comes in third. Many of these deals take the form of international airlines opening new routes and offices in Iraq; an indicator that the country is becoming increasingly less isolated.
In terms of sheer number of deals signed, American firms appear to have made significant strides in 2012. American construction companies, particularly Hill International, have been active in Iraq, winning contracts from government ministries to provide project management oversight on large construction projects being implemented by local companies.
American firms have also been particularly active in defense, with seven total deals being signed in the sector. Turkey and the UAE remain very active in relatively small deals in construction and housing, while Japan and South Korea remain strong in providing engineering and technological services to oil and gas, and electricity projects.
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