By John Lee.
Iraq's government has successfully attracted $100 billion in investments over the past two years, according to Mohammed Al-Najjar, advisor to the Prime Minister for Investment and head of the Iraq Development Fund.
He told the state-run Iraqi News Agency (INA) that a $5 billion agreement was signed recently with Egypt's Elsewedy Electric to establish three industrial cities across Iraq, focused on advancing industrial and educational infrastructure.
The deal includes a joint investment fund aimed at fostering smart industry and education, with Elsewedy Electric's commitment to build a new industrial and economic city designed to attract both local and international investors. Potential locations for this economic hub are being assessed in central and southern Iraq to benefit nearby regions with job creation and economic diversification.
(Source: INA)
This could be $200-250Billion if your country would revalue your currency around the world !!!