SPARCO Engineering Explores Investment Opportunities in Iraq

By John Lee.

The Chargé d'Affaires a.i. of the Embassy of the Republic of Iraq in Kuala Lumpur, Counselor Ahmed Ghanim Abduljabbar, has met with the leadership of SPARCO Engineering SDN BHD at the Embassy's headquarters.

Executive Director Raja Ariff and Managing Director Sumasni Sulaiman expressed the company's intention to launch commercial and investment activities in Iraq, particularly in oil, gas, petrochemicals, and agricultural fertilizers. They cited Iraq's improving investment climate, with growing competition among international companies to establish operations. SPARCO already has a significant presence in Saudi Arabia and Indonesia in related sectors.

The Chargé d'Affaires confirmed the Embassy's readiness to facilitate cooperation with Malaysian institutions and companies, noting Iraq's economic growth under government development plans and the country's openness to foreign investment in infrastructure, energy, and public services. He also encouraged Malaysian participation in exhibitions and conferences across Iraq as a way to deepen economic ties.

The meeting concluded with an exchange of commemorative gifts and agreement to maintain regular engagement to advance bilateral cooperation.

(Source: Iraqi Ministry of Foreign Affairs)

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