By John Lee.
Iraqi Prime Minister Mohammed Shiaa Al-Sudani has laid the foundation stone for the Baghdad International Hospital, to be developed by Apex Health, a subsidiary of Qatar's Estithmar Holding [Qatari Investment Holding Company].
Al-Sudani welcomed the Qatari delegation and praised the project as a new chapter in bilateral cooperation, recalling the visit of the Emir of Qatar, Sheikh Tamim bin Hamad Al Thani, who announced a package of investments worth between $5 billion and $7 billion (approx. €4.6-€6.4 billion) across multiple sectors.
He emphasised his government's commitment to creating a business-friendly environment by reducing bureaucracy, amending outdated investment laws, and implementing supportive regulations.
Key points from the Prime Minister's remarks included:
- Iraq has opened its doors to reputable international companies, including Qatari Investment Holding.
- The government has taken measures to support the private sector and attract investments exceeding $102 billion (approx. €93 billion).
- Despite regional instability, Iraq continues to pursue an investment-driven growth strategy.
- The Development Road project presents significant opportunities for global investors.
- The health sector remains a top priority, with progress seen through the implementation of the Health Insurance Law and partnerships with US and UK pharmaceutical companies.
- The government is supporting local drug manufacturers, upgrading hospitals, and introducing modern management models through joint operations with renowned medical institutions.
(Source: PMO)
Comments are closed.