Tag Archives | economic zone

Iraq Launches Plans for "$60bn" Al-Tayeb Economic City

By John Lee. The National Investment Commission (NIC) has announced the start of administrative procedures to designate the Al-Tayeb area in Maysan as a district, paving the way for its transformation into a major multi-service economic city and strategic investment opportunity. NIC Chairman Dr. Haider Mohammed Makiya said the Commission has received the master planning […]

MoU signed for Development of Al-Rafeel Economic Zone

By John Lee. Prime Minister Mohammed S. Al-Sudani oversaw the signing of a Memorandum of Understanding between the National Investment Commission (NIC) and Egypt's Talaat Moustafa Group for Real Estate Development (TMG) to develop part of the economic zone in Al-Rafeel [Rafael] City, west of Baghdad. The agreement involves Iraqi-Egyptian-Saudi investment and includes participation from […]