Tag Archives | National Investment Commission (NIC)

Healthcare Investment Opportunity in Baghdad

Ministry of Health and Environment in coordination with the National Investment Commission (NIC) are announcing an investment opportunity to build disease testing labs in Baghdad (according to investment law No. 13 for the year 2006 as amended and the regulations issued in its accordance) according to the specifications shown below: The investing company is required […]

Investment Opportunity: Customs Check-point in Diyala

State Commission for Customs, in coordination with the National Investment Commission (NIC), has announced an investment opportunity to establish a customs check point in Al Safra Zone / Al Uthaim in Diyala Province, and provide all necessary requirements and services (logistic and security). Interested investors are entitled to present their wish to the customs commission […]

Iraq Signs Convention on Settlement of Investment Disputes

The Chairman of Iraq’s National Investment Commission (NIC), Dr. Sami Al-Araji, has signed the Convention on the Settlement of Investment Disputes between States and Nationals of Other States (the ICSID Convention). Iraq has become the 160th country to sign the Convention and the 152nd country to become a member of the International Centre Settlement of […]

The New Iraq: 2015/2016 Discovering Business

Iraq Business News is delighted to bring you the latest major new guide to business in Iraq. Published by Allurentis, in association with Iraq’s National Investment Commission (NIC) and UK Trade Investment (UKTI), the sixth edition in the annual New Iraq series - The New Iraq: 2015/2016 Discovering Business - contains a wealth of case studies, commentary and data; […]

Investment Opportunity in New Baghdad Power Plant

By John Lee. Iraq's Ministry of Electricity has invited investment in a new power station at al-Yusufiyah, in Baghdad. The contract for the 1200-1400 MW plant will be granted on a build, own and operate basis. Further details are available from the Ministry of Electricity: [email protected] (Source: National Investment Commission) (Electricity image via Shutterstock)

Move to Private Sector Vital For Progress

The financial losses being made by Iraq’s state owned enterprises are “not acceptable” and the Government is pushing through new legislation to prioritise the growth of the private sector, the Prime Minister’s Chief of Staff told a high-level business conference in Baghdad last week. Speaking at the Iraq Britain Business Council (IBBC) event in the […]

Private Foreign Investment 'Vital for Iraq’s Growth'

Iraq’s Deputy Prime Minister, Dr Bahaa Al Araji (pictured), told a high level international conference in Baghdad on Wednesday that his country recognised the vital importance of foreign investment and Iraq was full of opportunity. Dr Bahaa said the Government was ready to extend all facilities and offer incentives for businesses to come to Iraq. […]

PM to Welcome Int'l Business to Baghdad

Iraq’s Prime Minister and many of his most senior colleagues will address a top-level international business conference being held in Baghdad later this week. Organised by the Iraq Britain Business Council (IBBC) together with Iraq’s National Investment Commission (NIC) and the Federation of Iraqi Chambers of Commerce, the event will also be attended by senior […]

NIC Calls for Grand Faw Port Investment

Ministry of Transport has announce the investment opportunity of constructing the Major Port of Faw (Al Faw Grand Port) according to investment law No. 13 for the year 2006, amended and its regulations. DESCRIPTION Project location: Faw Peninsula, Abdullah Khor beach, South of Iraq Project total area: 40 thousand donum Port area: 54 KM² Designed […]

NIC Invites Bids for Renewable Energy Plants

By John Lee. Iraq's Ministry of Electricity, in coordination with the National Investment Commission (NIC), have announced an investment opportunity to construct three solar power stations and one wind power station. The plants will capacity of between 5 and 10 MW, and be situated in Diwaniya, Najaf and Missan (Maysan) provinces: Diwaniya: A solar power […]