Investment Opportunities in Iraq: Meeting with Elsewedy Electric CEO
In a promising development, the Iraqi Prime Minister, Mohammed Shia Al-Sudani, recently met with the CEO of Elsewedy Electric, Ahmed Alsewedy, to discuss potential investments in Iraq. The CEO expressed his company’s eagerness to invest in the country and collaborate in various sectors, with agreements to be announced soon.
The meeting highlighted the Iraqi government’s efforts to boost economic reform and stimulate industry and agriculture. Both parties shared a vision of fostering an ideal investment climate to attract major global corporations across different fields.
Specifically, discussions included opportunities in the gas and electricity sectors, the establishment of new industrial cities, and the development of a comprehensive service network. Moreover, there was emphasis on enhancing agricultural practices, with plans for a cutting-edge irrigation sprinkler plant.
This meeting signifies Iraq’s commitment to economic growth and development, showcasing the country’s potential for lucrative investment opportunities. Stay tuned for further updates on the collaboration between the Iraqi government and Elsewedy Electric.