Investment opportunities in Iraq
Iraq presents a unique opportunity for international investors seeking entry into a resource-rich, rapidly developing market. With the world’s fifth-largest proven oil reserves and ongoing efforts to diversify the economy, Iraq is investing heavily in infrastructure, housing, renewable energy, agriculture, and digital services. The government has launched major projects like the “Development Road” and new industrial zones, offering tax exemptions, land allocation, and profit repatriation guarantees to foreign companies. Iraq’s youthful population—over 60% under the age of 25—represents a growing consumer base and workforce. Strategic location at the crossroads of Asia, Europe, and the Middle East further enhances its role as a regional trade and logistics hub.
Legal Guide to Investment in Iraq
This guide provides a comprehensive overview of the legal framework governing foreign and domestic investment in Iraq. It highlights the key laws, procedures, and institutional support mechanisms that facilitate investment, with a focus on recent reforms and incentives aimed at creating a more transparent, secure, and investor-friendly environment. Whether you are exploring opportunities in infrastructure, energy, industry, or services, this guide serves as a practical resource to help navigate the legal landscape and make informed business decisions in Iraq.
Iraqi Investment Law
Iraq’s Investment Law No. 13 of 2006, along with its key amendments under Law No. 2 of 2010 and Law No. 50 of 2015, represents a major step toward building a modern and open investment environment. These laws were designed to reduce barriers for investors and offer tangible incentives such as tax holidays, full foreign ownership in certain sectors, and streamlined approval processes. The amendments introduced greater legal clarity, expanded investor rights—including land ownership for specific projects—and reinforced Iraq’s intent to position the private sector as a central force in economic development. Together, these legal reforms signal Iraq’s readiness to welcome strategic and long-term investments.