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Iraq at a Glance

About Us

The NIC, led by Chairman Dr. Sami Al-Araji, was established to be the face of private investment in Iraq and serve as promoter, facilitator, monitor, and policy advisor for investment into Iraq.

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Contact Us

Have questions about investing in Iraq?

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Bismayah New City

Welcome

Dr. Sami Al Araji

Dear Investors:

Welcome to Iraq

We have embarked on a mission of rebuilding Iraq by attracting Iraqi, Arab, and foreign capital investment. Such investment will contribute to the transfer of knowledge and technology in all Iraqi economic sectors currently being transformed from centralized economy to a market economy based on free competition, equal opportunity and the development of the private sector. The year 2011 had witnessed receiving many official delegations, businessmen and international companies and holding various forums with signing several agreements that facilitate the smooth entrance of investors into Iraq and guaranty them lots of privileges and incentives according to investment Law 13 of 2006:

- The One Stop Shop in the National and Provincial Investment Commissions which facilitate the processing of the investment licenses applications, issuing the license, allocating the land, securing tax exemptions, and facilitating the entry and exit of investors and their employees.

- Providing potential investors with the updated Investment Map which lists the investment opportunities with a geographic description at the different provinces as well as a product and service sectoral description.

- The Investor Guide, which provides the necessary information to facilitate entry and exit procedures to and from Iraq and how to enjoy the many benefits of the investment law.

- Amendment of Investment Law 13 of 2006 which guarantees the ownership of land by local, Arab and foreign investors for housing projects based on law No. 2 of 2010 and the amendment of the Statute (7) which organizes the lease rates for lands invested in the various fields.

We are happy to address any questions, concerns, or suggestions you may have. Please email us or visit our headquarters in Baghdad. We are committed to providing all necessary services to achieve a mutually beneficial relationship.


Dr. Sami Al Araji
Chairman
 National Investment Commission

Baghdad- Iraq

 

The One Stop Shop

The One Stop Shop is the National Investment Commission's single point of contact for investors interested in entering Iraq. It aims to facilitate the investment process by providing investors with a streamlined and hassle-free licensing and investment services. In this capacity, the One Stop Shop is the gateway to investments throughout Iraq.

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Latest News

To Bismayah Registrars - Paying First Installments

According to Ministers Council approval … NIC is announcing the readiness to receive the first installment of 25% of the housing unit value, registered upon within Bismayah New City project, within the next few days and also has the pleasure to invite new registrars.

College of Engineering, Michigan University Granted Dr. Sami Al-Araji the Outstanding Graduate Award

Dr. Sami Al-Araji, the chairman of The National Investment Commission was granted the Outstanding Graduate Award during a ceremony held in this occasion in recognition of his outstanding scientific and professional role he led in his carrier over the past years, both nationally and internationally.

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Bismayah project still ok

In response to what has been written by Hashim Sulman in Al-Mashraq newspaper in its issue no .2350 0n Sunday, April 29, 2012

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