Iraq Government to Open Doors to Foreign Investors at London Event

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• Publié par: symexco
• Nombre de lectures: 15
• Langue: English

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Iraq Government to Open Doors to Foreign Investors at London Event

PR Newswire LONDON, September 11, 2012

LONDON,September 11, 2012/PRNewswire/ --

Prime Minister Nouri al Maliki endorses and supports event High-level delegation from severalMinistries and headed by Deputy Prime Minister Financing of Iraq's reconstruction to be discussed with international banks and investors

Iraqto welcome foreign investors at majorLondon convention and offer stake in the country's economic and financial future.

A major investment conference forIraqwill get underway inLondonnext week from the 17-18 September (http://www.iraqfinance.co.uk). A high-level delegation, endorsed byIraq'sPrime Minister Nouri al-Maliki and led by the Deputy Prime Minister, Rowsch Shaways, will be welcomed by the UK Minister of State for Trade and Investment, Lord Green, atLondon'sGrange Tower Bridge Hotel. "Iraq is embarking on a major redevelopment programme and all government departments are preparing for huge growth and expansion"said Deputy Prime Minister Shaways."The aims and objectives ofIraqFinance 2012 complement the urgent needs and reforms required across the country". The delegation will discussIraq'sinvestment requirements and key opportunities for regenerating the country's financial sector. Iraqi Ministers and government officials are expected to call upon the support of the international community to help in financingIraq'sreconstruction. It's also a chance for foreign investors to discover the massive financial potential in a stabilisedIraq. The country is already emerging as a major centre for international investment following its long isolation from world markets. Major opportunities exist across several industries if the appropriate financing and domestic banking sector is fully established.Iraqwill use the conference to present its ideas for PPP and project financing, as well as a series of reforms and investments for its banking sector, including the restructuring of state banks. The event has already attracted widespread investor attention. Leading investment and private banks are taking part together with IOCs, technology companies, insurance providers, and other financial institutions, all hoping to capitalise on the reconstruction ofIraq'sphysical and financial infrastructure. Haider al Abadi, Chairman ofIraq'sParliamentary Finance Committee said: "This conference will contribute to the existing work of the committee by exploring mechanisms for regenerating the financial sector through active participation and dialogue with international clients, as well as to address any immediate and long term needs for reform".

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Notes to Editors

Event:Iraq Finance 2012 - international conference on finance and banking in Iraq Date: Tuesday 18 - Wednesday19 September 2012 Venue:The Grange Tower Bridge Hotel Website:http://www.iraqfinance.co.uk

Key Confirmed Attendees and Speakers:

H.E Dr Rowsch Shaways,Deputy Prime Minister H.E Dr Qusayl Al-Suhail,First Deputy President of Parliament H.E Dr Rafe Al Essawi,Minister of Finance H.E Dr Sinan-al-Shabibi,Central Bank Governor H.E Dr Ali Yusuf Al Shukri,Minister of Planning and Development H.E Eng. Mohammed Al-Darraji,Minister of Construction & Housing H.E Dr Sami Al-Araji,Chairman, National Investment Commission H.E Dr Haider Al-Abadi,Chairman, Parliamentary Finance Committee Hamdiyah-al-Jaff,Chairman and President, Trade Bank ofIraq

To register or enquire about a media pass for Iraq Finance 2012, being held at the Grange Tower Bridge Hotel,London, 18 - 19 September, please contact the organisers on [e-mail] or call [phone].