Why Invest in Iraq?

Iraq is one of the last major emerging markets in the MENA region. With abundant resources, a youthful population, a strategic location, and strong reform momentum, Iraq offers high potential returns for early foreign entrants willing to build long-term local partnerships.

Market Overview

  • ✅ Population: Over 43 million people (World Bank, 2023)
  • ✅ Youth: 60% under the age of 25 (UNDP, 2022)
  • ✅ GDP: $153 billion GDP and growing (IMF, 2023)
  • ✅ Oil reserves: 5th largest in the world (OPEC)
  • ✅ Internet penetration: 75%+ in major cities (DataReportal, 2024)
  • ✅ Mobile-first economy: Over 38 million SIMs, growth in fintech and e-commerce

Key Growth Sectors

Technology

Massive demand for IT infrastructure, cloud services, cybersecurity, and e-government solutions.

Construction

Rebuilding efforts and infrastructure plans worth $100+ billion by 2030 across roads, schools, and housing.

Energy & Renewables

Strong growth in upstream oil/gas plus solar investments under new energy diversification policy.

Healthcare & Pharmaceuticals

High demand for private hospitals, medical supply chains, and localized manufacturing of essential drugs.

Logistics & Trade

Strategic location linking Turkey, GCC, and Iran; growth in ports, dry docks, and overland corridors (e.g. Dry Canal Project).

Legal & Investment Incentives

Iraq's Investment Law (Law No. 13 of 2006, amended 2015) offers:

  • ✅ Up to 10 years of tax exemption for foreign companies
  • ✅ 100% ownership rights for foreign investors
  • ✅ Land lease rights up to 50 years for projects
  • ✅ Free profit repatriation and capital mobility
  • ✅ Access to free zones with reduced bureaucracy
  • ✅ One-stop-shop approvals under National Investment Commission

The Time to Enter is Now

With Iraq’s post-conflict stabilization, international backing (World Bank, USAID, UNDP), and private sector liberalization, early movers will have a clear advantage. Let BVH help you take the first step.

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What the World Says About Iraq's Potential

Iraq is once again drawing the attention of international economic bodies, global investors, and multinational corporations. Despite years of instability, the long-term fundamentals remain strong — and many respected institutions are signaling a renewed confidence in Iraq’s future.

World Bank

"Iraq’s non-oil economy is poised for recovery, supported by improved security conditions and public investment."
— World Bank Iraq Economic Monitor, 2023

International Monetary Fund (IMF)

"Iraq’s fiscal position is strong. With reforms and investment, it could unlock inclusive growth across all sectors."
— IMF Country Report No. 23/55

General Electric (GE)

"We believe in the long-term potential of Iraq and are committed to supporting its infrastructure and energy sector."
— GE Iraq Country Statement

UNDP Iraq

"Iraq's youth and digital potential can play a key role in the country's stability and inclusive growth in the coming decade."
— UNDP Iraq Strategic Plan

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