IRA IRAQ Iraqi Canadian Chamber of Commerce & Industry (ICCCI) - PowerPoint PPT Presentation

Iraq is a Great Market for a Modern Economy IRA IRAQ Iraqi Canadian Chamber of Commerce & Industry (ICCCI)

Investment Opportunities in Iraq • The peace and stability in the post- ISIS era. • 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. 2

Doing Business in Iraq • Iraq was ranked 150 out of 189 economies surveyed for ease of doing business. (the World Bank report) • Iraq is considered to be one of the world’s wealthiest nations that brims with potential for years to come. • Untapped opportunities exist and Iraq has more than 430 projects that have to be implemented in almost every sector ranging from IT, telecommunications, health care, education, construction, and banking. 3

FR FR Reasons to Invest or Doing Business in Iraq • Strategically important ports and airports and can prove to be a cost-effective trading and distribution location.. • The workforce in Iraq is well-educated. Over 26% are graduates or post-graduates and 34% have higher-level academic or technical qualifications. • Competitive wages and operating costs. • offers investors a period of ten years free from all taxes. 4

FR FR Central Bank of Iraq Chart Title The Central Bank of Iraq launched 1 IQD trillion to the financing budget for small and medium enterprises. This step will contribute towards the activation of the private sector and will enhance job opportunities among the CBI youth and enhance the investment as well. 5

FR FR Why ICCCI - Our Promise I ra q i C a n a d i a n C h a m b e r o f C o m m e r c e & I n d u s t r y Achieve The Objectives Trade & Commercial Services • To Serve as a Canadian point of • Virtual office / Soft Landing Assistance. reference for Iraq trade missions and • Our Offices / Soft Landing services enable Iraqi private & public sectors. companies to activate, in a short period of time, a functioning and effective office at a • To promote the development of very competitive cost, either in Iraq/ commerce and investment between the Baghdad Canada and Iraq. • Registration, Employment and • To work with individuals and Immigration & Work Permit organizations in Canada on matters of mutual interest. • Marketing and Business Services 6

Thank You. Yasser Al Mimar | President of ICCCI 403 891 5910 yasser@iccci.ca www.iccci.ca