Doing Business in Iraq

 

There are significant opportunities in Iraq, a country of 31 million people?

The Iraqi economy grew by an estimated 10 percent in 2012 and is expected to grow at a similar rate in 2013, driven primarily by rising oil production and higher oil prices over the forecast period.

 

Iraq at a Glance

 

   *   Iraq has the world’s second largest proven oil reserves at 112 mn barrels;
   *   Iraq plans to quadruple oil production by 2017 to 12 mn barrels per day;
   *   Multi-billion dollar projects in numerous sectors in the years ahead;
   *   Demand for U.S. technology and services is strong; and
   *   The country’s infrastructure needs an extreme overhaul.

 

Please visit the U.S. Department of State for more information.