The center for strategic and international studies at the University of Baghdad has organized a lecture on the impact of foreign investment of multinational companies on Iraq’s economy compared to a number of selected countries in the Middle East and North Africa (MENA).”
The researchers focused on the emergence of foreign investment of all kinds, which is an important tool for financial expansion and integration into the international platform for any state, and how the foreign direct investment in developing countries, the Middle East, North Africa and Iraq in particular can play an important roles in achieving sustainable economic growth, since such investments are directed to the industrial sector instead of the services sector, which will have a greater impact on the economic growth of the country. They added that Iraq has many limitations to attract capital and it suffers more from difficulties at the current time for the lack of a sophisticated economic structure, as well as its unprepared investment climate, a lack of a technically and professionally trained workforce at present, besides high inflation rates and other matters that make it urgent to find serious solutions so as to upgrade our econmy at all levels.