Improving the business and investment climate in Iraq


With financing from the Swedish International Development Co-operation Agency (Sida), the MENA-OECD Competitiveness Programme seeks to improve the Government of Iraq’s (GoI) ability to attract private investment through a policy dialogue and capacity building project (2014-2016). During the project, the Programme intends to work with the Baghdad-based central government and the Kurdistan Regional Government (KRG).

The Sida-financed project has four components designed to help the GoI address impediments to private investment into Iraq:

  1. Strengthening the Iraqi Investment Policy Framework seeks to assess Iraq’s legal and institutional investment framework and then to train GoI policymakers on methods to improve this framework.

  2. Investment Promotion Diagnostic and Development aims to increase Iraq’s National Investment Commission and the Provincial Investment Commissions’ capacities as the GoI’s main investment promoters and to align their operations with best practice investment promotion techniques.

  3. Economic Zones (Working Group on Investment Zones) seeks to establish a clear framework for the GoI’s three types of economic zones, which the Iraqi government can use to promote investment into strategic sectors.

  4. Integration into the Programme’s regional working groups and activities involves inviting GoI officials to planned working groups on investment, SME policy, and competitiveness. In addition, the Programme will invite GoI officials to its training activities in Kuwait for MENA economic policymakers and the OECD-MENA Women’s Business Forum.


This project builds on the Programme’s US Department of State-financed project (2007-2013) during which the Programme worked with the GoI to develop and implement policies designed to encourage Iraq’s private sector development. The policy insights and recommendations developed during the US Department of State project are available here.

A Project Working Group,  comprised of high-level GoI officials and other project stakeholders, advises the Programme’s development and implementation approach. An overview of the Sida-financed components is available in English and Arabic.


Working Groups

Competitiveness - old

Competitiveness - old

Capacity development for integrity in public procurement



Supporting Investment Policy and Governance Reforms in Iraq, OECD 2010

Policy Framework for Investment Toolkit

MENA-OECD Investment Programme

Principles for Private Sector Participation in Infrastructure

Paris Declaration on Aid Effectiveness and Accra Agenda for Action



For further information, contact: 

MENA-OECD Initiative: 


Iraq Project Insight cover
Project Insights: Promoting Investment in a Fragile Context | Arabic


Investor Outreach Event and Study Tour - Iraq Project: Improving the business and investment climate in Iraq – policy dialogue and capacity-building for key actors
25-27 May 2016, Berlin

Investment and inclusive growth in the midst of crisis: Lessons learned & ways forward
11 May 2016, Beirut

Investment policy and promotion in Iraq: Milestones and way forward in a fragile situation
10 May 2016, Beirut

Workshop on bilateral investment treaties and arbitration
18-21 April 2016, Beirut

Workshop on Investor Outreach,
2-3 February 2016, Beirut, Lebanon - Arabic

Workshop on Investment Marketing in Iraq,
22-23 September 2015, Beirut, Lebanon - Arabic

Workshop on Prioritising Sectors for Investment Promotion in Iraq,
15-16 June 2015, Beirut, Lebanon

Workshop on Iraq’s amendment to the investment law,
18-19 May 2015, Amman, Jordan

Training Session on Customer Relationship Management Systems and Investment Marketing, 30 March - 1 April 2015, Amman, Jordan

2nd meeting of the Project Working Group,
16 February 2015, Paris, France

Investment Facilitation Training,
30 November - 3 December 2014, Amman, Jordan

1st meeting of the Project Working Group,
21 May 2014, Baghdad, Iraq

Capstone Meetings with the Government of Iraq, 2-3 February 2014, Baghdad, Iraq


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