Iraq olive investment is gaining new momentum through a joint initiative with a Spanish partner. Prime Minister Mohammed S. Al-Sudani led a meeting of Iraq’s Higher Committee for Construction and Investment, where officials discussed key economic and development projects.
During the session, the Prime Minister highlighted the importance of simplifying administrative procedures. He urged all ministries to support projects that increase national revenue. These efforts reflect Iraq’s broader economic reform goals.
As part of the discussions, the committee approved a major Iraq olive investment in Wasit Governorate. An Iraqi-Spanish company will develop the country’s largest olive farm. This agreement followed Al-Sudani’s recent visit to Spain, where he met with the President of the International Olive Council.
Therefore,The Iraq olive investment aims to boost local agriculture while also supporting food sustainability. The project will create jobs, attract international partnerships, and strengthen the country’s farming industry. It also matches Iraq’s strategy to diversify income sources.
Additionally, the committee reviewed plans for several new residential communities. These housing projects target population growth and aim to address the nation’s housing shortage.
Meanwhile, health improvement initiatives were also discussed. One key proposal involved setting up an early cancer detection centre. The Prime Minister asked the Ministry of Health to assess this Iraq olive investment plan and report back for further action.
Moreover, the Iraqi olive investment is one of many recent projects reflecting the government’s push for sustainable development. Agriculture has become a focus area, with strategic partnerships helping accelerate progress.
Furthermore, these initiatives show Iraq’s desire to build international cooperation. By working with global experts, the country can apply new farming technologies and increase productivity.
In conclusion, This investment will not only boost the olive industry but also support the rural economy in Wasit. Farmers and local workers stand to benefit directly from this large-scale agricultural initiative.
