The Government of Iraq attaches great importance to the investment sector and views it with tremendous interest and satisfaction. This should convey to all investors an encouraging message: the path to working and investing in Iraq is now wide open following the improved political, legal and economic climate in Iraq, including two notable milestones: the enactment of the Second Amendment to the National Investment Law No.
As outlined below, this Legal Guide is intended to provide a general introduction and up-to-date overview of certain aspects of the structuring and legal regime for invest- ment in power generation in Iraq. Of special note, the specific nature and location of a project, as well as changes to the Iraqi legal regime, may affect the information included herein. In particular, there may be different regulations and requirements in the Kurdistan region of Iraq which are not covered by this Legal Guide.
Iraq’s electricity distribution network is overloaded and in need of significant investment to be able to meet current and future demand. The system is also negatively impacted by the absence of effective metering, billing systems, and customer management systems, which leads to significant technical and non-technical losses.
Procuring Infrastructure Public-Private Partnerships 2020 is designed to help governments improve their PPP regulatory quality. By benchmarking the regulatory frameworks of economies around the world against internationally recognized good practices in procuring PPPs, this assessment identifies areas for improvement in the preparation, procurement, and management of PPPs.
Procuring Infrastructure Public-Private Partnerships 2018 is designed to help governments improve their PPP regulatory quality. By benchmarking the regulatory frameworks of economies around the world against internationally recognized good practices in procuring PPPs, this assessment identifies areas for improvement in the preparation, procurement, and management of PPPs.
In 2006, the Government of Iraq passed Investment law No. 13, laying out the foundation for attracting foreign investment into Iraq.
Iraq Investment law No. 13, 2006 laid out the foundation for attracting foreign investment into Iraq. The National Investment Commission (NIC) was established in 2007, to serve as promoter, facilitator, monitor, and policy advisor for investment into Iraq.
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