Developing Investments and International Agreements in Iraq

Transtec has been just awarded two contracts in Iraq. The first is an EU project on “Capacity building of Iraqi Officials for the Negotiation and Implementation of International Agreements”, and the second is a UNIDO contract for “Enhancing investments to Iraq through industrial zones development: Completion of a mapping and analysis of existing industrial zones in Iraq”.

The objective of the EU project “Capacity building of Iraqi Officials for the Negotiation and Implementation of International Agreements” is to build the capacity of the Government Institutions to manage and implement international treaties, by contributing to the objective of regional and international cooperation and integration. The purpose of the technical assistance contract is to assist in building the capacity of the Iraqi Government for the negotiation and understanding of the context, impact and consequences of international agreements. The project will provide the Government of Iraq with the means to prepare and train the personnel in charge of negotiation and implementation of international agreements. The project will start in April for a 22 months period. The Technical Assistance team will be composed by a Team Leader and Short Term expertise.

The UNIDO project “Completion of a mapping and analysis of existing industrial zones” is in line with the UNIDO past achievements and ongoing initiatives in Iraq. The project's immediate objectives are to promote investment and to support the growth of the private sector through the development of industrial zones. At the upstream level UNIDO's initiative aspires to assist the Government of Iraq in reactivating economic life, creating an enabling business environment for international and local investors, and opening avenues for industrial development and economic diversification over the long run. The project will start by the end of March for a 3 months period.


 
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