Republic of Iraq Al-Anbar Investment Commission Invest in Anbar

Republic of Iraq Al-Anbar Investment Commission Common Questions:  Information  The environment for investors  Practical Steps

Republic of Iraq Al-Anbar Investment Commission For over 30 years, Iraq was a highly centralized economy. 30 years of underinvestment and no private sector

Republic of Iraq Al-Anbar Investment Commission Location:  The Western territory of the country.  Borders three country, Syria, Jordan and Saudi Arabia.  Provincial capital is Ramadi which is about 120 km from Baghdad.  138,228 sq. km in size, about 38,000 sq. km bigger than S. Korea, and about 39,000 sq. km bigger than Jordan, and roughly one quarter the size of Pakistan  Anbar consists of eight districts.

Republic of Iraq Al-Anbar Investment Commission Transportation Routes: Saudi Arabia Syria. Approximately 800 km to the port of Al-Ladiqiyya Jordan Approximately 600 km from the port of Aqaba to Traibeel

Republic of Iraq Al-Anbar Investment Commission Anbar Lakes

Republic of Iraq Al-Anbar Investment Commission Population:  1,600,000 Most of them are located in cities and towns such as Ramadi, Fallujah, Al-Qaim, Hit, Haditha, Anah, Rawah, Kabisa,

Republic of Iraq Al-Anbar Investment Commission Why Anbar:  Abundance of raw materials and natural resources such as: oil and gas, Silicate, Bentonite, Kaolin, Iron, Magnesium, Lime Stone, Phosphate Rocks, and Bauxite.  Abundance of water: Euphrates, three lakes, and groundwater  Abundance of fertile land  Local and regional markets  Eager labor force in multiple fields

Republic of Iraq Al-Anbar Investment Commission Progress:  Investment in the past three years reached two billion USD in various sectors.  Security is always improving. No foreign project has been attacked in Anbar.  Anbar’s budget is which is spent on developing the infrastructure in the province.

Republic of Iraq Al-Anbar Investment Commission An Overview of Investment Law 13 of 2006 and Anbar Investment Commission

Republic of Iraq Al-Anbar Investment Commission Al-Anbar Investment Commission (AIC) was established in 2008 in accordance with Investment Law 13 of 2006 in order to:  Promote investment opportunities within the province  Assisting qualified investors in taking full advantage of the investment law and overcoming any challenges. This includes obtaining property for the project and all related permits through the one-stop shop.  Create the investment map for the province

Republic of Iraq Al-Anbar Investment Commission Benefits of the Investment Law:  Transfer capital and profits abroad  Trade in the Iraqi Stock Exchange  Establish investment portfolios  Lease the land required for the project for 50 renewable years  The right to retain the land in housing projects

Republic of Iraq Al-Anbar Investment Commission Guarantees:  The right to employ non-Iraqis  Facilitate entry and exit to and from Iraq and residency for the investors and those employed in the project  The right to transfer wages abroad  The right to sell the exempted assets or relinquish it to another eligible investor  The right to sell the assets to another project not covered by the investment law  The right to import the exempted assets  The foreign investors enjoy additional benefits according to international agreements between Iraq and the investor’s country or according to multilateral agreements, in which Iraq is a signatory

Republic of Iraq Al-Anbar Investment Commission Exemptions:  Exemptions from taxes and fees for ten years  Exemptions on imported assets for the investment project  Spare parts imported for the project are also exempt  Projects for hotels, tourist institutions, hospitals, health facilities, rehabilitation centers, and educational and scientific organizations shall receive additional exemptions on import fees for the furniture, furnishings and supplies for the purpose of modernization and renovation once every 4 years

Republic of Iraq Al-Anbar Investment Commission Current Investment Opportunities in Anbar

Republic of Iraq Al-Anbar Investment Commission Opportunity No. 1 Building a state-of-the-art Glass Factory (Floating Glass). The Silicate available in Anbar is considered to be the purist in the world, with purity reaching 98% and low iron content.

Republic of Iraq Al-Anbar Investment Commission Opportunity No. 2 Nitrogen Fertilizer Factory There is an abundance of Gas in Al-Anbar Excellent local and regional markets

Republic of Iraq Al-Anbar Investment Commission Opportunity No. 3 Dairy Farms  Fodder production farms  Dairy products factory  Breeding and raising cows

Republic of Iraq Al-Anbar Investment Commission Opportunity No. 4 Health Tourism  Sulfur springs in Hit  Hotel + health and tourist resorts

Republic of Iraq Al-Anbar Investment Commission Please contact Anbar Investment Commission for:  Additional details on Greenfield and Brownfield investment opportunities, unique to Anbar.  The support and privileges available to investors  Our Investor One Stop Shop for all your investor needs and coordination with government entities

Republic of Iraq Al-Anbar Investment Commission Mr. Amer Farhan Chairman

Republic of Iraq Al-Anbar Investment Commission Thank You