Eduba Investment Program

Introduction:
Introducing the groundbreaking IDOPA Investment Program, a collaborative initiative by the Iraq Fund for Development and inspired by the historic legacy of the Sumerian IDOPA (House of Tablets). As the first of its kind in Iraq, this program pioneers private sector engagement to address the critical need for schools and bridge the educational gap in the nation. By leveraging strategic investment, we aim to revive the ancient legacy of education and continue the path of civilization by spreading knowledge and culture across Iraq. Our mission is to construct public schools that will equip our children with the skills and insights necessary to thrive in the future labor market. Join us in building a brighter future for Iraq through the IDOPA Investment Program. 

Program Overview:
The IDOPA program's initial phase aims to construct 400 schools through private sector investment. These schools will be offered as investment opportunities through a rent-and-own system, a method proven successful globally and now introduced in Iraq. Investors undertake the construction, establishment, and maintenance of schools, while the Iraq Development Fund guarantees a stable rental income for a minimum of ten years. Post-lease evaluation determines whether the school is transferred to the Ministry of Education or other entities, or if the maintenance contract with the investor continues.
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Iraq's Educational Needs:
Iraq faces an urgent requirement for schools, with 8,578 new schools needed across all educational levels. Currently, around ten million students are accommodated in 16,000 schools, including 1,560 in dilapidated conditions. Additionally, approximately 5% of existing schools require annual rehabilitation or reconstruction due to deterioration. The burgeoning population necessitates an increase in school infrastructure,
further escalating the demand.​