In an extensive meeting, Minister of Education Dr. Ibrahim Namis Al-Jubouri and Director of the Iraq Development Fund, Mohammed Al-Najjar, agreed to launch a project to build 30 modern schools in Salahuddin Governorate, following the allocation of 138 vital plots of land. The two sides also discussed implementation mechanisms, emphasizing the transformation of school plans from abandoned lands to densely populated areas to achieve both humanitarian and educational objectives.
2024/06/05
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The Iraq Development Fund has announced achieving investments worth $1.5 billion since its establishment, through the signing of 17 memoranda of understanding with international companies. They have also launched the Schools Investment Project to build 2000 schools through private investment. The Fund's Executive Director emphasized that these accomplishments represent a qualitative change in attracting private investments to government projects.
2024/05/24
The Board of Directors of the Iraq Development Fund held its third meeting chaired by the Fund's President and attended by the Ministers of Finance, Planning, Reconstruction, and Housing. During the meeting, discussions revolved around investment project plans, including industrial localization, school construction, and bus factories. Additionally, partnerships with international companies in areas such as irrigation, gas liquefaction, and road lighting were discussed, along with setting timelines for launching the "Rent-to-Own" project to address the housing crisis.
2024/05/20
The advisor to the Prime Minister for Investment and the CEO of the Iraq Development Fund, Mr. Mohammed Al-Najjar, visited the United Kingdom to enhance economic cooperation. The visit included meetings with officials from the British Foreign Office, the International Forum of Sovereign Wealth Funds, and the European Bank for Reconstruction and Development. Additionally, a memorandum of understanding was signed with Vertical Future company to develop vertical farming in Iraq.
2024/05/18
This week, a delegation from the Prime Minister's Office and the Iraq Development Fund visited the education directorates in Karbala, Najaf, Diwaniyah, and Maysan to follow up on the construction projects of new schools. Accompanying the delegation were school building engineers to inspect the allocated lands and address any obstacles. Additionally, the commencement of a project to build 1000 schools across various provinces of Iraq was announced, with distribution planned for nearby towns and districts.
2024/05/13
The Iraqi Development Fund signed a joint memorandum of understanding with the Turkish company Tiryaki Agro during the events of the Iraqi-Turkish Economic Forum, which commenced this afternoon, Monday, in the capital, Baghdad.
2024/04/22
On Wednesday, the Iraq Development Fund announced the signing of memoranda of understanding in Washington with American companies.
The fund stated that the memoranda were signed during a ceremony under the auspices of Prime Minister Mohammed Shia' Al-Sudani.
2024/04/18
On Thursday, the Ministry of Investment witnessed the signing of memoranda of understanding by 12 Saudi companies with the "Iraq Development Fund," aimed at enhancing cooperation on several strategic investment projects in the Republic of Iraq.
2024/04/04
The CEO of the Iraq Development Fund, Mohammed Al-Najjar, stated that the expected Qatari investments for the fund exceed $3.5 billion.
The Iraq Development Fund announced the launch of a school construction project, noting that it will be the first of its initiatives. The fund also highlighted that it will implement three types of projects across six sectors.
2023/1/24
