๐๐ผ "Iraq Goes Beyond Oil!" – Gov’t Unveils Bold Plan to Boost Non-Oil Revenues by 20% ๐ฎ๐ถ๐
(Hamoudi Al-Lami – Economic Development Update)
๐น Massive Economic Shift Incoming
Iraq is launching a new industrial platform within 15 days to accelerate private sector growth and drive non-oil revenues up to 20% in the coming months.
#BeyondOil #IraqDevelopment #PrivateSectorPower
๐น From $102B to $450B by 2030 ๐ฐ
Current investments total $102 billion, but the goal is $450 billion by 2030.
๐งฑ Industrial projects are being positioned as the backbone of Iraq’s economy.
#Iraq2030 #InvestmentGoals #EconomicBoom
๐น Private Sector = Main Driver ⚙️
Much of Iraq’s capital is either frozen or overseas. Now, it’s being redirected into industrial development to create tens of thousands of jobs and revenue for the treasury.
#JobsCreation #CapitalInflow #IndustrialRevolution
๐น License in 15 Days? ✅
A new electronic platform will cut licensing time for industrial projects from 2–3 years to just 15 days
!
๐ One portal, approvals from 14–18 entities, fully automated.
#FastTrackBusiness #DigitalIraq #EaseOfDoingBusiness
๐น Foreign Workforce Greenlit ๐
๐ฃ For the first time, Iraq opens doors to Syrian, Bangladeshi, and other skilled workers to support investor needs.
#WorkforceSupport #InvestorFriendly
๐น Rising Non-Oil Revenue ๐
✅ 2020: 7%
✅ 2025: 14%
๐ฏ Target: 20%+ in the near future
All thanks to reforms, automation, and industrial momentum.
#RevenueDiversification #IraqGrowth #NonOilEconomy
๐ฒ Stay tuned for more economic breakthroughs:
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#IraqEconomy #HamoudiAlLami #IndustrialProjects #IraqInvestment #Automation #EconomicReform #BRICS #GDPGrowth #DinarRevaluation #MiddleEastBusiness