The Baghdad Investment Commission (BIC) granted 421 licenses for investment projects across all sectors last year.
The Commission said in a statement that the commercial sector accounted for 114 investment licenses. It said 93 licenses were granted to the tourism sector; 83 to the residential sector; 45 to the industrial sector; 36 licenses to the educational sector; 27 licenses to the health sector and 23 to the agricultural sector.
(Writing by Majda Muhsen; Editing by Anoop Menon)
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