A man works at a construction site in Iraq's northern province of Arbil September 25, 2010. REUTERS/Azad Lashkari
REUTERS/Azad LashkariAMMAN -- Arab countries were encouraged on Sunday to engage in infrastructure and construction projects worth approximately $22 billion designed to rebuild Iraq.
The call was made by Chairman of the Federation of Arab Contractors Fahd Al Hammadi at a conference held in Amman, with the participation of several Arab and foreign countries on available investment opportunities in Iraq and plans to rebuild the country.
"Currently, there are opportunities for investing in projects worth around $22 billion in Iraq in infrastructure and many other fields. Arabs need to do more to engage in the process of rebuilding Iraq," Hammadi said at the event, which was attended by hundreds of businesspeople from the Arab world.
"This event provides a great platform for building partnerships and exchanging ideas," said Hammadi, stressing that need for financing institutions and banks in the Arab world to effectively partake in the process of rebuilding Iraq through extending necessary finance for several projects.
"Rebuilding Iraq is a key tool to fight terrorism," said the ambassador.
"Iraq has given a lot to all, now it looks for your support to be rebuilt. We need Arab and international community's support," said the Iraqi diplomat.
The minister stressed on the role Jordan can play in the construction sector in Iraq.
© Jordan Times 2016