Iraq reconstruction brings golden opportunity to Jordan — Halaseh

AMMAN — Public Works and Housing Minister Sami Halaseh on Tuesday described a conference and exhibition on Iraq reconstruction, scheduled to be held in Amman in May, as a golden opportunity for Jordanian contractors and engineers.

Speaking at a press conference, organised by the Federation of Arab Contractors (FAC), Halaseh said the ministry had previously signed cooperation agreements with the federation that would provide investment opportunities for Jordanian contractors. 

On the sidelines of the exhibition, there will be a conference dedicated for discussing ways to reconstruct Iraq and examining present and future investment opportunities in Iraq in all sectors. 

The conference sessions will address Iraq's current, pending and future schemes, urgent needs, available investment opportunities, the role of Iraqi and Arab banks in reconstruction and investment, and the role of international organisations working in Iraq, FAC President Fahed Hammadi said.

Other subjects on the event's agenda include laws related to reconstruction and investment, possibility of securing necessary funds and loans from Arab financial institutions, he added, noting that Arab economists and officials will also attend the event to discuss the conference's work papers. 

Hammadi also highlighted that the event constitutes a real opportunity for Jordanian companies to start partnerships with their international counterparts seeking to establish commercial ties with Iraq through Jordan.

The conference will also provide local companies an opportunity to present their products and services to a wide variety of Arab and European participants, the FAC president concluded.