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Iraqi-Spanish Company to grow Olives in Wasit

Iraq Business30-04-2025

By John Lee.
Iraqi Prime Minister Mohammed S. Al-Sudani chaired the regular meeting of Iraq's Higher Committee for Construction and Investment on Sunday, reviewing agenda items and proposed projects, and making key decisions.
He underscored the need to simplify administrative procedures to support the investment environment and called on ministries to focus efforts on projects that maximise state revenues, aligning with the government's financial and economic reform strategy.
The committee approved several residential projects and endorsed the establishment of the largest olive farm in Wasit Governorate by an Iraqi-Spanish investment company - a project resulting from Al-Sudani's visit to Spain last year, where he met the President of the International Olive Council.
Discussions also included new healthcare initiatives, notably a proposed early cancer detection centre. The Prime Minister instructed the Ministry of Health to review the project and submit a report to the Investment Committee for further consideration.
(Source: Prime Minister's Office)

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