Assessment of Opportunities in Iraq, an Untapped Market, 2018

  • ID: 4629852
  • Country Profile
  • Region: Iraq
  • 168 Pages
  • Frost & Sullivan
1 of 3
From War, to Reconstruction and Economic Recovery

After three years under combat operations, the end of Iraq’s war against the Islamic State (ISIS) encourages the country’s reconstruction and economic reformation. As a result of healthy foreign international reserves, limited restrictions on cross-border fund transfers as well as an attractive legal framework that provides greater protection and incentives for foreign investors, investments in the country is expected to generate the highest rate of returns.

Apart from FDI, primary opportunity areas for global companies also include technology upgrades and manufacturing process improvement across all industries. Most industries operate on obsolete or old technologies as wars and earlier sanctions prevented access to the latest technologies.

As a national development plan, Iraq aims to boost the economy through privatization and development of oil & gas as well as minerals along the value chain. The plan is to not only privatize existing state-owned enterprises but also support SMEs with tax holidays and financial incentives. All in all, FDI inflow is expected to help the Iraqi Government to achieve the target within the next five years.

Enabled by the prospect of greater stability and security, Iraq has listed a total of over 212 projects ready for investment across more than 10 sectors. Of these sectors, oil and refineries are the most promising sector for investors followed by industrial and manufacturing, infrastructure, health and education, energy and agriculture sector.

With a population of nearly 40 million, Iraq is also emerging as one of the top consumer markets in the Middle East that primarily depends on imports. This recent study, Iraq’s Untapped Opportunities; Path to Investment Boom, highlights the growth potential in the following markets from 2018 to 2022 - Grains, Food & Beverages (8-10% CAGR), Pharmaceuticals (10-12% CAGR), Beauty and Personal Care (8-10% CAGR), Furniture and Homewares (5-6% CAGR), Footwear, Textile and Apparel (5-6% CAGR), Medical Devices (18-20% CAGR), Consumer Electronics (7-8% CAGR) and Plastic Products (9-10% CAGR).

Iraq plans to focus on the Oil & Gas value chain, downstream value chain, Minerals value chain, and tourism and financial services to move the GDP growth rate by 6% annually in the next 8 years. Hence, with a population of over 39 million people as of 2018, Iraq remains an attractive consumer market with the potential of over USD 40 billion.

READ MORE
Note: Product cover images may vary from those shown
2 of 3

1. Executive Summary

  • Iraq - A Brief Country Profile
  • Resurgence of a Nation Battered by Wars and Conflicts - Iraq, a Nation in Rebuilding!
  • Economy Heavily Reliant on Oil; Stabilization the Key Word in Years Ahead!
  • Country’s Business Attractiveness to Increase with Marginal Improvements
  • Rebuilding Process Needs to Address Key Business Challenges
  • Despite Challenges, Factors Aplenty Make Iraq an Attractive Investment Destination

2. Opportunities Outlook

  • Opportunities in post-ISIS Iraq
  • Redevelopment Plans Call for Large Investments in Construction and Infrastructure
  • Among the World’s Largest Oil Reserves, Immense Value Chain Opportunities Exist in Iraq; Huge Energy Demand-Supply Gap Needs Redressal
  • Battered Transportation Infrastructure and Underdeveloped Healthcare Ecosystem Provide Opportunities for Investment and Growth
  • Advancement of Telecom Infrastructure and Efficiency Enhancement Measures to Drive Telecom Investment Requirements
  • 3 Primary Opportunity Areas for Global Companies
  • Potential Consumer Market Opportunities

3. Demographic and Geographic Overview

  • General Overview - Geography
  • Demographic Trends - Population and its Structure
  • Demography and Prosperity Indices
  • Demographic Trends - Working Population
  • Demographic Trends - Labour Market
  • Demographic Trends - Poverty
  • Demographic Trends - Workforce Regulations

4. Economic Overview

  • Macroeconomic Overview
  • Economic Scenario - The Constituents of the Economy

5. Post ISIS War

  • The Impact of Military Conflict and Sanctions to the Iraqi Economy
  • The ISIS Situation in Iraq
  • A Nation in Rebuilding - Foreign Support for Iraq

6. PESTEL Analysis

  • PESTLE Analysis - An Overview
  • PESTLE Analysis - Key Factors

7. Industry Overview

  • Industry - Select Indicators
  • Shareholder Rights
  • Industry Supportive Actions and Policies

8. Trade & Investment Overview

  • Trade and Investment Environment
  • Iraq Merchandise Trade Profile 2017
  • Global Alliance to Rebuild Iraq, Expected to Improve FDI Indicators Over the Next 5 Years

9. Ease of Doing Business

  • Ease of Doing Business - Starting a Business and Permits
  • Ease of Doing Business - Electricity, Property and Credit
  • Ease of Doing Business - Investors and Contracts
  • Ease of Doing Business - Taxes and Trading Across Border
  • Ease of Doing Business - Insolvency

10. Tax Environment

  • Taxes and Duty Structure - Income Tax
  • Taxes and Duty Structure - Property Tax, Sales Tax, VAT
  • Taxes and Duty Structure - Custom Tariffs
  • Tax in Kurdistan Region
  • Tax and Customs Incentives and Exemptions

11. Business Environment

  • Challenges to Businesses in Iraq
  • Despite Challenges, Factors Aplenty Make Iraq an Attractive Investment Destination
  • Creation of Investment Zones to Channelise Investment Inflow
  • Iraq Free Zones
  • Guarantees and Privileges for Foreign Investment
  • Emergence of Private Sector to Boost Development Plans

12. Sector Profiles - Banking Sector

  • Banking Sector Overview

13. Oil & Gas Sector

  • Oil & Gas Sector Overview
  • Oil and Gas Reserves
  • Refining Capacity in Iraq
  • Oil & Gas Sector Historic Profile and Recent Developments
  • Petrochemical Industry Overview in Iraq
  • Fertilizer Industry Overview in Iraq
  • Oil & Gas Sector - Summary of Shell’s Projects in Iraq
  • Oil & Gas Sector - Snapshot of Proposed Projects
  • Oil & Gas Sector - Developments on the Iraq Flares
  • Oil & Gas Sector - Key Opportunities and Investment Avenues
  • International Oil and Gas Companies in Iraq

14. Energy Sector

  • Energy Sector Overview
  • Energy Sector Historic Profile and Recent Developments
  • Energy Sector - Proposed Plans and Key Opportunities
  • Energy Sector - Investment Opportunities
  • Energy Sector - Available Investment Opportunities

15. Minerals Sector

  • Minerals Sector Overview
  • Minerals Sector - Mapping of Available Resources
  • Minerals Sector - Proposed Plans and Key Opportunities
  • Minerals Sector - Investment Opportunities

16. Manufacturing Industries Sector

  • Industrial Sector Overview
  • Industrial Sector - Profile of State-Owned Enterprises (SOEs)
  • Industrial Sector - Profile of Private Sector
  • Industrial Sector - Profile of State-Owned Enterprises (SOEs)
  • Cement Industry Overview
  • Steel Industry Overview
  • Automotive Industry Overview
  • Automotive Industry Profile and Key Statistics
  • Automotive Industry - Future Opportunities and Proposed Plans

17. Agriculture and Food Sector

  • Agriculture & Food Sector - Overview
  • Agriculture Sector - Production Trends and Import Patterns
  • Farm Animal Rearing and Poultry Sector - Trends and Overview
  • Dairy and Meat Sector - Trends and Overview
  • Packaged Food and FMCG Sector
  • Agriculture and Food Sector - Outlook

18. Housing & Infrastructure Sector

  • Housing & Infrastructure Sector - Overview
  • Housing and Infrastructure Sectors - Investment Opportunities

19. Education Sector

  • Education Sector - Overview

20. Healthcare Sector

  • Healthcare Sector Overview
  • Healthcare Sector Profile

21. Water Supply and Sanitation Sector

  • Water Supply & Sanitation Sector Overview
  • Water Supply and Sanitation Sector Challenges
  • Government Strategy for Water Supply and Sanitation Sector
  • Iraq Water Treatment Industry Overview
  • Iraq Water Treatment Industry Plans and Projects

22. Telecommunications Sector

  • Telecommunication Sector Overview

23. Appendix - Investment Opportunities Across Sectors

  • Oil & Gas Opportunities
  • Electricity Opportunities
  • Renewable Energy Opportunities
  • Telecommunication Opportunities
  • Healthcare Opportunities
  • Environment Sector Opportunities
  • Housing Sector Opportunities
  • Available Investment Opportunities in the Housing Sector
  • Opportunities in Rail Sector
  • Opportunities in Transportation Sector, other than Rail
  • Opportunities in Industry and Minerals Sector
  • Opportunities in Education Sector
  • Legal Disclaimer
Note: Product cover images may vary from those shown
3 of 3

Loading
LOADING...

4 of 3
Note: Product cover images may vary from those shown
Adroll
adroll