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HomeEconomyIraq Grants 1,867 Industrial Project Licences Across Multiple Sectors

Iraq Grants 1,867 Industrial Project Licences Across Multiple Sectors

Iraq issued 1,867 licences for new industrial projects during 2025, demonstrating strong industrial growth and investment opportunities.

Ali Ibrahim, Director General of the General Directorate for Industrial Development, reported that these licences cover a wide variety of sectors. These include food, chemical, metal, construction, textile, and engineering industries. Consequently, industrial growth spreads across all Iraqi governorates, creating opportunities for businesses in both urban and rural areas.

In addition, the directorate issued 856 land-allocation letters for industrial projects. It also provided 1,611 needs-assessment certificates for fully established projects. These measures ensure that Iraq industrial licences support practical, well-planned, and viable industries. They also encourage entrepreneurs to start projects in underdeveloped areas.

Moreover, the relevant authorities granted 400 certificates of establishment completion to projects that met the requirements of Industrial Investment Law No. 20. The directorate also renewed 2,017 existing licences. In addition, 154 previously suspended licences were reinstated. These actions strengthen the industrial sector and promote continuity, stability, and investor confidence.

These licences encourage new investment and create job opportunities. Industrial expansion improves local economies, increases production capacity, and boosts regional development. Consequently, Iraq industrial licences play a key role in driving national economic growth and supporting long-term development plans.

Experts note that the variety of industrial sectors involved ensures balanced growth. By supporting food, textile, and engineering industries, Iraq strengthens domestic supply chains and enhances export potential. This approach creates a sustainable industrial environment and ensures diversified economic growth across sectors.

Furthermore, the government continues to focus on improving industrial regulations and administrative support. Policies that simplify licensing, reduce delays, and attract investors contribute to the growth of industrial projects. By continuing these reforms, Iraq industrial licences are expected to rise steadily in the coming years.

In addition, these licences also align with Iraq’s broader economic diversification goals. Supporting multiple sectors, from food processing to advanced engineering, helps reduce dependence on oil revenues. It encourages private sector development and attracts foreign investment.

In conclusion, Iraq’s issuance of industrial licences demonstrates a strong commitment to economic diversification. By supporting new projects, renewing existing ones, and promoting investment, Iraq strengthens industrial capacity, boosts employment, and encourages sustainable growth nationwide.