There Are No Agreements With Iraq Regarding Economic Zones

20 March 2022 Kuwait

The Direct Investment Promotion Authority confirmed that no agreements or memorandums of cooperation on the subject of economic zones had been reached with the Republic of Iraq.

In response to a question from MP Abdulaziz Al-Saqabi, the DIPA performed an economic feasibility assessment for the Abdali region, but it did not present any report on the Abdali Economic Zone to the Cabinet or its committees, according to a copy obtained by a local Arabic daily.

DIPA noted that the study only included a vision for the Abdali Economic Zone, which is anticipated to be 5.02 square kilometers in size.

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