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Iraq to attract US investment

Iraqi Prime Minister Nouri al-Maliki is in America with over 40 Iraqi business leaders hoping to sign business and trade deals.

Iraqi Prime Minister Nouri al-Maliki is in America with over 40 Iraqi business leaders hoping to sign business and trade deals.

Other sectors

Mr Maliki spoke to potential investors at the US Chamber of Commerce that as well as oil, there were many other sectors which could be of interest, including healthcare, telecommunications, construction and financial services, reported the BBC.

Open for business

Mr Maliki said security had improved and corporations rather than generals were now leading Iraq's future. "All sectors of the economy are there, open for business for American business," added Mr Maliki.

Limitless

He said the possibilities for US firms were "limitless" and that they were best-placed to help Iraq diversify its economy.

Foreign investment in Iraq has this year totalled US$70bn billion. The US currently accounts for slightly more than a tenth of total foreign investment in Iraq