Industrial Cooperation

The Iraq–Italy Business Council (IIBC) plays a pivotal role in advancing Iraq’s industrial development by fostering strategic cooperation between Iraqi enterprises and Italian industry leaders. Through innovation-driven partnerships, the Council seeks to strengthen Iraq’s manufacturing base, attract foreign investment, and promote the transfer of modern Italian technologies to support sustainable industrial growth.

At the core of the Council’s industrial initiatives lies the vision of transforming Iraq into a regional hub for production, export, and technological innovation.

Key areas of focus include:

• Investment Facilitation in Manufacturing:
  IIBC connects investors, government institutions, and industrial companies to identify viable investment opportunities across various manufacturing sectors — including construction materials, machinery, automotive parts, and renewable energy components. By doing so, the Council supports the diversification of Iraq’s economy and the creation of competitive, export-oriented industries.

• Establishment of an Italian Industrial City in Iraq:
  One of the Council’s landmark initiatives is the development of an Italian Industrial City — a modern, fully integrated industrial zone that brings together Iraqi investors and Italian enterprises. The project aims to combine Italian design, technology, and management expertise with Iraq’s local resources and strategic location, creating a model for industrial excellence and bilateral cooperation.

• Supporting Italian Factories in Iraq:
  IIBC facilitates the establishment of Italian manufacturing facilities in Iraq by leveraging the country’s competitive production costs, skilled workforce, and growing domestic demand. These ventures not only create local employment opportunities but also contribute to technology transfer and enhance Iraq’s capacity to produce high-quality goods for local and regional markets.

• Promoting Joint Ventures and Local Industry Growth:
  The Council encourages the creation of joint ventures between Iraqi and Italian companies to stimulate innovation, improve production quality, and expand export potential. By supporting local industries through Italian expertise, the IIBC strengthens the foundations of Iraq’s industrial sector and ensures sustainable long-term partnerships.

Overall Impact:
Through its industrial cooperation initiatives, the IIBC serves as a catalyst for Iraq’s industrial modernization. By integrating Italian innovation with Iraqi potential, the Council contributes to a diversified economy, increased employment, and a new era of industrial growth grounded in knowledge, quality, and mutual prosperity.