As Iraq seeks to diversify its export away from the Strait of Hormuz, news report that Ministry of Oil received a strategic proposal from Hong Kong-based Heritage Funds to build a nationwide pipelines network under an EPC model funded through oil barter

Umm Qasr port, Iraq's sole deep-water port will receive $120 million from International Finance Corporation (IFC), the World Bank Group’s private-sector arm; through Aloreen Company for Investments new equipment for port services will be funded

New national planning strategy focuses on relocating government institutions and major investment projects from large cities to districts to ease population density and service pressure in major urban centers, especially Baghdad

For the Baghdad Metro project and for the development of a new Iraq's investment portfolio international institutions such as the IFC and the European Investment Bank will be involved in collaboration with relevant Iraqi institutions