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Iraq To Follow $60 Billion Investment 'Road Map'

British Prime Minister Gordon Brown (left) and his Iraqi counterpart Nuri Al-Maliki both addressed the London conference.
BAGHDAD -- Iraq has drawn up a $60 billion "road map" for implementing major infrastructure projects in the next few years, RFE/RL's Radio Free Iraq reports.

Haqi al-Hakim, a reconstruction adviser to Prime Minister Nuri al-Maliki, says that the plan was drawn up ahead of the international conference "Invest Iraq: London 2009" held on April 30 in London.

Hakim said the conference was successful, as more than 300 British and other firms attended. He added that Iraq presented these firms with a "road map of more than 500 projects to be implemented in various sectors."

Iraqi Investment Commission spokeswoman Hanan Hammudi says that a team has been set up by the commission to create an investor-friendly environment in terms of facilities and legal guarantees.

The gathering was addressed by Maliki and his British counterpart, Gordon Brown.