A delegation from the Embassy of South Korea, headed by Ambassador Park SAC Bam province of Basra and met with the city's governor and chief of Alisttosmar, officials and owners of public and private companies to discuss the investment opportunities in the province.

A meeting was held in the headquarter of BIC attended by the governor of Basra, Dr. Shiltagh Aboud, the chairman of BIC, Eng. Haider Ali Fadhil and the Canadian Company B+ Hwhich visited Basra for the purpose of working on projects there.

A delegation from the British company's investment and trade body Investment Basra See the most of opportunities available to the body.

The German company IQ Martrade submitted various vital commercial and oil projects to be established at Basra Ports.

Mr. Stephen Enric,the Canadian Trade commissioner visited BIC to complete the program of work done by the Canadian government to follow up latest investment opportunities in Basrah.

A delegation of the Turkish Commercial Attaché and Construction Company visited BIC.

With the considerable presence of many officials from the local government, businessmen and media, Dr. Sheltagh Aboud, the governor of Basrah province opened the amusement park of Basra (Basrah Land) which is one of the investment projects that has been granted

The Chinese (Basrah Investment Group) company proposed different project in different sectors like the power generation, agriculture and ports.

The US (Gulf Development & Construction Corp.) visited BIC to submitted different tourism projects to invest in Basrah.

International Fair for the general trading on (25-29 June 2010) at Al Ma'kal down town.The fair will include different activities like construction and building materials ,medical andequipments,Automotive industry and spare parts , and medical equipments, Industrial participating companies are from Kuwait, Iraq and UAE.For any  information, please send an email to BIC email address

 The Iraqi Ministry of Oil would like to hold refineries investment symposium on 29-05-2010 and invite all investor willing to invest the new refineries execlusively, these four refineries are as the following:

A delegation from the US "Wall Street" journal visited Basrah province and met with the BIC chairman Dr. Haider Ali to get acquainted with the city's potentials available to attract investors.

BIC has granted investment license to an Iraqi company working in the construction industry for the manufacturing of Sandwich Panel with project value equal to one and a half million US Dollars.

Mr. Saied Hamid ,Iraqi Nationality has gained the licenses after submitting his project feasibility study to BIC an being technically and economically examined and scrutinized he was awarded the license .The project execution will be carried out in a period no less than 6 months from the date of granting the license.

The German Investment Bureau held a conference to look at the investment opportunity available in Basrah.

Mr. Jassim Mohammed, the Minister of Youth and Sport visited the site of the Sport City of Basrah which is intended to be finished by the end of this year.

A delegation from IQ MARTRADE German Co. visited BIC to get acquainted with available opportunities.

A new investment license has been granted to establish Trade Exchange Zone at Al Shalamcha area between Iraq and Iran with valuable project cost of more than 16 million dollars.

The General State Company of the Iraqi ports invites all the competent national and the international companies which have shipping lines and are specialized in transport of containers to submit their investment offers to set the management and operating the new containers port at Um Qassir which consists of 4 container berths .Investment will be conducted in accordance with Iraqi Investment Law No 13 for 2006 ,as amended.

A delegation from the British TRC company visited BIC expressing its readiness to work in Basra and to open its office.