February 22, 2018

Reconstruction in Iraq requires 88.2 billion Dollars

12 February 2018, 05:50 | Taylor George

Iraq Seeks $88.2 Billion For Reconstruction After Years Of War Against ISIS

US not planning to contribute money at Iraq reconstruction conference officials

The housing sector has the most urgent need for funds, said Raja Rehan Arshad, the lead disaster risk management specialist for the World Bank.

The three-day KICRI kicked off Monday in Kuwait City, which brought together several economic powers, as well as regional and worldwide organizations, to make contributions to rebuilding Iraq after many years of war and conflict that ripped through various parts of the country.

France has been a key member of the US-led military coalition fighting IS after the group seized large swathes of Iraq and neighbouring Syria in 2014.

"But what we have accomplished is less than 1% of what Iraq needs", Hiti said.

Around 138,000 houses and flats have been damaged, with half of them completely destroyed.

After suffering a humiliating defeat at the hands of IS, Iraqi forces regrouped with foreign help, eventually forcing the jihadists out of territory including second city Mosul. In Mosul entire city blocks were reduced to rubble.

The conference brings together hundreds of representatives of countries, aid groups, United Nations agencies and corporations.

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"Rebuilding and restoring communities is a complex effort, covering everything from clearing explosive hazards to repairing damage to infrastructure to restoring basic services, and facilitating social cohesion so that communities can again begin to flourish".

France's Foreign Minister Jean-Yves Le Drian visited Iraq on Monday to discuss the war-torn country's reconstruction with Iraqi officials after Baghdad declared victory against Daesh.

The presidential assistant also noted that Kuwait's hosting the International Conference for the Reconstruction of Iraq emanated from its humanitarian role, describing Emir of Kuwait Sheikh Sabah al Ahmad al Jabir as "a humanitarian leader".

Awat told KUNA that the Foundation will take part in the "Conference of Non-Governmental Organizations (NGOs) to Support the Humanitarian Situation in Iraq" on February 12, 2018. "We will always be there", Le Drian said.

Attending the conference for TigerSwan are Wesley Fricks, Vice President for Government Affairs and Communications; Lt. Col. Kelly Cole (Ret.), Director of Security and Stability Operations; and Alaa Mansour, Operations Director for Iraq."We are honored to be invited to participate in this conference", Fricks stated, "and we look forward to learning more about and supporting the reconstruction of Iraq".

"We have started some reconstruction programmes in areas affected by war", said Mustafa al-Hiti, head of the reconstruction fund for areas hit in the fight against IS.

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