KUWAIT CITY, Feb. 13 (Xinhua) -- Reconstruction of Iraq is the goal for the international community in general and the Middle East in particular, said the Vice President of the World Bank for the Middle East and North Africa Hafez Ghanem on Tuesday.
He made the remarks in an interview with the Kuwait New Agency (KUNA) on the sideline of conference on investment in Iraq, which kicked off Tuesday.
"As a global entity, the Bank is concerned with the reconstruction of Iraq, due to the fact it is a major country, hence its stability and safety would contribute to stability and security of the region," Ghanem said.
The Bank had been working with the Iraqi government in order to assess needs of the war-torn country and requirements for its reconstruction process, he said.
"Iraq is an investments-attracting country. It owns significant wealth in oil, agriculture and tourism, in addition to industry," said the WB official.
Speaking of the World Bank Group work in Iraq, Ghanem said "it involves financing social projects, rebuilding hospitals and schools in areas recently liberated from IS, as well as financing educational, health care and societal programs," among other investment-related issues.
The conference on investment in Iraq is one of events comprising the Kuwait International Conference for the Reconstruction of Iraq (KICRI), which kicked off Monday in Kuwait City.
