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Iraq Sector Guide

|Telecommunication|

Key Stats and Figures
Installed Fiber: Approximately 60,000km
National GSM Providers: Zain, AsiaCell, Korek
Cell Subscribers: Approximately 20 million
Fixed Line Density (2003): 3%

|Oil and Gas|

Key Stats and Figures
Proven Oil Reserves: 115 billion barrels
Estimated Unproven Reserves: 45 to 215 billion barrels
Proven Gas Reserves: 112 trillion cubic feet (TCF)
Estimated Probable Gas Reserves: 275 to 300 TCF
2008 Production: 2.4 million barrels per day (BPD)
2018 Target Production: 6 million BPD

|Electricity|

Key Stats and Figures
Current Electricity Demand: 13,000 MW est. - Summer 2009
Existing Power Generation Capacity: Approximately 6,000 MW
Capacity of Identified Future Plants: 24,000 MW
Value of Additional Electricity Investments Needed: 4.5billon USD / year over four years.

|Health|

Key Stats and Figures
Ministry of Health Budget: $4 B USD (2009)
Hospitals: 208 State Owned, 80 Private
Clinics: Approximately 2000

|Agriculture|

Key Stats and Figures
Agriculture in the economy: 9-11% of GDP, 2nd largest contributor after oil
Agriculture employment: Agriculture employs almost 30% of the labor force
Agriculture imports: 80% of total food consumed, costing $1.4 B USD

|Industry and Manufacturing|

Key Stats and Figures
Primary Ministry Responsible: Ministry of Mining and Manufacturing (MIM)
Number of MIM SOEs: 67
Number of MIM Factories: 220 among the 67

|Higher Education|

Key Stats and Figures
Infrastructure reconstruction: As of 2004, 84% of the higher educational infrastructure was severely damaged.
Iraqi Education Initiative (IEI): The Government of Iraq (GOI) allocated $54 million to launch the IEI and in 2010, more than 300 students will begin master's and PhD programs in the U.S.
Repatriation: 100 Iraqi expatriates inquire every month about the possibility of returning home to resume their teaching careers.

|Banking and Finance|

Key Stats and Figures
Banking system: The current banking system in Iraq consists of 43 banks, in addition to the Central Bank.
Electronic funds transfer (EFT) capabilities: The nine Iraq banks with full EFT capable banks have almost 200 branches throughout the country.
Iraqi Stock Exchange (ISX): The ISX launched its electronic trading system in April 2009 and has 91 companies listed with the average trading volume approximately $10 M USD per week.