Turkey pledges $5 bn for Iraq reconstruction: minister

“We need to rely on all our neighbours and friends to help Iraq invest in its future,” Iraqi Prime Minister Haider al Abadi said. Overall Baghdad is seeking $88.2 billion in aid from donors

“We need to rely on all our neighbours and friends to help Iraq invest in its future,” Iraqi Prime Minister Haider al Abadi said. Overall Baghdad is seeking $88.2 billion in aid from donors

Donors and investors have gathered in Kuwait to mull efforts to rebuild Iraq's economy and infrastructure as it emerges from a devastating conflict with Islamic State militants who seized nearly a third of the country before being beaten back.

The three-day International Conference for Reconstruction of Iraq in Kuwait City is due to conclude later Wednesday.

The statements followed the Kurdistan Region's delegation expressing concerns at the conference that Baghdad concentrated all projects in the central and southern parts of Iraq, leaving only small projects for the autonomous region which had been at the forefront of the war against the Islamic State (IS).

Lodhammar said UNMAS needs another $216 million this year for its operations in 32 areas of Iraq, including the northwestern city of Mosul, on top of 116 in commitments and pledges already made.

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The donor conference's host Kuwait pledged of $2 billion in investment and loans on Wednesday.

Iraq received billions of dollars in credit lines, loans, and investment from Turkey, Gulf Arab allies, Europe, and other countries, their representatives announced at an worldwide conference in Kuwait on Wednesday.

Baghdad says it needs almost $90 billion to rebuild after more than three years of fighting with IS devastated homes, schools, hospitals and other infrastructure. Saudi Arabia and regional rival Iran are fighting proxy battles in Syria, Iraq, Yemen, Lebanon and elsewhere. Russia, Iran, Turkey and Israel have all introduced forces into Syria for their own reasons of national interest, none of which involve supporting Washington's core mission to defeat ISIS.

A French official on Tuesday affirmed France's support and commitment to rebuild Iraq, stating that reconstruction efforts should be comprehensive.

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She also condemned the recent Kabul attacks and offered Pakistan's assistance for a joint investigation. All three were tied to Aminullah, who was put on worldwide terror blacklists in 2009.

However, the secretary-general of Iraq's Council of Ministers Mahdi al-Alaq said nations could it help by acting as guarantors with worldwide lenders.

The Iraqi government said on Monday it would need an estimated $88.2 billion for reconstruction, according to the Director General of Iraq's planning ministry, Qusay Adulfattah.

Qatar said it would allocate $1 billion in loans and investments, while the United Arab Emirates pledged $500 million in investment.

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