Cairo 3A and IVI Holding to invest US$160M in Iraqi poultry project

IRAQ – Cairo 3A Holding, an integrated agrifood group, has signed a Memorandum of Understanding with IVI Holding Limited in Baghdad, setting the stage for a joint project designed to build a full-scale poultry operation in Iraq.

The agreement signals the beginning of a formal relationship between the two companies as they move toward creating a production system that aligns with international standards.

The partnership brings together Cairo 3A’s experience in feed production, broiler operations, and food processing, while IVI Holding offers a strong presence in the Iraqi market, supported by existing infrastructure and investment resources.

Through this collaboration, both sides aim to support Iraq’s efforts to increase its supply of locally produced poultry, expand employment opportunities, and strengthen the availability of higher-quality products for consumers.

The MoU outlines the steps required to shift from the initial framework to the planning phase, which will later lead to the signing of full agreements and an approved implementation roadmap.

Ayman El Gamil, chairman of Cairo 3A Group, said the MoU is a key move in the company’s regional expansion plans as it looks to introduce its production model to new markets with room for growth, such as Iraq.

He noted that the first phase of the investment is valued at US$160 million over five years, adding that the company expects the partnership to help build a project capable of raising output levels and increasing sector capacity.

El Gamil also described Iraq as a market with strong potential and said the agreement could pave the way for wider cooperation in fields linked to food supply systems.

He added that Cairo 3A intends to work with partners who have clear strategic goals and proven operational strength, arguing that such cooperation can support the broader Iraqi economy.

IVI Holding’s Role in the Project

IVI Holding is one of Iraq’s major private investment groups with operations across energy, infrastructure, construction, real estate, and industrial development, and it has played a central role in several large national projects over the past three decades.

The group maintains activity both inside and outside Iraq and focuses on long-term investments that contribute to economic activity and support operational efficiency.

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