First Agricultural Processing & Export

FAPEXBuilding Iraq’s agricultural future through infrastructure, innovation and integrated value chains.

BITCO’s integrated agricultural value chain platform—connecting farmers, infrastructure, technology, processing and regional markets.

A platform built to connect the entire value chain.

FAPEX — First Agricultural Processing & Export — is an agricultural value chain and infrastructure platform founded and developed by BITCO. It addresses a principal constraint facing Iraqi agriculture: the lack of integrated commercial infrastructure connecting agricultural production with modern inputs, post-harvest processing, quality systems, logistics and reliable markets.

Through a phased operating model, FAPEX brings these elements together to support farmers, improve product quality, create value-added processing capacity and strengthen Iraq’s agricultural export potential.

“Not a conventional farm, processor or trading business—FAPEX is a long-term platform designed to organize and strengthen the agricultural value chain.”

The FAPEX Model

Five interconnected operating pillars turn agricultural production into reliable, market-ready products while building a scalable supply base.

01 / PRE-HARVEST

Pre-Harvest Services

Quality seed, fertilizer solutions, agronomic guidance, mechanized services, production planning and technical supervision.

02 / PRODUCTION

Agricultural Production

FAPEX-operated land, contract farming and managed production partnerships that improve utilization, coordination and quality.

03 / INFRASTRUCTURE

Post-Harvest Infrastructure

Collection, inspection, cleaning, grading, drying, baling, compression, warehousing, testing, packaging and export preparation.

04 / MARKET

Market Access & Export

Quality assurance, traceability, logistics management, commercial partnerships and export development for domestic and international buyers.

05 / TECHNOLOGY

Technology & Innovation

Digital farm management, precision agriculture, remote monitoring, ERP, traceability and future AI-assisted decision support.

Foundation
Investment
Wasit
Foundation Investment

FAPEX ONE

Wasit Agricultural Infrastructure Hub

FAPEX ONE will be the first operating asset within the platform, planned for Wasit Governorate—an established agricultural region with experienced farming communities, agricultural land, irrigation networks and multiple water resources.

The development is intended for government-owned land secured through a long-term investment lease, subject to relevant approvals and in accordance with Iraq’s Investment Law No. 13 of 2006, as amended.

Long-term leaseCapital directed to productive infrastructure rather than land acquisition.
Integrated hubMachinery, processing facilities, storage and working capital in one operating ecosystem.
Commercial Anchor

Why forage comes first.

FAPEX will begin with forage crops, led by alfalfa, as the initial commercial anchor for the platform.

  1. Builds upon existing Iraqi farming experience and enables rapid farmer participation.
  2. Creates immediate demand for processing infrastructure and supports livestock markets.
  3. Provides a practical pathway toward export operations.
  4. Generates early operational data and commercial cash flow.
  5. Validates the platform before entry into more complex agricultural businesses.
Forage is the starting point—not the limit of the FAPEX strategy.

Phased development strategy

FAPEX scales through proof, validation and disciplined expansion—building capability before complexity.

Phase 01

Foundation

  • Agricultural infrastructure
  • Farmer network
  • FAPEX-operated production
  • Contract farming
  • Post-harvest processing
  • Quality assurance
  • Warehousing
  • Export development
  • Forage value chain
Phase 02

Validation

  • Hydroponic pilot
  • Pilot greenhouse
  • Pilot floriculture
  • Digital agriculture trials
  • AI decision-support trials
  • Farmer and export network expansion
Phase 03

Expansion

  • Commercial hydroponics
  • High-tech floriculture
  • Feed manufacturing
  • Date plantations
  • Date tissue culture
  • Additional infrastructure hubs
Vision 2035

A national agricultural infrastructure platform.

USD 120–150M

Target cumulative phased investment, subject to technical feasibility, market validation, financing availability and strategic partnerships.

Collaboration Model

Public + Private Partnership

Aligning public agricultural-development priorities with private-sector execution and international expertise.

GovernmentProvides the enabling framework, investment land and regulatory support.
BITCODevelops and sponsors the platform.
FAPEXInvests in and operates the agricultural infrastructure.
FarmersParticipate through structured production arrangements.
Technology PartnersProvide equipment, systems and specialist expertise.
Financial InstitutionsSupport sustainable, long-term growth.
R&D PartnersContribute knowledge, training and capacity building.
BuyersCreate reliable domestic and international commercial demand.

Strategic partnerships

FAPEX seeks relationships that contribute technology, expertise, capital and market access—not only conventional supplier arrangements.

Agricultural MachinerySeed Genetics Crop InputsAgronomy Farmer DevelopmentPost-Harvest Technology IrrigationWater Management Digital Agriculture & AIHydroponics Greenhouse SystemsFloriculture Export Market AccessInstitutional Capital Project FinanceResearch & Training
BITCO's Role

Iraqi roots. International reach.

BITCO is the founder, developer and strategic sponsor of FAPEX.

Established in 2004, BITCO operates through business units covering investment and real estate development, IT solutions, sustainable energy and agriculture, with offices in Baghdad, Erbil, Abu Dhabi and Auckland.

BITCO’s Iraqi ownership, Western-educated leadership and international business experience enable it to combine deep local-market understanding with global commercial standards.

Through FAPEX, BITCO seeks to serve as a bridge between Iraqi agriculture and international technology, capital and markets.

From Farm to Global Markets

Let’s build the next chapter of Iraqi agriculture.

FAPEX is building the infrastructure, partnerships and commercial systems required to help Iraqi agriculture compete regionally and internationally.

Strategic Partnership Enquiries

BITCO – Baghdad International Trading, Investment & Real Estate Company

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