The three-day KICRI is due to kick off on Monday, which will bring together several economically powerful countries, as well as regional and global organizations on contributions to rebuild Iraq after many years of war and conflicts.
The meeting is co-chaired by Kuwait and Iraq, as well as the United Nations, the European Union and the World Bank.
Kuwait has opened a week of conferences seeking aid for rebuilding Iraq after the onslaught of the Islamic State group.
Iraq also plans oil storage facilities in the provinces Basra, Mosul, and Saladin.
The first day of the conference is allocated for Iraq reconstruction programs and worldwide assistance in this regard as well as the development works carried out by the non-governmental organizations in Iraq.
"We are at the crossroads, the world now is supporting us, we have to seize the opportunity", he said.
Iraq declared victory over Islamic State in December, having taken back all the territory captured by the militants in 2014 and 2015.
Since the US-led "War on Terror" and the subsequent invasion of Iraq in 2003, the country has suffered constant unrest and division, most recently as a result of fighting to recapture land held by Daesh.
Billions of dollars poured into Iraq after the 2003 USA -led invasion that toppled dictator Saddam Hussein, with what feels now like little visible effect.
Opec's second-largest oil producer behind Saudi Arabia - will be looking to attract investment mostly in the downstream, planning the construction of new refineries with different capacities, including one at the Al Faw Port with a 300,000-bpd (barrels per day) capacity.
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