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The real estate sector leads the investment contracts in Baghdad
Announced the Investment Authority in Baghdad, on Sunday, the number of projects that have been approved in the capital amounted to 295 projects worth investments amounted to $ 14 billion since the beginning of the year in various sectors notably housing, was completed implementation of 36 projects, of which, while the total number of stalled projects , due to the lack of land delivery of the owner and authentication designs, 130 projects.
Iraq and proceeded to the investment law in 2006 in the hope of attracting foreign investors to help with the government's efforts in the reconstruction of the country in which Thaket infrastructure due to war and the siege for decades, but the tense security situation to stop a barrier to the flow of investments which centered mostly in the vital oil sector in Iraq.
The head of the Investment Commission of Baghdad, Shaker Zamili The whole investment license granted 295 since the beginning of the year the total amount reaching nearly $ 14 billion in housing, industry, trade and tourism sectors.
He Zamili, the housing sector has received great interest to contribute to solving the housing crisis in the capital, where the number of residential projects that have been approved 70 investment projects which would provide 130 thousand units, while the total number of tourist projects that have been approved 60 projects, while the number of industrial projects that have been approved 38 projects, of which 16 projects have been implemented.
The President of the Investment Commission of Baghdad, it was approved on 90 commercial projects and approved 10 projects in the health sector and 7 and 13 agricultural projects in the education sector, these projects provided 30 thousand jobs for the residents of the capital, according to a statement of the Commission.
He Zamili, the number of investment projects that have been completed implementation reached 36 projects, while the number of stalled projects was due to lack of land delivery of the owner and authentication designs, 130 projects.
Iraq is still struggling to provide basic services to the population, such as electricity, housing and drinking water after 11 years to topple the former regime and lift the blockade on the country.
Since 2003 Iraq receives annually tens of billions of dollars from the sale of oil revenues, but successive governments have failed to provide services by violence and corruption.
Iraq and achieves a steady increase in oil production, but falling oil prices in recent months, prompting the government to rethink the proposed budget for next year.
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Announced the Investment Authority in Baghdad, on Sunday, the number of projects that have been approved in the capital amounted to 295 projects worth investments amounted to $ 14 billion since the beginning of the year in various sectors notably housing, was completed implementation of 36 projects, of which, while the total number of stalled projects , due to the lack of land delivery of the owner and authentication designs, 130 projects.
Iraq and proceeded to the investment law in 2006 in the hope of attracting foreign investors to help with the government's efforts in the reconstruction of the country in which Thaket infrastructure due to war and the siege for decades, but the tense security situation to stop a barrier to the flow of investments which centered mostly in the vital oil sector in Iraq.
The head of the Investment Commission of Baghdad, Shaker Zamili The whole investment license granted 295 since the beginning of the year the total amount reaching nearly $ 14 billion in housing, industry, trade and tourism sectors.
He Zamili, the housing sector has received great interest to contribute to solving the housing crisis in the capital, where the number of residential projects that have been approved 70 investment projects which would provide 130 thousand units, while the total number of tourist projects that have been approved 60 projects, while the number of industrial projects that have been approved 38 projects, of which 16 projects have been implemented.
The President of the Investment Commission of Baghdad, it was approved on 90 commercial projects and approved 10 projects in the health sector and 7 and 13 agricultural projects in the education sector, these projects provided 30 thousand jobs for the residents of the capital, according to a statement of the Commission.
He Zamili, the number of investment projects that have been completed implementation reached 36 projects, while the number of stalled projects was due to lack of land delivery of the owner and authentication designs, 130 projects.
Iraq is still struggling to provide basic services to the population, such as electricity, housing and drinking water after 11 years to topple the former regime and lift the blockade on the country.
Since 2003 Iraq receives annually tens of billions of dollars from the sale of oil revenues, but successive governments have failed to provide services by violence and corruption.
Iraq and achieves a steady increase in oil production, but falling oil prices in recent months, prompting the government to rethink the proposed budget for next year.
[You must be registered and logged in to see this link.]
