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Developer {} .. and effective means to expand investment
9/2/2015 0:00
BAGHDAD - Hussein Tgb
acknowledges most investors of the importance of the Investment Law No. 13 of 2006 and upheld by encouraging laws, but he needs some important amendments that contribute to the promotion of investment.
and see the National Business Council member David Abdul Zayer need to amend the law by inserting a "developer" any investor to Land and specialist construction of infrastructure and public services and the development of plans and designs and give him the right to divide this investment opportunity to other investors to implement the proposed project in accordance with basic designs. Known developer that specializes creating and implementing infrastructure and related services projects and the development of plans and designs the investor and then continued administration after converting the implementation of the planned to other investors projects, so as to promote investment opportunities in the country
and said Zayer this method the case in most developed countries and contribute to the strengthening and expansion patch investments through the Investment Authority for vacation mechanisms under the law remains the developer retains Bajaur services and maintenance provided to projects with reference to which the ownership of the title deed will be an investor and not on behalf of the developer.
He suggested Zayer also included investment law paragraph replacement to the presence of a chronic problem in the cities belonging to industrial enterprises and factories is appropriate environmental and architectural point of view, especially as the mostly factories stalled right institution holding company contracted with an investor is set up for them sophisticated factories them are from the industrial character of the same with the latest technology the value of not less than 75 percent of the land outside the municipal boundaries and be Calendar plants by a third party recognized by the Iraqi government and the world and the Ministry of Finance or other actors allocated a plot of land suitable for the purpose of establishing projects to be replaced. Pointing out that the Maitalq infrastructure and operational requirements shall be the duty of the investor to be completed it and handed over to face extradition to the author of the factories or enterprises and delivers ready for operation and production.
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9/2/2015 0:00
BAGHDAD - Hussein Tgb
acknowledges most investors of the importance of the Investment Law No. 13 of 2006 and upheld by encouraging laws, but he needs some important amendments that contribute to the promotion of investment.
and see the National Business Council member David Abdul Zayer need to amend the law by inserting a "developer" any investor to Land and specialist construction of infrastructure and public services and the development of plans and designs and give him the right to divide this investment opportunity to other investors to implement the proposed project in accordance with basic designs. Known developer that specializes creating and implementing infrastructure and related services projects and the development of plans and designs the investor and then continued administration after converting the implementation of the planned to other investors projects, so as to promote investment opportunities in the country
and said Zayer this method the case in most developed countries and contribute to the strengthening and expansion patch investments through the Investment Authority for vacation mechanisms under the law remains the developer retains Bajaur services and maintenance provided to projects with reference to which the ownership of the title deed will be an investor and not on behalf of the developer.
He suggested Zayer also included investment law paragraph replacement to the presence of a chronic problem in the cities belonging to industrial enterprises and factories is appropriate environmental and architectural point of view, especially as the mostly factories stalled right institution holding company contracted with an investor is set up for them sophisticated factories them are from the industrial character of the same with the latest technology the value of not less than 75 percent of the land outside the municipal boundaries and be Calendar plants by a third party recognized by the Iraqi government and the world and the Ministry of Finance or other actors allocated a plot of land suitable for the purpose of establishing projects to be replaced. Pointing out that the Maitalq infrastructure and operational requirements shall be the duty of the investor to be completed it and handed over to face extradition to the author of the factories or enterprises and delivers ready for operation and production.
[You must be registered and logged in to see this link.]
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