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Baghdad Investment: implementation of 300 diversified investment project in the capital
MONDAY, FEBRUARY 10, 2015 14:37 H / P P L
Twilight News / Baghdad Investment Authority said Tuesday that there are 300 investment projects in a variety of fields being implemented in the capital Baghdad, noting that some of those projects in the process of completing legal formalities with the Ministry of Finance and the Secretariat of Baghdad.
076767.jpgThe head of the Shaker Zamili for "Twilight News", "The Authority is currently implementing 70 projects in the residential sector, and 80 projects in the commercial sector, and various projects in the health side, economic, and entertainment," adding that "executed in Baghdad projects and provided thousands of jobs the work ".
He Zamili that "there are many investment projects will be implemented soon after the completion of the whole legal proceedings to hand over the land by the Ministry of Finance and the Municipality of Baghdad."
He pointed out that "the pace of investment in the capital has increased, especially after the government went to the implementation of investment projects."
The Commission said the parliamentary economy and investment last month, they decided to form a sub-committee working on the receipt of proposals investment authorities in the provinces and investment committees in their own provincial councils amendments Investment Law No. 13 of 2006 average.
And passed the House of Representatives in 2006, Law No. 13 of private investment to encourage foreign companies to enter the country and to contribute with the government's efforts for the reconstruction of infrastructure destroyed by the war and the siege and violence.
The House of Representatives held in 2009 an amendment to the law allowed the foreign investor the right to own land and property belonging to the State allowance determined in accordance with special regulations, has also the right to own land and property belonging to the mixed and private sectors for the purpose of establishing the housing projects.
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MONDAY, FEBRUARY 10, 2015 14:37 H / P P L
Twilight News / Baghdad Investment Authority said Tuesday that there are 300 investment projects in a variety of fields being implemented in the capital Baghdad, noting that some of those projects in the process of completing legal formalities with the Ministry of Finance and the Secretariat of Baghdad.
076767.jpgThe head of the Shaker Zamili for "Twilight News", "The Authority is currently implementing 70 projects in the residential sector, and 80 projects in the commercial sector, and various projects in the health side, economic, and entertainment," adding that "executed in Baghdad projects and provided thousands of jobs the work ".
He Zamili that "there are many investment projects will be implemented soon after the completion of the whole legal proceedings to hand over the land by the Ministry of Finance and the Municipality of Baghdad."
He pointed out that "the pace of investment in the capital has increased, especially after the government went to the implementation of investment projects."
The Commission said the parliamentary economy and investment last month, they decided to form a sub-committee working on the receipt of proposals investment authorities in the provinces and investment committees in their own provincial councils amendments Investment Law No. 13 of 2006 average.
And passed the House of Representatives in 2006, Law No. 13 of private investment to encourage foreign companies to enter the country and to contribute with the government's efforts for the reconstruction of infrastructure destroyed by the war and the siege and violence.
The House of Representatives held in 2009 an amendment to the law allowed the foreign investor the right to own land and property belonging to the State allowance determined in accordance with special regulations, has also the right to own land and property belonging to the mixed and private sectors for the purpose of establishing the housing projects.
[You must be registered and logged in to see this link.]
