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Parliamentary economy: the issue of loans from state banks will be dealt with under the amended law
April 6, 2015
Baghdad / Iraq News Network said the economic and investment commission parliamentary member Ahmed Kanani, the amendment of the Investment Act dealt with the issue of loans from state banks, and select the banks that financed projects by Achtsasa.oukal Kanani: "The amendment of the Investment Law, addressed the issue in no completion of the project by the investor 25%, and if you take a loan from the government and the official banks to ensure the project shall be 25% [completion rate], either guarantees figure is not based on percentages. "He added that" to determine the benefits of central banks in the previous period increased by 8%, and will now proceed to the law 2 % This is the first paragraph is a supportive investor in general. "He pointed Kanani said that" the amendment ensures identify banks on their competence, for the Industrial Bank for the purpose of financing industrial investment projects, as well as agriculture, as well as the residential and commercial sector and other details that were mentioned. "He explained that" nature of dealing with the investor when the come in the past, had difficulty procuring investment license and land from other ministries, and this shortened within edited several paragraphs for the purpose of obtaining the land as soon as possible, as it was in the past many paragraphs and now shortened for the purpose of speed ".ofatt" also touched on the law, to address problems where they were preparing a mini body to resolve outstanding issues between the investor and the bodies of the investor associated with the National Authority problems, "likely" complete the amendment of the law in two weeks. "The vice-chairman of the Committee on Economy and Investment parliamentary Harith al-Harthy, confirmed in 20 of last March, to amend the investment law will be in the service of investors, and the elimination of routine in the country that deal with Almsttmaren.oukal Harthy: The circles "routine in government departments and standards reason to delay the issuance of investment licenses, as well as the lack of proper economic policy, which would last the economy and economic development, and Shell sector Special fully. "He explained that" the problems facing investors, are work permits are not issued, but a number of years, and the lack of access to land, as the territory of the state confined to the ministries, which closed the doors in front of them, "stressing" the need for openness During more than a window to accelerate the completion of work permits. "
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April 6, 2015
Baghdad / Iraq News Network said the economic and investment commission parliamentary member Ahmed Kanani, the amendment of the Investment Act dealt with the issue of loans from state banks, and select the banks that financed projects by Achtsasa.oukal Kanani: "The amendment of the Investment Law, addressed the issue in no completion of the project by the investor 25%, and if you take a loan from the government and the official banks to ensure the project shall be 25% [completion rate], either guarantees figure is not based on percentages. "He added that" to determine the benefits of central banks in the previous period increased by 8%, and will now proceed to the law 2 % This is the first paragraph is a supportive investor in general. "He pointed Kanani said that" the amendment ensures identify banks on their competence, for the Industrial Bank for the purpose of financing industrial investment projects, as well as agriculture, as well as the residential and commercial sector and other details that were mentioned. "He explained that" nature of dealing with the investor when the come in the past, had difficulty procuring investment license and land from other ministries, and this shortened within edited several paragraphs for the purpose of obtaining the land as soon as possible, as it was in the past many paragraphs and now shortened for the purpose of speed ".ofatt" also touched on the law, to address problems where they were preparing a mini body to resolve outstanding issues between the investor and the bodies of the investor associated with the National Authority problems, "likely" complete the amendment of the law in two weeks. "The vice-chairman of the Committee on Economy and Investment parliamentary Harith al-Harthy, confirmed in 20 of last March, to amend the investment law will be in the service of investors, and the elimination of routine in the country that deal with Almsttmaren.oukal Harthy: The circles "routine in government departments and standards reason to delay the issuance of investment licenses, as well as the lack of proper economic policy, which would last the economy and economic development, and Shell sector Special fully. "He explained that" the problems facing investors, are work permits are not issued, but a number of years, and the lack of access to land, as the territory of the state confined to the ministries, which closed the doors in front of them, "stressing" the need for openness During more than a window to accelerate the completion of work permits. "
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