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Baghdad Investment granted leave 317 worth $ 14 billion
6/10/2015
Baghdad Investment Commission granted an investment license 317 in the past 25 years, including during the current year. Chairman of the Authority Engineer Shaker Zamili between the number of investment licenses granted by the Commission since 2009 and so far, 317 reached a total value of 14 billion and 500 million dollars of which 25 since the beginning of this year, and so far, indicating that the licenses granted were distributed among the various residential, tourist and industrial sectors and trade, health, agriculture and education.
He pointed out that, under these vacations there are 130 000 housing units will be completed, as well as 65 other projects in the tourism sector at a cost of billion dollars, a large number of them, along with 37 investment industrial projects completed, including 16 at a cost of two billion and $ 53 million, as well as 103 commercial projects , and 14 healthy completed four of them at a cost of 248 million and 153 thousand dollars, in addition to the nine agricultural projects completed 75 percent of them at the cost of more than $ 62 million, while the number of which reached the educational 14 projects.
Zamili reported that the number of operating projects that have been delivered territory for investors, is 62 and provided 30 thousand jobs, pointing out that the number of stalled projects as a result of lack of land delivery of the owner or delay the Municipality of Baghdad or the rest of the relevant authorities to ratify the .128 project, pointing to the existence 39 investment projects completed in full Pklv more than two billion dollars.
And disclosed that the most important projects carried out by the Commission during the period mentioned been granting licenses to companies to set up housing complexes to employees of the Ministries of Science and Technology and Municipalities and Public Works, Industry and Minerals and the Municipality of Baghdad and higher financial, education and the Financial Inspection Office and the House of Wisdom, noting that it has been working for three years to meet the other departments requests For residential complexes, as well as the establishment of a free industrial zones and other next to Karkh and ideals in Nahrawan.
Chairman of the Investment Authority said that his department has focused on the legislative side of the process of investment through the development of amendments to Law No. 13 of 2006, in addition to their active role to cancel the dissolved Revolutionary Command Council Resolution No. 581 of 1981, which negatively affected the investment projects, particularly residential Mnha.wachar to The law requires the investor to obtain the approval of the Municipality of Baghdad on the ground before they are delivered, pointing out that, despite the fact that the Authority's budget did not exceed five million dollars, but it has been able through their investment projects obtaining the funds back to the state budget by more than 14 billion and $ 601 million.
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6/10/2015
Baghdad Investment Commission granted an investment license 317 in the past 25 years, including during the current year. Chairman of the Authority Engineer Shaker Zamili between the number of investment licenses granted by the Commission since 2009 and so far, 317 reached a total value of 14 billion and 500 million dollars of which 25 since the beginning of this year, and so far, indicating that the licenses granted were distributed among the various residential, tourist and industrial sectors and trade, health, agriculture and education.
He pointed out that, under these vacations there are 130 000 housing units will be completed, as well as 65 other projects in the tourism sector at a cost of billion dollars, a large number of them, along with 37 investment industrial projects completed, including 16 at a cost of two billion and $ 53 million, as well as 103 commercial projects , and 14 healthy completed four of them at a cost of 248 million and 153 thousand dollars, in addition to the nine agricultural projects completed 75 percent of them at the cost of more than $ 62 million, while the number of which reached the educational 14 projects.
Zamili reported that the number of operating projects that have been delivered territory for investors, is 62 and provided 30 thousand jobs, pointing out that the number of stalled projects as a result of lack of land delivery of the owner or delay the Municipality of Baghdad or the rest of the relevant authorities to ratify the .128 project, pointing to the existence 39 investment projects completed in full Pklv more than two billion dollars.
And disclosed that the most important projects carried out by the Commission during the period mentioned been granting licenses to companies to set up housing complexes to employees of the Ministries of Science and Technology and Municipalities and Public Works, Industry and Minerals and the Municipality of Baghdad and higher financial, education and the Financial Inspection Office and the House of Wisdom, noting that it has been working for three years to meet the other departments requests For residential complexes, as well as the establishment of a free industrial zones and other next to Karkh and ideals in Nahrawan.
Chairman of the Investment Authority said that his department has focused on the legislative side of the process of investment through the development of amendments to Law No. 13 of 2006, in addition to their active role to cancel the dissolved Revolutionary Command Council Resolution No. 581 of 1981, which negatively affected the investment projects, particularly residential Mnha.wachar to The law requires the investor to obtain the approval of the Municipality of Baghdad on the ground before they are delivered, pointing out that, despite the fact that the Authority's budget did not exceed five million dollars, but it has been able through their investment projects obtaining the funds back to the state budget by more than 14 billion and $ 601 million.
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