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Iraq is on a date with industrial investment projects

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ikea


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Iraq is on a date with industrial investment projects

   Today 21:48    1 shares
Information / Baghdad..


The Directorate of Industrial Development announced, on Wednesday, that it will soon start issuing licenses for establishing projects electronically, while clarifying the situation regarding investment projects and job opportunities.

The Director General of the Directorate affiliated with the Ministry of Industry and Minerals, Aziz Nazim, said to the official agency and his follower (information), that

"60 establishment licenses have been granted since the beginning of this year in accordance with Industrial Investment Law No. 20 of 1998,

as well as 1,500 licenses were granted to medium, small and large factories."  Nazim added,

"There is a government interest in supporting investment projects for materials other than oil, and

the mineral investment law is the main part in organizing the process," noting that "the

available opportunities are excellent for industrialists, and

there are government assurances expressed by Prime Minister Muhammad Shia'a al-Sudani to protect their capital and property."  He noted that

"there are industrial projects for Arab and foreign investors awaiting agreement on the country's industrial map to see the light and create job opportunities for Iraqis."  He pointed out that "the

government has set up a program for electronic payment of amounts, and the

procedures for issuing licenses under establishment electronically will soon be completed, and

this procedure will avoid industrialists traveling from the governorates of Iraq to Baghdad to the headquarters of the Directorate, and thus

each in his place can apply and obtain services through a special site in exchange for electronic payment of amounts."

And the fees will be available to all, and it contains guiding points for the industrial reality in Iraq.
ended 25 n

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