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Chairman of the Investment Authority: We changed many of the obstructing regulations and committees

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Chairman of the Investment Authority: We changed many of the obstructing regulations and committees

Economy      21-06-2023, 16:29
Baghdad - conscious

Today, Wednesday, the head of the Investment Authority, Haider Makiya, confirmed a

change in many regulations and committees that obstruct the investment process to make it smoother, while

pointing to investment opportunities in the residential, commercial and industrial sectors.

Makiya told the Iraqi News Agency (INA):

"The commission made a change in many regulations and committees that were obstructing the investment process."  He added,

"These committees have become a thing of the past, and

the currently formed committees and laws related to the investment process have become smoother, and

there will be investment opportunities in the residential, commercial and industrial sectors."  Makiya noted that

"previously,
    requests,
    modification of a license,
    waiver of a license,
    expansion of a project area, or a
    change in project activity

were going through countless complications, and

now these have become smooth and accessible to the National Commission or the investment commissions in the provinces."

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