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100 projects is disabled because of the obstacles the allocation of land in Baghdad
Date: Mon 02/01/2012 6:29
□ Baghdad / follow-up term economic
declared the province of Baghdad, said he granted since 2008, nearly 127 projects investment carried out, including 27 projects only.
The Chairman of the Planning Commission and the follow-up in the province of Baghdad, Mohammed al-Rubaie told the Kurdish news agency (Rn) that "the Baghdad Provincial Council accord with Investment Authority, Baghdad, since 2008 more than 127 licenses for investment projects has been formally implemented 27 projects and to varying degrees. "
"The main obstacle in the implementation of projects is not to allocate land behind them three ministries are financial not to allocate a piece of land, agriculture, and municipalities not to provide the required designs."
He noted, "The Council seeks to review the investment licenses granted, and to overcome the obstacles that stand barrier to complete the completion of investment projects in Baghdad. "
and called the Baghdad government, local earlier, the central government to grant an exception in the entry of investment companies through a system of single window in the provision of legal and administrative mechanisms to implement projects in Baghdad as part of the budget in 2012.
and Iraq admitted in 2006 Law No. 13 of private investment, to encourage foreign companies to enter the country and to contribute with the government's efforts to rebuild the crumbling infrastructure due to war and siege.
and the First Amendment, conducted by Iraq to the law in 2009 allowed the foreign investor the right to own land and property belonging to the State allowance determined in accordance with special regulations, and has also the right to own land and property belonging to the mixed and private sectors for the purpose of the establishment of housing projects.
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