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Proposed solutions to the ownership of land investment
On: Wednesday 11/1/2012 7:13
□ Baghdad / term Economic
Commission declared the economy and investment representative for a solution to the problem of ownership of land and acquisitions between the National Investment Commission and the ministries and state institutions, noting that many of the ministries and state institutions were hindering the work of the investment projects because of its failure to give investors plots of land belonging to her .
The National Commission for Investment has been directed Saturday, heads of investment authorities in the provinces to speed up the inventory and the inventory of land nominated for investment and classified to prepare them for a project to build one million housing units by the share of each province.
A member of the Committee of Economy and Investment parliamentary Mahma Khalil's "Twilight News" that what she did National Investment Commission, in line with the Law on the average, a step to solve the problem of ownership of land. "
acknowledged the investment in the year 2006 a new law to invest in Iraq, according to the law is the body responsible for all strategic investment projects of a federal nature exclusively, while the bodies of the regions and provinces are responsible for investment planning and granting investment licenses in their regions and conducted by the parliament extensive changes at the end of 2009.
and Khalil, the problem of ownership and the acquisition of land, one of the obstacles great experience of investment projects where the refrain of ministries and governmental institutions to grant investors of its territory to establish housing projects and others. "
He pointed out that Investor reviewed nearly twenty circle and government institution to obtain the approval granted the land, and the result is that the one not to give her to him, "calling to" put all the land at the disposal of the National Investment Commission to take the provincial role in development and reconstruction. "
and was a member of the Committee of Economy and Investment Nahida Daini had confirmed earlier in the "Twilight News", that "the investment sector in the country one step and down ten steps as a result of the obstacles faced and the most prominent failure of the ministries and governmental bodies to give territory to set up investment projects it," claims to "connect the ownership of those territories, the Council of Ministers to facilitate the investment process. "
Article (10) Investment Law No. 13 of 2006 that the investor has, regardless of nationality, all the privileges and facilities, guarantees and is subject to the obligations contained in this law. "
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