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Araji: Iraq monitoring the $ 100 billion for development projects and large housing
Tuesday, January 17 2 / January 2012 07:37
Kuwait / However: Search head of the Iraqi National Investment d. Sami al-Araji, with representatives of the Chamber of Commerce and Industry of Kuwait, and a number of senior Kuwaiti merchants the problems suffered by Kuwaiti investor in the implementation of its projects and to make investments in Iraq.
Araji and display "a number of investment opportunities in Iraq, most notably oil and gas sector, agriculture, electricity and housing projects, health, education, transport and tourism."
He added that "Iraq has allocated $ 100 billion for construction and business and development," adding that "Iraq looks to increase oil production from the current 3 million barrels per day to 6 million barrels per day by 2014".
He added that "the State is seeking to build 3 million housing units over the next ten years, as well as attract 15 million tourists a year, 2019, and the allocation of $ 40 billion to build 34 hospitals and 1,200 health center, as well as the development of universities and colleges."
He announced "the signing of 30 agreement with many Western countries to build 6 investment zones", and called Alarjee "Kuwaiti businessmen to contribute to those opportunities, which he described as good and with gainful which ranges between 15% to 20%."
And a delegation of the National Investment Commission of Iraq a number of meetings on the sidelines of his visit to Kuwait, which aims to introduce the most important projects posed by Iraq before the foreign investor, in addition to displaying the most important changes witnessed by the law of investment.
For his part, said the Iraqi ambassador in Kuwait Sea Science that "the Iraqi embassy in Kuwait, play an important role, the creation of all things facilitation and logistics, to bring all these ideas by the Investment Authority, Iraq, to brief the Kuwaiti investor, the investment laws in Iraq on the opportunities available in all fields of investment in Iraq. "
He added that "Kuwaiti investor is looking forward of course to the investment opportunities, reassuring, and to the legal structure of the investment, and looks forward to the guarantees, legal, investment," adding that "these things are taking shape, where the Investment Authority to create those conditions, and work to overcome laws for attracting investment. "(finished)
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Tuesday, January 17 2 / January 2012 07:37
Kuwait / However: Search head of the Iraqi National Investment d. Sami al-Araji, with representatives of the Chamber of Commerce and Industry of Kuwait, and a number of senior Kuwaiti merchants the problems suffered by Kuwaiti investor in the implementation of its projects and to make investments in Iraq.
Araji and display "a number of investment opportunities in Iraq, most notably oil and gas sector, agriculture, electricity and housing projects, health, education, transport and tourism."
He added that "Iraq has allocated $ 100 billion for construction and business and development," adding that "Iraq looks to increase oil production from the current 3 million barrels per day to 6 million barrels per day by 2014".
He added that "the State is seeking to build 3 million housing units over the next ten years, as well as attract 15 million tourists a year, 2019, and the allocation of $ 40 billion to build 34 hospitals and 1,200 health center, as well as the development of universities and colleges."
He announced "the signing of 30 agreement with many Western countries to build 6 investment zones", and called Alarjee "Kuwaiti businessmen to contribute to those opportunities, which he described as good and with gainful which ranges between 15% to 20%."
And a delegation of the National Investment Commission of Iraq a number of meetings on the sidelines of his visit to Kuwait, which aims to introduce the most important projects posed by Iraq before the foreign investor, in addition to displaying the most important changes witnessed by the law of investment.
For his part, said the Iraqi ambassador in Kuwait Sea Science that "the Iraqi embassy in Kuwait, play an important role, the creation of all things facilitation and logistics, to bring all these ideas by the Investment Authority, Iraq, to brief the Kuwaiti investor, the investment laws in Iraq on the opportunities available in all fields of investment in Iraq. "
He added that "Kuwaiti investor is looking forward of course to the investment opportunities, reassuring, and to the legal structure of the investment, and looks forward to the guarantees, legal, investment," adding that "these things are taking shape, where the Investment Authority to create those conditions, and work to overcome laws for attracting investment. "(finished)
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