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Iraq: to facilitate the demands of foreign investors to obtain entry visas
09/02/2012 15:53
Baghdad, February 9 (Rn) - Demands are interested in economic affairs and business people the Iraqi government to facilitate the entry of foreign investors to the country and granting entry visas as quickly as possible in order to ease the bureaucratic procedures in the face of foreign investment.
He said the Iraqi investor and director of the world to implement projects of bridges and roads Armad Mohammed, told the Kurdish news agency (Rn) that "the most important obstacle to the foreign investor after the ground is the subject of the late arrival of Visa entry to Iraq."
He added that Iraq was followed by means of old and tight in the process of granting visas, as required to submit a travel request to him two months ago in order to obtain a visa. "
He explained that "the problem of visa and the entry of materials into Iraq to carry out investment projects, the government could not be resolved since the House of Representatives proceeded to the investment law."
In turn, said company owner Alolain investment Riad Anbuge (Rn) that "the Interior Ministry did not take the behest of the Prime Minister stressed the need to facilitate the entry of foreign investors to Iraq."
He explained that "some companies are intermediate between the foreign investor and the government is exploiting the investor in case of delay in obtaining the visa, where they take money from up to six thousand dollars to get a visa."
For his part, said an economist at the World Bank Majid picture (Rn) that "the problem of the complexity of the ongoing investment in particular with regard to the entry of foreign investors to Iraq."
He explained, "the government must work harder to facilitate the task of entry of foreign investors and create an attractive investment environment for foreign investors."
"The visa is not difficult in all countries of the world, but because of bureaucratic administrative procedures in Iraq is difficult to get them foreign investors."
The Interior Ministry says that the process of obtaining a visa require more than 12 days, at least to make sure of the identity of coming to Iraq.
The Chancellor in the Office of the Prime Minister Rais Mary's (Rn) that "the prime minister on Thursday ordered the task of facilitating the entry of foreign investors to Iraq, particularly the British and Japanese companies."
She explained that "the Iraqi government has a plan for the development of investment projects in the country and raise the obstacles that stand in front of foreign and local investors."
The deputy prime minister for energy Hussain al-Shahristani has instructed in turn facilitate the granting visas and residence for workers in foreign companies operating in the oil sector.
He called the World Bank on Wednesday, the Iraqi government to activate the single window system and the formation of a committee of senior staff to facilitate the entry of foreign companies in order to promote investment in the country.
And watching the World Bank process development and investment in the country by a team of experts headed by Iraq's economic Majid picture.
The World Bank says that the main obstacles facing investment projects, the lack of attractive investment climates, including the fragile security situation and infrastructure, and the inability of legislation on the application and the loss of the investment climate in the country.
The Commission announced the economy and investment representative, earlier, support for the government directions aimed at an amendment to the Investment Law No. 13 in force for the year 2006, indicating that the problem of land acquisition by the investor is still the problem is more complex.
And Iraq admitted in 2006, Law No. 13 for investment to encourage foreign companies to enter the country and to contribute with the government's efforts to rebuild 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.
From: Jafar Allonan. Open: Abdullah Sabri
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09/02/2012 15:53
Baghdad, February 9 (Rn) - Demands are interested in economic affairs and business people the Iraqi government to facilitate the entry of foreign investors to the country and granting entry visas as quickly as possible in order to ease the bureaucratic procedures in the face of foreign investment.
He said the Iraqi investor and director of the world to implement projects of bridges and roads Armad Mohammed, told the Kurdish news agency (Rn) that "the most important obstacle to the foreign investor after the ground is the subject of the late arrival of Visa entry to Iraq."
He added that Iraq was followed by means of old and tight in the process of granting visas, as required to submit a travel request to him two months ago in order to obtain a visa. "
He explained that "the problem of visa and the entry of materials into Iraq to carry out investment projects, the government could not be resolved since the House of Representatives proceeded to the investment law."
In turn, said company owner Alolain investment Riad Anbuge (Rn) that "the Interior Ministry did not take the behest of the Prime Minister stressed the need to facilitate the entry of foreign investors to Iraq."
He explained that "some companies are intermediate between the foreign investor and the government is exploiting the investor in case of delay in obtaining the visa, where they take money from up to six thousand dollars to get a visa."
For his part, said an economist at the World Bank Majid picture (Rn) that "the problem of the complexity of the ongoing investment in particular with regard to the entry of foreign investors to Iraq."
He explained, "the government must work harder to facilitate the task of entry of foreign investors and create an attractive investment environment for foreign investors."
"The visa is not difficult in all countries of the world, but because of bureaucratic administrative procedures in Iraq is difficult to get them foreign investors."
The Interior Ministry says that the process of obtaining a visa require more than 12 days, at least to make sure of the identity of coming to Iraq.
The Chancellor in the Office of the Prime Minister Rais Mary's (Rn) that "the prime minister on Thursday ordered the task of facilitating the entry of foreign investors to Iraq, particularly the British and Japanese companies."
She explained that "the Iraqi government has a plan for the development of investment projects in the country and raise the obstacles that stand in front of foreign and local investors."
The deputy prime minister for energy Hussain al-Shahristani has instructed in turn facilitate the granting visas and residence for workers in foreign companies operating in the oil sector.
He called the World Bank on Wednesday, the Iraqi government to activate the single window system and the formation of a committee of senior staff to facilitate the entry of foreign companies in order to promote investment in the country.
And watching the World Bank process development and investment in the country by a team of experts headed by Iraq's economic Majid picture.
The World Bank says that the main obstacles facing investment projects, the lack of attractive investment climates, including the fragile security situation and infrastructure, and the inability of legislation on the application and the loss of the investment climate in the country.
The Commission announced the economy and investment representative, earlier, support for the government directions aimed at an amendment to the Investment Law No. 13 in force for the year 2006, indicating that the problem of land acquisition by the investor is still the problem is more complex.
And Iraq admitted in 2006, Law No. 13 for investment to encourage foreign companies to enter the country and to contribute with the government's efforts to rebuild 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.
From: Jafar Allonan. Open: Abdullah Sabri
[You must be registered and logged in to see this link.]
