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Increased severity of competition among companies to invest in Iraq
June 25 2011
Baghdad-morning
Major industrial countries still in the world looking for a foothold in Iraq, has seen a recent intensification of shadhaltnavs between companies for investment opportunities in Iraq, taking advantage of the benefits provided by the investment code and Iraqi business investors in Iraq, the US trade delegation discussed with an investment venture in Basra, in a joint Conference of representatives of the Iraqi and American Chambers of Commerce.
Investment Chief said Basra Haider Fadel Agency (aknews) that "the US trade delegation briefed on investment opportunities in conservation through detailed studies on investment and the most important features in reality".
"The Conference discussed the mechanism for inter-agency coordination between investment Basra, US Chamber of Commerce, as well as creating a partnership between local and US companies."
Fadel said that "the Conference was held in the presence of eight US firms in the sectors of energy, industry, finance and other" local "Government Basra has two billion dollars earmarked for infrastructure projects is available for all domestic and foreign firms to set up various projects." and noted that "there are a number of US companies already have been granted investment leaves, and is currently working at the Centre and outskirts of the city without using protection companies.''
For his part, said the Governor of Basra for housing and investment Abdul Karim "local companies are obviously experience and capability to deliver major projects, particularly in the construction sector," said Abdul Karim "local companies are obviously modern equipment and adequate funding, especially that most of these companies have shown reluctance in advance, which is why we bet on the foreign investor."
"The Governor's security stability constitutes an important element to attract foreign companies, and this maitdah through the entry of Chinese companies and Korean, Turkish, and others to keep." and stressed that "the remainder of the fiscal year is too short which requires everyone to redouble efforts to achieve the largest number of projects."
His representative says global capital international that "our company has begun its work in Baghdad since more than a year through the US bond and equity and financial market," said Kim kun (aknews) that "our company is waiting to be stock sector in Iraq more developed and evolved, particularly Iraq's growth rate is estimated at 14 percent but in continuous increase."
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June 25 2011
Baghdad-morning
Major industrial countries still in the world looking for a foothold in Iraq, has seen a recent intensification of shadhaltnavs between companies for investment opportunities in Iraq, taking advantage of the benefits provided by the investment code and Iraqi business investors in Iraq, the US trade delegation discussed with an investment venture in Basra, in a joint Conference of representatives of the Iraqi and American Chambers of Commerce.
Investment Chief said Basra Haider Fadel Agency (aknews) that "the US trade delegation briefed on investment opportunities in conservation through detailed studies on investment and the most important features in reality".
"The Conference discussed the mechanism for inter-agency coordination between investment Basra, US Chamber of Commerce, as well as creating a partnership between local and US companies."
Fadel said that "the Conference was held in the presence of eight US firms in the sectors of energy, industry, finance and other" local "Government Basra has two billion dollars earmarked for infrastructure projects is available for all domestic and foreign firms to set up various projects." and noted that "there are a number of US companies already have been granted investment leaves, and is currently working at the Centre and outskirts of the city without using protection companies.''
For his part, said the Governor of Basra for housing and investment Abdul Karim "local companies are obviously experience and capability to deliver major projects, particularly in the construction sector," said Abdul Karim "local companies are obviously modern equipment and adequate funding, especially that most of these companies have shown reluctance in advance, which is why we bet on the foreign investor."
"The Governor's security stability constitutes an important element to attract foreign companies, and this maitdah through the entry of Chinese companies and Korean, Turkish, and others to keep." and stressed that "the remainder of the fiscal year is too short which requires everyone to redouble efforts to achieve the largest number of projects."
His representative says global capital international that "our company has begun its work in Baghdad since more than a year through the US bond and equity and financial market," said Kim kun (aknews) that "our company is waiting to be stock sector in Iraq more developed and evolved, particularly Iraq's growth rate is estimated at 14 percent but in continuous increase."
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