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Iqbal and wide for Kuwaiti companies to invest in Basra
On: Tuesday 3/6/2012 8:31
Saladin / range
seen Basra province recently popular Kuwaiti wide range of companies and a significant interest to the men of its investment in the province of Basra, and access to investment opportunities after the arrival of dozens of large foreign companies and Tsabgahm to enter the private sector and attract capital in the province because of their incentives and advantages of economic. has examined the Kuwaiti Al Dhabi Trading prospects for investment in Basra and access to investment opportunity for the establishment of a housing project.
The representative of the company's Hussein Ali Nasser Al-Qattan, during his visit to the headquarters of Basra Investment Commission and meeting with its president behind Badran that Basra is characterized remarkably stable and enjoy safely is the focus of his company after many of the investments held by the company in Lebanon, Syria, UAE and the UK.
Nasir said that his company wishing to invest in the first stage through the establishment of a housing project typical Pklv degrees and style talk includes a dampened and residential units and vertical and horizontal attachments other service near the Sports City, pointing to the possibility of the opening of banks and banks, real estate in cooperation with the government and the banking sector to finance projects and lending to citizens to contribute to overcoming the obstacles in front of people and get housing and solve the housing problem faced by the province.
In a related context, received Basra Investment Commission and a delegation headed by Kuwaiti businessman (Jassim al-Musawi), who expressed his desire to invest in the commercial sector and building commercial centers model and other areas having examined the map of investment to maintain and opportunities posed by the by the body. revealed Moussawi, the desire of a delegation of several Kuwaiti companies and businessmen to come to Basra and resettlement projects and capital investment in the sectors of commercial, tourist, industrial and various other and create a partnership with local businessmen.
For his part, expressed his deputy chief of the Basra Investment Haider Ali Fadhel ready body fully overcome the obstacles in front of the delegation through obtaining entry visas to them within 24 hours and reception and a conference of public and private sectors and stakeholders to file investment and economic circles, which owns the territory under its mandate are eligible for investment, as well as partnerships and the relevant authorities, business and unions to discuss investment opportunities and investment law No. 13 for the year 2006 and the promise of incentives and guarantees, facilities and exemptions in order to create understandings and agreements yield economic partnerships and investment, as well as informed the delegation on the investment opportunities available in the field.
and advanced group Bukhamseen Kuwaiti Holding presented on the Basra Investment Commission during her preservation projects, several are being studied and complete the requirements necessary for the purpose of granted vacation investment in industry and tourism. The most prominent of these projects is a laboratory for production of concrete at a cost of $ 20 million, and the hotel project tow Novotel at a cost of $ 75 million in addition to agricultural projects vital.
have seen in April last year the economic conference in the Chamber of Commerce and Industry of Kuwait, to discuss ways to investment in the province of Basra and the mechanism of activation of trade and economic relations between the two countries. The delegation included the Iraqi group of businessmen, investors, Iraqi ambassador in Kuwait and Head of Basra Investment Commission and a group of economic actors other, while the export side of the Kuwaiti General Manager, Chamber of Commerce and Industry of Kuwait wind the wind.
seeks Basra Investment Commission to stimulate trade between the two sides, especially that in Kuwait solid companies and capital, expertise and technologies that qualify to compete for the tracts of land offered as opportunities to invest in the province.
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