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Infrastructure, tourism, housing the most important sectors of the Gulf companies are planning investments in Iraq
24/04/2012New Morning Baghdad
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Prime Investment Authority, Sami al-Araji, the start of the stage of concluding investment agreements with Gulf companies great, especially Saudi Arabia, Kuwait and UAE, which want to invest in the infrastructure sector, tourism and housing, as well as an effort to move the industrial sectors of these countries to Iraq.
And threw the secretariat of Baghdad blamed the Authority for failing to conduct negotiations with one of the largest international companies specialized in the housing sector, and to delay the start of the implementation of the project «the city of good» Residential, which includes 65 thousand housing units, as confirmed Araji that the conclusion of the contract with the company very recently, referring to the that Iraq is fighting for the first time in such projects are the largest in the region, which calls for careful study and projects well.
The Director of Relations and Information of the Secretariat of Baghdad, Abdul Zahra Hakim said his department provided the land within the borders of Baghdad to allow construction of approximately 300 thousand housing units, calling for the National Investment Commission Secretariat informed on the real problems with the company invested for the construction of good residential camp.
He «National Investment Commission took a very long time to negotiate with the company's candidate for the investment without good camp can see clear progress in spite of that the Secretariat has prepared a comprehensive strategy to solve the housing crisis in Baghdad».
He accused the body in order to time does not serve the building, including Baghdad and does not encourage investors to enter into force, stressing that «in that case they could not conclude the agreement can be re-announcement of the project as an investment opportunity for large companies».
He pointed out that «Baghdad has suffered from neglect for decades have not received the draft housing strategy to meet its need after the growing demand and the high number of arrivals from the rest of the provinces, especially after 2003, and remained construction of housing units is the responsibility of the citizen in the absence of housing policy right, and most residential areas that arise at the picture lacks the aesthetic, architectural and planning ».
Word-Araji told the newspaper «life» that «good project from major international investment contracts, and it took us a long time in negotiations, but we stayed within the parameters as a measure of global routinely takes all the countries in such projects».
Increased «There are divergent and forest and procedures for technical, legal, executive, required us to engage in lengthy negotiations to ensure the right of the investor and the Iraqi state, and these details seen by the Mayor of Baghdad, and was a member in the negotiations, but he finally pulled out».
The access to the final stages prior to the conclusion of the agreement, refusing to reveal the name of the company and explaining that the project would be a great achievement so despite the fact that Iraq fighting for the first time the midst of such giant projects, the investor wants to ensure his rights and we also look for to ensure the right of the customer of Iraq ».
[You must be registered and logged in to see this link.]
24/04/2012New Morning Baghdad
[You must be registered and logged in to see this image.]
Prime Investment Authority, Sami al-Araji, the start of the stage of concluding investment agreements with Gulf companies great, especially Saudi Arabia, Kuwait and UAE, which want to invest in the infrastructure sector, tourism and housing, as well as an effort to move the industrial sectors of these countries to Iraq.
And threw the secretariat of Baghdad blamed the Authority for failing to conduct negotiations with one of the largest international companies specialized in the housing sector, and to delay the start of the implementation of the project «the city of good» Residential, which includes 65 thousand housing units, as confirmed Araji that the conclusion of the contract with the company very recently, referring to the that Iraq is fighting for the first time in such projects are the largest in the region, which calls for careful study and projects well.
The Director of Relations and Information of the Secretariat of Baghdad, Abdul Zahra Hakim said his department provided the land within the borders of Baghdad to allow construction of approximately 300 thousand housing units, calling for the National Investment Commission Secretariat informed on the real problems with the company invested for the construction of good residential camp.
He «National Investment Commission took a very long time to negotiate with the company's candidate for the investment without good camp can see clear progress in spite of that the Secretariat has prepared a comprehensive strategy to solve the housing crisis in Baghdad».
He accused the body in order to time does not serve the building, including Baghdad and does not encourage investors to enter into force, stressing that «in that case they could not conclude the agreement can be re-announcement of the project as an investment opportunity for large companies».
He pointed out that «Baghdad has suffered from neglect for decades have not received the draft housing strategy to meet its need after the growing demand and the high number of arrivals from the rest of the provinces, especially after 2003, and remained construction of housing units is the responsibility of the citizen in the absence of housing policy right, and most residential areas that arise at the picture lacks the aesthetic, architectural and planning ».
Word-Araji told the newspaper «life» that «good project from major international investment contracts, and it took us a long time in negotiations, but we stayed within the parameters as a measure of global routinely takes all the countries in such projects».
Increased «There are divergent and forest and procedures for technical, legal, executive, required us to engage in lengthy negotiations to ensure the right of the investor and the Iraqi state, and these details seen by the Mayor of Baghdad, and was a member in the negotiations, but he finally pulled out».
The access to the final stages prior to the conclusion of the agreement, refusing to reveal the name of the company and explaining that the project would be a great achievement so despite the fact that Iraq fighting for the first time the midst of such giant projects, the investor wants to ensure his rights and we also look for to ensure the right of the customer of Iraq ».
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