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Kuwait: Iraq the world's most fertile for investment
11/06/2012 12:00 am
BAGHDAD - Haider Flaih Rubaie
was not significantly different on the fifth day of life Baghdad International Fair for days that preceded it, the volume of participation and attendance, according to managers wings and companies located (above expected), but they were divided type visitors when pointed out that specialists of them did not exceed 40 percent, which is according to director wing Italian is (good), but it does not commensurate with the size needed investment to the country also finds that a member of the Chamber of Commerce Italian Mario Mariani, who considered the Baghdad International Fair real breakthrough for building operations and extensive feature in Iraq thanks to those (enthusiasm) recorded by Mariani through day he was in the land of the exhibition, and despite outstanding attendance of European companies and the U.S. have remained Arab companies is the most prominent absentee from the Baghdad International Fair, is that Kuwait and after a break from participating lasted more than 23 years confirmed the words of head of delegation co-Abdullah Al-Mutairi, the volume of its presence will increase public next to more than quadruple, and despite the fact that Kuwait attended together with 20 companies, but Al-Mutairi said the (morning) and having the desires of many companies of his country to invest in Iraq and the various fields. exhibition reflects the history of Baghdad thus sees MP Talal Zobaie Baghdad International Fair, which promise as well as Being a demonstration economic, political and meeting station could reflect the history of Baghdad ancient and Iraq in general, stressing that economic reality has become a vehicle that leads the rest of the aspects of social and political life, which requires activation of all aspects to ensure revive this reality and enable in order to achieve the best results that aspire Iraq . was Zobaie speak (morning) during his wandering in the corridors gallery Baghdad and meeting with a number of supervisors on some wings, urging them to intensify their efforts in order to achieve the highest proportion of the benefit through contact with international companies and see Mabulgth modern technology in various fields, and in Description Zobaie size organization (b good) confirmed the ability of Iraqi cadres creativity in various fields, particularly industrial and agricultural, is that MP stressed the importance of informed those cadres on the latest scientific developments in various disciplines, to enable them to transfer to the Iraqi reality, which is in dire need of different competencies scientific, explaining that the good organization of the exhibition reflects the desire of Iraq's real organize more such exhibitions and thus attracting many international companies wishing to invest in the country. Zobaie said: that the exhibition reflects the true history of Baghdad in particular and Iraq in general, and those of one of the most prominent features exhibition manifested clearly through turnout broad for visitors, and the growing interest in him by all government agencies, calling the executive and the legislative to find more outlets investment that can reflect positively on the economic reality in Iraq and is working to increase the rates of development. Kuwaiti pavilion and after a lapse of more than 23 years back again Kuwaiti companies to work and invest in Iraq, especially that it has this time desire to be present in the homeland, according to Director Suite Kuwaiti Abdullah Al-Mutairi, who said during his speech for the (morning) that post companies country has been successful, especially as the country Seen in the land of the Baghdad International Fair with the participation of hitting 20 companies, different competencies between companies Food and بتروكيمياوية and electricity industries and medical Stamps and cotton, describing exhibitions economic in various parts of the world as the station most prominent to activate the reality of countries economic, due to the presence of various international companies with specialties varied. confirmed Mutairi said his country will take part next year size exceeds Masharki him this year and four times, a sign of recovery economic reality in Iraq on the one hand and the improvement in relations between the two neighbors brotherly other hand, according to Al-Mutairi, who said also: Iraq more countries in the world fertility for investment, with evidence that the market Local Iraq needs various kinds of raw materials and products as well as the country's need to diverse investments in various disciplines, which confirms that Iraq has become the most prominent investment environments World. pointed Mutairi to touch a real desire by Kuwaiti companies in particular and other foreign generally invest in Iraq as a result of assurances sent by Prime Minister Nuri al-Maliki during his speech on the sidelines of the opening of the exhibition, which within which the safety of foreign capital from any fluctuations political or economic. exhibition best submitted arena investment and between a member of the National Investment Dr. Thaer Alfeli importance exhibition in being Square attract important for companies that could contribute significantly to the re all built Iraq infrastructure, and then, who described Alfeli exhibition (b stunning) called for the need to take care of organizational matters larger than it is now, pointing out that these demonstration can reflect reality civilization of Iraq. explained Alfeli necessity of continuing the so shows in the future, so as they play an extremely important in informing the international companies on spaces investment Iraq's vast as well as the urgent need for these companies to establish projects strategic task can be held thanks to the holdings of those companies from the technical skills and extensive experience. believes Alfeli that the exhibition is much better than feet on the ground investment in Iraq, as a result of this huge number of companies that provided the wishes of unruly in investment in Iraq, which is evidence of the recovery of the economic reality of Iraq in general. While noted which Alfeli to that the signs of success of the exhibition demonstrated clearly before departure through the volume of broad participation, said that Iraq has become a scene of investment most prominent in the world, and the first in the Middle East, calling for the need to eliminate obstacles that could object wishing to invest or hinder entry of firms operating in Iraq . National Business Council businessmen and investors Iraqis attended strongly this year in the Baghdad International Fair, either through their active participation, or to attend continuing and visited a number of wings of the exhibition and see the Madjaet by international companies, and this is according to a member National Business Council is an important factor in the development of the ability Iraqi and technical competencies, particularly since many of the companies located on the show floor has capabilities and significant technical expertise and not bad to benefit the private sector in Iraq. says Abdullah al-Jubouri Speaking (morning): the exhibition this year is very different from previous years, and there are positives several most notably the size of the broad participation of international companies, and how to respond to that recorded these companies to come to Iraq and show its willingness to invest in it, indicating that the exhibition marks as well as the effectiveness of the National Business Council and companies that fall under its banner, the elites and investors and capital and industrialists, especially that everyone expressed optimism This review, which will be serious and effective, wishing continuation set up like so shows in the future, that because of its paramount importance in reviving the fact development of Iraq and the development of economic capacity in general. called Jubouri all Iraqi investors to read the level of participation (b appointed economic insight), and the need for selection best among those companies to enter them in the posts investment, particularly that Iraq needs to build its infrastructure as well as many of the construction projects and strategic other. Chamber of Commerce Italian and revealed a member of the Chamber of Commerce Italian Mario Mariani (morning) about the existence of pressure by the government on companies country in order to pay for investment in Iraq, and comes as a result of improved security and stability of the political reality and the evolution of the economic landscape, according to Mariani, who said that all Italian companies present in the Baghdad International Fair was determined to come to Iraq to conviction full that this country is on the verge revolution urban and economic challenges in the future near, as well as the pursuit of those companies to strengthen economic ties with their Iraqi counterparts. confirms Mariani a desire among hundreds of Italian companies for investment opportunities in Iraq, pointing out that some of these companies managed for years to get investment licenses for the implementation of important projects are still Ongoing, especially water projects, sanitation and others, indicating increasing desires of Italian companies that desire to participate in future exhibitions held in Iraq. was charge d'affaires at the Italian embassy in Baghdad Francisco فيديلي said during his speech for the (morning) that his government is striving to provide various kinds of support to Italian companies to زجها in the arena of investment Iraqi particular, that arena, which he said charge d'affaires: as Square promising deserve Seen major companies, announcing post nearly 30 companies in the exhibition competencies variety. Iraq promising market in turn predicted MP Salman al-Musawi Iraq's transition to a workshop, producing and processing a large and important in the region, especially after the adoption of a set of economic laws that can support physical movement in Iraq and the evolution of the investment side where, and demanded that al-Moussawi Speaking (morning) private sector companies to achieve the highest desired of interest across Attendance and strongly in these shows, whether through participation or repeat visits to the corridors of the wings and international companies access to another as high technology advanced in various fields, pointing out that the existence of this huge number of international and local companies and Arab, which exceeded a whole thousandth company is a true indication of the The country has become an attractive platform for investment, and this is what calls for private sector companies to conclude cooperation agreements or partnership with their global counterparts, which could result in them to gain international expertise in mission critical areas.
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