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National Investment reveal 12 global companies bid for investment Rasheed Camp
Alsumaria News - 11/21/2012 - 6:06 pm | Hits: 272
Alsumaria News / Baghdad revealed National Investment Authority, Wednesday, to provide 12 companies worldwide Bataadtha to invest Complex Rasheed Camp in Baghdad, and as indicated it analyzes the bids of these companies, confirmed that the investment opportunities in the camp would solve a large part of the housing crisis in Iraq . and head of the Sami al-Araji, said in an interview for "Alsumaria News", "twelve large multinational applied for investment compound Rasheed Camp in Baghdad as part of the investment opportunities of the five put forward by the Commission earlier," adding that "the investment in the housing sector is the solution best to solve the housing crisis in Iraq. " Araji said that "the body currently analyzing bids these international companies," hoping "the completion of the analysis of tenders of companies during the next few to be converted to the General Secretariat of the Council of Ministers and then to the cabinet for approval as amounts of investment opportunities are very large. " The head of the investment that "investment opportunities in the camp of good that would solve a large part of the housing crisis in Iraq," explaining that "there are 70 thousand residential units offered for investment in the camp of good, in addition to business opportunities and sports, medical and recreational. " and raised a national investment last July five investment opportunities for project Rasheed Camp direct investment, noting that the investment opportunities of the five included residential and commercial complexes and entertainment and sports and medical. announced the General Secretariat of the Council of Ministers in 2010 for initial approval to transmit the draft Build 65 thousand residential units in the complex Rasheed Camp residential to one of the UAE at a cost exceeding $ 20 billion, but that negotiations with the company did not touch the tangible progress in it, which led to the cancellation of this company. and Rasheed Camp is one of the military camps mission in the city of Baghdad in the time of Saddam Hussein and that turned after 2003 to land empty because looting, as well as excesses by some citizens on some units in them. The Iraqi parliament approved in October 2006 Iraqi investment law which it was said at the time that he would open the doors to foreign investment , for providing a lot of facilities to foreign investors, but many foreign companies still hesitate because of fear of actually unstable security in Iraq and result frequency investors to come has been amended law by the House of Representatives on October 13 of last year, 2009, and was the most important amendments to the law to give the right of the investor Iraqi and foreign, to own land and property belonging to the state allowance determined in accordance special system. noteworthy that Iraq is suffering from a crisis of housing because of the growing number of Iraq's population and limited residential complexes, in addition to the inability of citizens to build residential units private by the high cost of the high cost of land and construction materials.
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Alsumaria News - 11/21/2012 - 6:06 pm | Hits: 272
Alsumaria News / Baghdad revealed National Investment Authority, Wednesday, to provide 12 companies worldwide Bataadtha to invest Complex Rasheed Camp in Baghdad, and as indicated it analyzes the bids of these companies, confirmed that the investment opportunities in the camp would solve a large part of the housing crisis in Iraq . and head of the Sami al-Araji, said in an interview for "Alsumaria News", "twelve large multinational applied for investment compound Rasheed Camp in Baghdad as part of the investment opportunities of the five put forward by the Commission earlier," adding that "the investment in the housing sector is the solution best to solve the housing crisis in Iraq. " Araji said that "the body currently analyzing bids these international companies," hoping "the completion of the analysis of tenders of companies during the next few to be converted to the General Secretariat of the Council of Ministers and then to the cabinet for approval as amounts of investment opportunities are very large. " The head of the investment that "investment opportunities in the camp of good that would solve a large part of the housing crisis in Iraq," explaining that "there are 70 thousand residential units offered for investment in the camp of good, in addition to business opportunities and sports, medical and recreational. " and raised a national investment last July five investment opportunities for project Rasheed Camp direct investment, noting that the investment opportunities of the five included residential and commercial complexes and entertainment and sports and medical. announced the General Secretariat of the Council of Ministers in 2010 for initial approval to transmit the draft Build 65 thousand residential units in the complex Rasheed Camp residential to one of the UAE at a cost exceeding $ 20 billion, but that negotiations with the company did not touch the tangible progress in it, which led to the cancellation of this company. and Rasheed Camp is one of the military camps mission in the city of Baghdad in the time of Saddam Hussein and that turned after 2003 to land empty because looting, as well as excesses by some citizens on some units in them. The Iraqi parliament approved in October 2006 Iraqi investment law which it was said at the time that he would open the doors to foreign investment , for providing a lot of facilities to foreign investors, but many foreign companies still hesitate because of fear of actually unstable security in Iraq and result frequency investors to come has been amended law by the House of Representatives on October 13 of last year, 2009, and was the most important amendments to the law to give the right of the investor Iraqi and foreign, to own land and property belonging to the state allowance determined in accordance special system. noteworthy that Iraq is suffering from a crisis of housing because of the growing number of Iraq's population and limited residential complexes, in addition to the inability of citizens to build residential units private by the high cost of the high cost of land and construction materials.
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