Proposal to establish an independent body to manage the economic zone in FAO
11/29/2012 12:00 am
Is complementary to project the Grand Harbour
Baghdad morning
bent a number of experts to study the proposal to establish a free economic zone in the triangle of FAO because it represents a great importance in strengthening the capacity of the country's economic round table organized by the Iraqi Institute for Economic Reform in this regard.
This project aims create a free economic zone integrated with all the logistics integration with Faw port and requires the proposed requirements to ensure success to the implementation of the project, including the establishment of an independent body to manage the project and all the legal frameworks of its founding, and the project taught coordination between representatives of a number of ministries and the National Investment Commission and consultants from the Institute and attended by experts Spaniards visiting the country now .
has introduced a coalition of Spanish companies interested in implementing the project ideas advisory and technical, which included the need for visibility and decision-strategic to the Iraqi side about the nature of the project and what kinds of activities, events and materials circulation and beneficiaries and clients and be there a strategy for the implementation and stages and why include every stage and whether the port in service area or the area in the service of the port to demonstrate the feasibility and attractiveness of the implementation of each phase to encourage investment after certainty of feasibility expected returns and then determine who is doing what and how and concluded vision consultant Spanish to target the first phase of the project the Iraqi market.
was consultant in the field of transport Tawfiq inhibitor may reviewed the goals of the project in Iraq to be the first leg of the exchange of international trade promise of this project that it is not less important than the project Minaoualbesrh great for Apple complementary goals, but he stressed the importance of creating an environment appropriate legal to attract international consulting firm and companies to establish the international trade system Allojcetk (supply and storage) in the area of a triangle FAO to be able to propose texts contained in the law. He inhibitor was set for the collaboration between the Office International Advisory Consulting, studies and the Iraqi Institute for Economic Reform included a group of concerned representing institutions and a number of economists held five meetings and issued several recommendations on finding a formula legal and working draft independent body and contact with organizations and international offices for the use of their expertise and develop a plan of work and move in this direction.
Subsequent extensive discussions about the importance of this vital project, which gives a boost to Iraq's economy toward ridding it of unilateralism in financial resources and investment site Iraq International and its importance in international trade and will enhance the potential of Iraq and its economic and expect from a regional role and an international field of world economic relations.
also offered through study international experiences in the field of free economic zones such as those in Alexandria and Port Said in Aqaba and Dubai and Port of Singapore and Los Angeles and the Port of Salalah Oman and the implications of these areas on the economic reality of those countries. On the sidelines of the round table held economic morning meeting with the consultant Amer Jeweler on the importance of this project to the economy of ethnic, he felt the need to adopt the government, represented by the Commission of Economic Affairs idea of the project presented by the Iraqi Institute for Economic Reform and works to discuss the requirements of a resolution to form an independent body to implement it includes representatives actors from all relevant ministries in addition to the representatives of the private sector institutions involved and the Institute for works cover a time frame for the development of legal frameworks and methodology of work and business advisory to reach a long-term vision for the project in preparation for approval to become a line initiation and action plan adhered to. jeweler also called to the need to benefit from the previous experiences in the implementation of major projects during the commissioning body implementation of each project and follow this method with the proposed body and give it special powers and can be guided by law implementing major development projects No. 157 for the year 1973 and to benefit from the services, consulting and assistance from various organizations and agencies to business activities in the Faw area and an example study industrial city in the same city that is develop an implementation plan full committed to walk implementation accordingly and through hiring international. noted consultant in industrial development and investment Amer jeweler in his closing remarks that this vital project in the creation of a free economic zone had previously thought the Germans at the beginning of the forties of the twentieth century and also found an idea in the seventies , but the competition is international and regional delayed and is still our major contribute to the promotion and diversify the economy so we must to avoid loss of time studies and discussions and thinking and turn around a vicious circle say we must walk line ascending toward the serious implementation of major projects, including the project free economic zone in the triangle FAO supplementing the great port of Basra.
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