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Increasing demand of international companies to invest in Iraq
12/23/2012 12:00 am
By improvements in security and legal amendments
BAGHDAD - Haider Flaih Rubaie
experts expect the economy to increase turnout investment companies for the country in the world next to افتين that improved Almntoma legal systems and provides fertile ground for the establishment of projects and facilities of all government played a prominent role in attracting international companies to Iraq, particularly oil companies and technology companies and construction and reconstruction, and as the government struggles to provide more facilities to private companies in order to operate its facilities idle, welcomed interested in economic affairs to grant the next budget further allocations to support the private sector, Mtnin at the same time to increase the share of investment in the budget next year, which they said It factor could stimulate more international companies to work in Iraq.
saw the Iraqi arena popular among international companies that differed in their disciplines between oil companies and other technology and many other international companies, and although many contend that improved investment environment behind attract this number of global companies However, the economic expert and member of the National Investment Commission Thaer Alfeli sees the improvement of security and the openness of the Iraqis to the best of companies legislation and new laws on investment is the most prominent factors that played a role in the entry of a presence and a broad arena global investment, and drew Speaking (morning ) that future periods of the year 2013 will witness more Iqbal companies specialized in many areas, stressing the need to attract companies involved in the development of the scientific, technological, industrial and agricultural, as well as oil companies sober, noting that this type of corporate sponsor to transfer various types of technology to Iraq, and run the largest possible number of the unemployed.
between Alfeli that go great for international companies wishing to invest in Iraq return as well as to the global economic recession experienced by the major trading countries and industrialized, which push companies to search for environments promising investment, and emerging markets , and are what Almtofran in Iraq at the moment.
expressed Alfeli desire to pass more legislation and laws that facilitate access to the various investment companies to Iraq, explaining that this turnout sponsor develop economic infrastructure of Iraq.
were Iraqi arena has witnessed popular among the international companies specialized , which called for an economist Tawfiq inhibitor to demand more actions that could unlock the faces of those companies of obstacles, especially in subjects get work permits and visas, stressing Speaking (morning) on the importance of providing the infrastructure that will help to establish important projects in Iraq, especially system provides banking sober able to meet all the requirements of international companies in the transfer of money and receive, and the need for mechanization of the banking sector and the introduction of modern technological means to him, such as credit cards and Visa card and other means of filing office advanced.
pointed inhibitor to the importance of the Government to take undertook the development of the private sector, and enable it to play a prominent role in entering partnerships bilaterally with foreign investors and multinational companies, noting that this move enough to transfer modern technology to Iraqi workers, and develop their technical skills, and thus acquiring international expertise developed in many areas.
witnessing the Iraqi market popular among the products of modern electronic, which called for major international companies to the presence and power in the Iraqi market, which is considered Director of LG in the Levant and Iraq Kai Rio that (first) without any undisputed, stressing that his company began operating under more than line productive to strengthen its presence in Iraq, and not another of those lines are lines conditioners central and luminescent talk, but beyond that to include many of the products that he said that the Iraqi market was greeted with great passion as a result of its aspiration to sophisticated technology enables it to live up to the ranks of developed countries in this field, and praised Rio on investment laws Iraqi sees it does not constitute any obstacle to foreign investors, and found it does not rise to the level to be a real obstacle, and drew well that his company does not seek only to bring scientific technology advanced to Iraq, they are also seeking to bring Korean culture and transferred to the Iraqi people, as well as their efforts in developing capabilities of children who said they are able to develop the Iraqi reality in the future.
showed Rio attention span his company in the Iraqi market, which he said was market (Baker), which is the focus of all other international companies wishing to be in Iraq, pointing to the introduction of his company very distinct types of electronic devices and modern means of communication and telephones and cooling as they seek to confirm their presence larger than it is due to the opening of the Iraqi market on all that is new and evolving.
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