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Baghdad Investment: We seek to provide 1.2 million jobs during the current year
05/21/2013 - 13:52
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Economy and Business
Alsumaria News / Baghdad
announced Investment Authority, Baghdad, on Tuesday, on their quest to provide 1.2 million jobs during the current year 2013, noting that the authority granted during the month of May ten vacations investment in various sectors. said head of the investment Shaker Zamili said in an interview for "Alsumaria News "that" the Commission is seeking in its plan for the year 2013 to provide 1.2 million jobs in the city of Baghdad by Vacations investment that have been granted to investors in the housing sector, "noting that" the Commission has provided 8000 acres of land to build 120 thousand residential units in the the city of Baghdad. " said Zamili that "the Commission embarked on the implementation of 6 apartment complexes out of 45 vacation investment were awarded for the housing sector in Baghdad during the last period, including the compound of Olives in west Baghdad for the construction of 3,500 housing units and by the completion of 30%, in addition to complex project hand unit to build 600 housing units, in addition to complex project الصابيات and by 2000 housing units, and other residential units other. " He Zamili that "the number of vacations investment that were awarded during the month of May amounted to 10 licenses investment and the total amount reached one billion and 200 million dollars," pointing that "Vacations were distributed among the various sectors and by three vacations investment for the housing sector and the vacation for the industry to establish a plant for the manufacture of electric wires and a vacation for the education sector and vacation hotel building in addition to vacations entertainment and restaurants." and Iraq's parliament approved in October 2006, the Iraqi investment law, but many Foreign companies are still hesitant because of the fear of the unstable security reality in Iraq, in addition to the presence of some paragraphs not attractive for investment despite the law was amended in 2010.
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