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went to the Investment Law No. 13 of 2006, more than seven years is equivalent to the time five-year plan and, despite its amendments, it is still caught between the executive and the anvil Braalaguetsad former invoke laws window Sometimes using the substance of the law and other Bamadadath For these reasons find the second category calls with amendments.
There is consensus on the importance of law and privileges that Atzmnha but they did not invest because of loopholes that can be exploited through the entry into force of the previous laws and the window a peg exploited by some in line with its interests and its objectives Vieiq law enforcement what drives in the second direction of minimizing the importance of the law and not its effectiveness and usefulness.
came confirm President Minister possibility to make amendments to the Investment Law and Barriers investment during the signing ceremony of construction contracts the cities of the future and the Commission Baghdad Alascanyen Alastosmarien decisive controversial quo.
economic morning I took it upon themselves to adopt the draft changes and reforms required in law by holding meetings and dialogues with stakeholders and competence in order to exit scenarios targeted towards modify and correct the course of law the direction that creates a business environment attractive investment for companies executive global, especially as the eyes are towards Iraq as fertile ground and hungry for investment and began working team page to move and conduct communications in this regard.
first contact we had with the President of the National Investment Commission d. Sami al-Araji in this regard has blessed the move and promised Balmkmlh any activity tries to contribute to the activation of the role of law towards overcoming the obstacles that hinder its implementation is with any comments worthwhile and promised to be a contributing factor to cause the proposed amendments, provided that contribute to overcome the difficulties faced by international companies.
on I find that the campaign ستقودها economic morning in this regard may not enough to resolve but the need requires a conference specialist includes economists and representatives of the local private sector and foreign government-sponsored listen only without interfering in the solutions and then so they can be lifted recommendations targeted toward the draft resolution before submitting it for approval and resolution .
then that time is no longer likely to wait more especially has launched a five-year plan for the country to coincide adjustments and changes with the date of implementation of the plan in 2014 and coincides also with approving the budget, the next and thus the interest of the amendments have paid off.
comes this amendment at a time prepares Iraq resolving the housing crisis Yesterday near signed two contracts for the implementation of two apartment blocks in Baghdad by 50 thousand residential units in the regions of دهنة and دباش will be amendments have their service in the challenges that you may encounter implementation and two projects ينفذان at the time of heightened work on a project بسماية housing to create 100 thousand residential units where Accomplished the first stage and the core of it the completion of the inauguration of the second largest factory for pouring concrete in the Middle East and it is hoped delivery of the first batch of it for registrants beginning of the year 2015 and the 20 thousand residential units.
summary. . Was time to make the necessary amendments to the investment law to coincide with a flurry of implementation of strategic projects for building the new Iraq.
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