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Proposal to grant tax exemptions to make industrial initiative
12/01/2014 08: 27
The abovementioned industrial initiative that approved the launch of Prime Minister Nouri al-Maliki recently suggested an industry specialist to grant exemptions from taxes and fees to the participants.
Advisory opinion on the industrial development and investment of Amer Al-jawahiri, that "deterioration in the industrial sector in General, and in particular the private sector requires many actions and ways to improve productivity and competitiveness and the consequent diversification of and support for the economy and improve the participation of private sector in GDP."
Add quality
The jeweller said in an interview with "morning", "industrial initiative add effective and qualitative leap."
He stressed, however, that its success requires the participation of a team of private sector stakeholders to manage initiative powers and high professionalism ".
He suggested Al-jawahiri, among items, most notably, "provide all facilities and reduce operations of routine and the granting of exemptions and privileges and incentives granted by the industrial investment law No. 20 of 1998 including tax and duty exemptions for a period of 5 years for existing projects and 10 years for new projects with the exemption of profits from income tax for a period of (5) years.
Land supply
Also called "land supply for new projects and expansions of confirmed, in coordination with the Ministry of municipalities and provinces and to ensure the allocation and delivery of land according to transparent mechanisms and fast with all approvals fundamentalism through the window one authorized their actions are bound to create regular industrial cities." competent stressed the need to participate in the management and coordination of the initiative, half of the group or at least (3) representatives of private sector, whichever is greater, as well as the participation of the private sector and consultants in the subcommittees for itself. "
The group can, and talk for, hiring consultants to assess the capacities of the beneficiaries, in addition to the standard setting and follow up checks and results and to establish transparent criteria and procedures for evaluating applications and lending and continue with high transparency, "Prime Minister Nuri al-Maliki agreed recently to launch the initiative, announced Chief thamir advisers, who noted that the initiative aims to improve the country's industrial, especially the provision of soft loans to industrialists and address the problems and challenges faced by the industrial sector after 2003.
Feasibility study
The jeweler urged that "every project aims to benefit from the initiative, a feasibility study and a plan of action containing: reality and the requirements of the operation of existing projects or create new projects/current production capacities and expected at the initiative of lending and support you will get it in all its forms, the expected improvement in the quality of production and access to new capacity in the competitive local market/possibility to use additional employment." and noted the importance of "giving an additional distinction criteria support the initiative for the new products and use non-productivity And modern technologies which reduce import and use local raw materials and which are characterised by innovation and creativity, giving recognition for export when the nature of lending. "
Completion of the
It also proposed an "integrated electronic authentication plan for the loan process and mechanism for monitoring and follow-up of the implementation of each project quarterly recipient of initiative in collaboration with the beneficiaries and visit every 6 months in order to note actual achievement and what the project base and additional support to assess the investigations and their results."
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12/01/2014 08: 27
The abovementioned industrial initiative that approved the launch of Prime Minister Nouri al-Maliki recently suggested an industry specialist to grant exemptions from taxes and fees to the participants.
Advisory opinion on the industrial development and investment of Amer Al-jawahiri, that "deterioration in the industrial sector in General, and in particular the private sector requires many actions and ways to improve productivity and competitiveness and the consequent diversification of and support for the economy and improve the participation of private sector in GDP."
Add quality
The jeweller said in an interview with "morning", "industrial initiative add effective and qualitative leap."
He stressed, however, that its success requires the participation of a team of private sector stakeholders to manage initiative powers and high professionalism ".
He suggested Al-jawahiri, among items, most notably, "provide all facilities and reduce operations of routine and the granting of exemptions and privileges and incentives granted by the industrial investment law No. 20 of 1998 including tax and duty exemptions for a period of 5 years for existing projects and 10 years for new projects with the exemption of profits from income tax for a period of (5) years.
Land supply
Also called "land supply for new projects and expansions of confirmed, in coordination with the Ministry of municipalities and provinces and to ensure the allocation and delivery of land according to transparent mechanisms and fast with all approvals fundamentalism through the window one authorized their actions are bound to create regular industrial cities." competent stressed the need to participate in the management and coordination of the initiative, half of the group or at least (3) representatives of private sector, whichever is greater, as well as the participation of the private sector and consultants in the subcommittees for itself. "
The group can, and talk for, hiring consultants to assess the capacities of the beneficiaries, in addition to the standard setting and follow up checks and results and to establish transparent criteria and procedures for evaluating applications and lending and continue with high transparency, "Prime Minister Nuri al-Maliki agreed recently to launch the initiative, announced Chief thamir advisers, who noted that the initiative aims to improve the country's industrial, especially the provision of soft loans to industrialists and address the problems and challenges faced by the industrial sector after 2003.
Feasibility study
The jeweler urged that "every project aims to benefit from the initiative, a feasibility study and a plan of action containing: reality and the requirements of the operation of existing projects or create new projects/current production capacities and expected at the initiative of lending and support you will get it in all its forms, the expected improvement in the quality of production and access to new capacity in the competitive local market/possibility to use additional employment." and noted the importance of "giving an additional distinction criteria support the initiative for the new products and use non-productivity And modern technologies which reduce import and use local raw materials and which are characterised by innovation and creativity, giving recognition for export when the nature of lending. "
Completion of the
It also proposed an "integrated electronic authentication plan for the loan process and mechanism for monitoring and follow-up of the implementation of each project quarterly recipient of initiative in collaboration with the beneficiaries and visit every 6 months in order to note actual achievement and what the project base and additional support to assess the investigations and their results."
[You must be registered and logged in to see this link.]
