02/12/2020 11:26
Views 99
Section: Iraq
Investment companies leave Iraq due to administrative bureaucracy
Baghdad / Obelisk: On Wednesday 12 February 2020, the Investment and Economy Committee of the House of Representatives identified several things that Iraq needs to re-attract international investment companies.
A member of the committee, Nada Shaker Jawdat, said in a press statement: that Iraq needs a real national will to get rid of the stifling administrative bureaucracy that was one of the reasons for the reluctance of international investment companies to invest in it.
She added: We need to attract companies for proper planning of infrastructures that suffer from a very significant decline due to the lack of investigation and investigation of the projects that were allocated a large financial and were not originally established on the ground.
And she continued: We need a correct institutional system to eliminate corruption, and move away from the old systems in blocking the wheel of investment progress, and facilitate the procedures that the investor needs to create a suitable environment for investment
Obelisk
http://almasalah.com/ar/news/187766/الشركات-الاستثمارية-تغادر-العراق-بسبب-البيروقراطية-الادارية