Baghdad Investment: Exception housing projects of the decision of the leadership of the revolution will attract investors and end the routine

[Butifldrm]

 

 

Baghdad Investment: Exception housing projects of the decision of the leadership of the revolution will attract investors and end the routine

 

12.16.2013 | (Voice of Iraq) - Add a comment - 

 

Alsumaria News / Baghdad confirmed the Investment Commission of Baghdad, on Monday, that the exception to the housing projects of the decision of the Revolutionary Command Council will attract investors and end the routine, as shown she has been trying for more than three years to cancel Almarqlat that hinder investment projects, indicated that this decision is one of the most prominent difficulties that stand in front of those projects. said the head of the Shaker Zamili in a statement received "Alsumaria News" copy of "exception projects residential investment, which lies within the boundaries of the Municipality of Baghdad's decision dissolved Revolutionary Command Council No. 581 of 1981, would have a positive effect in attracting investors to work in Iraq without routine or bureaucracy, "noting that" this decision text to transform the genus of land that was used non-residential to residential, which is not to be owned by the Municipality of Baghdad, a matter which has hampered earlier implementation of several investment projects in the capital. " Zamili he was "under the resolution will be all the investment projects granted leave subject to the provisions of the Investment Law No. 13 of 2006 as amended and are not covered by the decisions of the Revolutionary Command Council." Under Resolution No. 581 of 1981, ownership of the Municipality of capital, land, orchards, located within the boundaries of the Municipality of the capital, which decides its uses non-farm under the basic design for the city of Baghdad. confirmed Zamili that "what is stated in the law (13) for the year 2006 amending Article (10) than the right of the investor to own land for housing projects, which will reach an area of more than 1000 acres and have lifted the conflict between the provisions of decision and stating the Investment Law No. (13) for the year 2006 for the benefit of the investment law, and therefore will be the decision of the Revolutionary Command Council dissolved non factor in the housing projects approved, "pointing out that" the Baghdad Investment keen on obtaining the approval of the Planning (Department of the designs in the Municipality of Baghdad, Department of Urban Planning at the Ministry of Municipalities and Public Works) before the allocation of the land. " He Zamili that "the Commission has been trying for more than three years to cancel Almarqlat that hinder investment projects and give them the freedom to work without restriction legislation or laws delay it," explaining that "this decision is one of the the main difficulties that stand in front of investment projects and cancel it will increase the entry of international companies to Iraq in order to implement new housing projects for citizens and solving the housing problem faced by the country. " declared head of the Baghdad Investment Shaker Zamili, on Sunday (December 15, 2013), the Consultative Council State issued a decision not to coverage of the investment projects approved under the provisions of the Investment Company Act of 2006, as amended, the decision of the dissolved Revolutionary Command Council No. 581 for the year 1981. Parliament passed in October 2006 the Iraqi investment law, which it was said at the time that he would open the doors wide open to foreign investment , because of introducing a lot of facilities to foreign investors, but many foreign companies are still hesitant because of fears that the security situation is stable in Iraq, adding that the law did not give investors the right to ownership of the property for the project, and equated the Iraqi investors and foreign investment in all privileges , with the exception of real estate ownership, as can the foreign investor to lease land for 50 years, subject to renewal, according to paragraph 11 of the Investment Law. incumbent upon investors to submit their projects to the National Commission for Investment, or the Investment Commission of the region, or province, for investment licenses, and they can apply for investment license to the "circle of single window", developed by the National Investment Commission, and authorized to inform the investor the final decision of the Commission within 45 days to eliminate administrative red tape in granting investment license.

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[waterman13]

Go IRAQ!

Wm13

[new york kevin]

To quote Sandfly, Thanks.

[sandfly]

THANKS