Investment law amended before the end of the presidency of the parliament this April

[yota691]

Investment law amended before the end of the presidency of the parliament this April

• Published on Sunday, April 12 / April 2015 14:31 Written by: Sheikh Salem Hits: 23

BAGHDAD / Center Brief for the Iraqi Media Network ( IMN ) - confirmed the Investment Committee and member of the parliamentary economy olive-Dulaimi, the Commission will submit amendments accomplished by the investment law to the presidency of the parliament later this month. 

 

She said al-Dulaimi's ( IMN ) "The Committee completed most of the changes taking place in the investment law, leaving only a few paragraphs to be delivered during the upcoming period," adding that "there is a requirement in the law ensures the involvement of 75% of Alaracahfa employment and investment projects."

 

Olive and added that "the Commission is determined to provide all the proposals that would invest in the advancement of the country," asserting that "the law will be a magnet for investment and not through work repellent guarantees, as well as a good investment opportunities."  

 

The Chairman of the Committee on Economy and Investment parliamentary Jawad al-Bolani said, the center Bri, that the revitalization of the construction and the construction sector, the labor market will be activated by 25%.

As Vice Chairman of the Committee Harith al-Harthy, the serious study and amend the investment law to end the red tape currently in place, and to achieve the flexibility that must be treated by the investor Committee.

 

He's Harthy ( IMN ) that "a good investment law includes clauses to activate the investment, but the problem was in the application process mechanisms, which made ​​the investor collide with government procedures, which are not attractive for investment, especially in the issuance of licenses investment process." Pointing out that "the Kurdistan region of procedures are very simple and may not take more than one day for granting the license."

[Flamtap]

Another Great Move in the right direction!

[elgin]

Thanks YOTA.

 

 

I don't see companies knocking on the door to invest in IRAQ, No skill labor, unstable and strange investment laws. No internationally traded money, And I'm afraid they will have a terrorist problem for years and so far all I can find with google is banks and financial institutions looking to build and invest. or companies looking to supply outside labor I personally don't think oil will ever hit 100 USD a barrel not with the technology of Fracking heck even England found 100 billion barrels of oil near London. With the the technology getting better I bet they find even more in the next few years.   

[sandfly]

THANKS YOTA E EVERY THING IS COMING TOGETHER

[tlars brother]

Elgin, there are now over 60 MAJOR US international companies chomping at the bit to enter Iraq and do business.  Sorry, you are wrong about what you said above.  Just waiting on the currency to change.

[yota691]

04/12/2015 20:49

Investment Law amended in front of the Presidency of the Parliament

 

 

 

The Commission is determined to provide all the proposals that would invest in the advancement of the country.

BAGHDAD / obelisk assured of the Investment Committee and member of the parliamentary economy olive-Dulaimi, Sunday, that the Committee will submit amendments accomplished by the investment law to the presidency of the parliament later this month.

Dulaimi said in a statement, "The Committee completed most of the changes taking place in the investment law, leaving only a few paragraphs to be delivered during the upcoming period," adding that "there is a requirement in the law ensures the involvement of 75% of the Iraqi labor in investment projects."

She added that "the Commission is determined to provide all the proposals that would invest in the advancement of the country," asserting that "the law will be a magnet for investment and not through work repellent guarantees, as well as a good investment opportunities."

[yota691]

Zubaidi reveals received bids for foreign companies to invest in the port of Faw

 

History of edits:: 4.12.2015 22:35 • 75 visits readable


{Baghdad: Euphrates News} Transport Minister Bayan Jabr and transport ministers of Iran and Jordan and Egypt will come to Basra this week, in the completion of Basra, the capital of Iraq's economic program to convert Basra, from local to international, "revealing" for receipt of offers to invest in the port of Faw by {Emirati companies, Turkish, Chinese and Iranian as well as foreign companies}.
Said al-Zubaidi, today during the opening of a number of projects in the port of Umm Qasr "for receiving two excavators new marine channels to start work within the next few days and Card 6000 cubic meters, and the high sea fleet to 14 excavator and an area of 400 thousand square meters, noting that" these projects lifted energy Alkhoznip ports from 16 to 19 million tons, revealing its pursuit of national ports to reach the fifth generation applied by the two states in the world, namely Singapore, Germany, in collaboration with international companies. " 
He noted that "Alkhoznip energy container will rise through this arena and contribute to increased operations transportation of goods, "noting that" the ministry is seeking to Iraqi ports access to the fifth generation applied by two in the world, namely Singapore and Germany, "alluding to" the opening of the work began with three berths {13,14,15} implemented by Lorraine company co-operation and transferred The fourth generation of technology in Iraqi ports through the squares created by stores and equipment to be controlled entirely electronically. " 
He said al-Zubaidi, that "the development of Iraqi ports would be through the joint operation projects in collaboration with international companies are able to transfer modern experience." 
He continued, "The creation of these three pavements will be at Iraqi ports 30 berths, "declaring that" Over the next three years are going to have three ports of not less important than the port of Faw in terms of technology. " Revealing "for receipt of offers to invest in the port of Faw by companies {United Arab Emirates, Turkish, Chinese and Iranian as well as foreign companies} to invest $ 7 billion euros through multiple years through the establishment of residential and industrial city and sidewalks variety for all disciplines 
promised FAO arrogance port "first Bmoasfath in the region in terms of design, "noting that" the ministers of transport Iranian and Jordanian and Egyptian) will arrive in Basra this week, in the completion of Basra, the capital of Iraq's economic program to convert Basra, from local to international. " 
It promised "that the first visit to the Minister of Transport of countries to Basra will be tomorrow by the Transport Minister, which will focus on losing three Goariq in the Shatt al-Arab hindered navigation and will be salvaged from the water to live the ports of Basra again and enter the giant ships to the port stronghold of the Abu Flus and the rest of the ports "Indicating that the recovered sunken ships will be by agreement between Ganin {Iraqi and Iranian} and the expense of the Iraqi and Iranian ports together, pointing out that raising sunken ships will make a water depth of 12.5 meters instead of 5 meters, which helps to enter the giant port of ships. " 
and raise Zubaidi the Iraqi flag in Lorraine Square after it opened at a height of 60 meters, as the minister face creation Stadium penta to the people of Umm Qasr area at the expense of the Ministry to transfer 
his part, said general manager of ports, Omran Radi Thani, in an interview told {Euphrates News}, "The Minister of Transport, launched today, two excavators cruises, two of Kufa and stronghold, Benita in the Republic of China in accordance with the specifications world, to strengthen the Iraqi fleet, which owns 14 excavator, "noting that" Alhvartin were using to dig navigational channels and the capacity of each one of them six thousand tons. " 
He said the second, "The Square of storage that have been opened and the Minister of Transport today, lifted Alkhoznip power ports of 16 to 19 million tons, "pointing out that" the league added new Khoznah containers, refrigerators and equipment transport cargo area of 400 thousand square meters, ".marba hoped to reach Alkhoznip area in 2018 to 29 million tons," he said, adding that "the cost of the establishment of the pavements of 300 million US dollars and the cost of a single dredger $ 40 million ".marba hope that Alkhoznip space up in 2018 to 29 million tons." For his part, General Manager Lorraine interoperability Saad Ali Mohammed al-Tai, he said, "was the first phase of the port Model Integrated will be During the 90-day foreign-born second phase of the project is completed, which is designed according to the highest international standards have been introduced to Iraq very sophisticated mechanisms for the first time since the founding of the Iraqi ports ".anthy 42

Read more: http://dinarvets.com/forums/index.php?/topic/200018-department-of-transportation-put-the-project-port-of-faw-largest-investment-project-in-iraq/#ixzz3XD2cGiR5