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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Basra Investment: Foreign Investment in control of the province and leave us with more than a billio

    Rocky
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    • Post n°1

    Basra Investment: Foreign Investment in control of the province and leave us with more than a billio Empty Basra Investment: Foreign Investment in control of the province and leave us with more than a billio

    Post by Rocky Sun 17 Aug 2014, 4:18 am

    Basra Investment: Foreign Investment in control of the province and leave us with more than a billion in the first half of the year



    08/16/20140 



    Confirmed the Basra Investment Commission, said on Saturday that foreign investment in the province amounted to 68% of the sum of the total investment, a "positive sign" on its investment environment, attributed the reason to the "importance of the site Basra to bring in foreign investors and safe conditions and stable enjoyed by analogy with the rest of the provinces "As indicated they were given in the first half of this year," leaves of investment "in the amount of one billion and 100 million dollars, pointed to" two distinct referred to them stigmatized "and directed to grant investment opportunities for the development of Basra airport.
    The head of the Basra Investment Commission on the Gaspe in an interview with the (long-Presse) that "foreign investment reached a higher proportion of domestic investment which amounted to an average of 68% for foreign and 28% for local and 4% joint venture between foreign and domestic in Basra," he said, adding that "this positive indicator on the investment environment in the province. "
    The Gaspe that "the first half of the current year 2014 saw the granting of investment opportunities for an estimated one billion and 100 million dollars," returned "This amount is the highest percentage in the path of investment projects in the province despite the difficult security conditions experienced by the country during the current stage."
    He Gaspe "the importance of site Basra in bringing foreign investors as a city of economic and safe cities compared to the rest of the provinces," he said, adding that "the promotion of investment opportunities is the other contributed in bringing foreign investment companies."
    The head of the Basra Investment Commission to "the presence of foreign banks and their presence before the advent of the investor and the foreign investor to read the environment and maintain the investment opportunities in terms of economic and profitability as well as its economic importance and contributed to the rise of investment in the province."
    He Gaspe to "investment projects in the province highlighted two distinct referred to are stigmatized first cement plant Almbrokh which opened in mid-March last year, 2014, which took provide the southern region textured cement and other project Bozrah Times Square commercial hoped the opening of the first phase of it the end of the year ongoing, "noting that he" is the largest shopping mall in Iraq, where the company to bring 100 foreign and international brands. "
    And between Gaspe that "the Commission has powers to grant investment opportunities in all sectors except insurance companies, banks and oil and gas extraction," pointing out that "investment in refineries within its powers, but requires high coordination at the level of the oil ministry and the companies invested oil fields to provide raw materials, namely crude oil ".
    He noted the Gaspe that "the body in the process of granting investment opportunities for the development of Basra airport and the expansion of its service facilities and entertainment Ktfiel for the transport sector in the country," calling the head of the local government in Basra "to exploit security conditions taking place in the provinces of North and West to promote investment in the province being the focus of attention of companies foreign wishing to invest in Iraq. "
    And awarded the Investment Authority in Basra, in (the ninth of last June) 19 investment license at a cost of up to one billion and 100 million dollars, while showed that this holiday is a "breakthrough" in spite of the difficult conditions experienced by the body of the non-adoption of the general budget of the country, confirmed the grant investors a greater proportion of foreign investment projects in the province.
    And confirmed the American Consulate in Basra, in the (twenty-sixth of the month of June 2014) that the stability of the security situation in Basra provides a good opportunity for investors and businessmen implementation of their projects which, while renewed management to maintain its commitment to contracting with international companies sober in order to ensure the implementation of projects at the required level.

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