Basra Investment grants 13 licenses for large projects within the current year's plan
[You must be registered and logged in to see this link.] [You must be registered and logged in to see this link.] [You must be registered and logged in to see this link.] [You must be registered and logged in to see this link.]
Economy News _ Baghdad
Views 6
Added 02/22/2023 - 2:19 PM
Updated 2023/02/22 - 2:35 PM
[You must be registered and logged in to see this link.]
[You must be registered and logged in to see this image.]
[You must be registered and logged in to see this link.] [You must be registered and logged in to see this link.] [You must be registered and logged in to see this link.] [You must be registered and logged in to see this link.]
Economy News _ Baghdad
Today, Wednesday, the Basra Governorate Investment Commission announced the granting of 13 investment licenses for large projects within its plan for the year 2023, while specifying the type of projects and their financial cost.
The head of the Basra Investment Commission, Alaa Abdul-Hussein, said, in an interview with the Iraqi News Agency (INA) and followed by "Al-Iqtisad News", that "the investment commission in the province granted, after the formation of its board of directors, 13 investment licenses for large projects within its plan for this year," pointing out that "The cost of these projects amounted to about $862 million."
Abdul Hussein added, "Part of these projects have been completed and run experimentally, while some projects have not been completed due to the incompleteness of the machines that will work in the projects," noting that "some projects have not yet been started, until the contract with the investor is completed, in addition to the existence of Excesses impede the work of projects, and that the Investment Authority is working with the local government to overcome the problem of abuses.
He pointed out that "the investment projects that were granted permission this year included a factory across the east, which is located in the Al Hadama area towards Umm Qasr on Safwan Road, and it is an adhesives factory that has been operated experimentally, and its production is supposed to reach more than 32 types of materials." adhesive, but now only 13 types are produced.
He pointed out that "the factory uses robot arms in the production process, and this process is the first of its kind in Basra Governorate, while the factory is the first of its kind in Iraq."
He continued, "Among the other investment projects is a factory for the production of cables and electrical wires, and the equipment for this project will be German and Finnish in origin, and Iraq is the first country in the Middle East and the third in the world to use this equipment, and the product will cover the country's need, and it is possible to export the surplus to neighboring countries." However, this factory has not been completed yet because the machines that will work in it have not been completed.
And he continued: "In addition to the sandwich panel production plant, whose completion rate has reached about 60%, and is specialized in the production of sandwich panels against heat and fires," in addition to the Basra Economic City project, which includes an iron and steel plant, and will produce, if the first phase is completed, 120 thousand tons annually. The completion of all phases will produce 1.5 million tons annually, in addition to a 28-megawatt thermal power plant project, a concrete production plant, a precast concrete plant, a water desalination plant and various warehouses.
Abdul Hussein pointed out, "An investment license has also been granted for a typical commercial market project in the center of Basra Governorate, which will include 540 shops of various sizes, warehouses and parking lots with high-quality specifications, and this modern market will be modern and with excellent specifications similar to neighboring countries, in addition to granting an investment license." For the Al-Shorouk residential complex project with 800 vertical housing units in the center of the governorate, and granting an investment license for the Al-Naseem residential complex project, which will include 1978 various housing units in the center of the governorate, and a residential city with 4000 housing units, and this residential city will be integrated and exemplary, and will contain large green spaces.
He noted that "an investment license has been granted for a park and nursery project in the Shatt al-Arab on an area of 34 dunums, and the park will contain gardens, reserves, fountains and game cities."
Views 6
Added 02/22/2023 - 2:19 PM
Updated 2023/02/22 - 2:35 PM
[You must be registered and logged in to see this link.]
Today at 5:24 am by Rocky
» Saudi Arabia announces an increase in direct flights with Iraq
Today at 5:23 am by Rocky
» Resources: Government measures have contributed to improving the water situation in Iraq
Today at 5:22 am by Rocky
» Al-Sadr: The voice of American universities calling for an end to Zionist terrorism is our voice
Today at 5:21 am by Rocky
» International organization: 50% of displaced Iraqis lack official documents
Today at 5:20 am by Rocky
» Al-Sudani: The path of development will provide many job opportunities
Today at 5:19 am by Rocky
» Parliament Finance: The necessity of converting tax and customs revenues to digital processing
Today at 5:18 am by Rocky
» Al-Sudani announces that clues have been found to uncover those involved in the Kormor bombing
Today at 5:16 am by Rocky
» The start of the work of the Fourth Baghdad International Water Conference
Today at 5:09 am by Rocky
» The Council of Ministers will suspend official working hours next Wednesday
Today at 5:07 am by Rocky
» An almost complete outage of water and electricity in western Anbar
Today at 5:06 am by Rocky
» Parliamentary expectations of extending the legislative term to approve the budget
Today at 5:00 am by Rocky
» Education: The cost of participating in the electronic school will amount to 200 thousand dinars
Today at 4:59 am by Rocky
» Al-Sudani arrives in Riyadh to participate in the World Economic Forum
Today at 4:58 am by Rocky
» A newspaper reveals a dark world that brings together bloggers and politicians
Today at 4:57 am by Rocky
» Al-Marsoumi: The bombing of the Kormor field undermined efforts to achieve self-sufficiency in gas
Today at 4:55 am by Rocky
» utube MM&C 4/24/24 Support - USA- Turkey - Timing- Currency Value - Tabled
Yesterday at 3:18 pm by Rocky
» utube MM&C 4/26/24 Iraqi Dinar - US Treasury Exchange Rates- Focus - Banking Partnerships - Rate C
Yesterday at 3:17 pm by Rocky
» Parliamentary efforts to transform Iraq into a global market for transferring Internet capacities
Yesterday at 3:07 pm by Rocky
» A parliamentary committee that enriches the political forces: Stop plundering Iraq’s wealth and work
Yesterday at 2:56 pm by Rocky
» Politician: Salem Al-Issawi is the most likely to assume the presidency of Parliament
Yesterday at 2:55 pm by Rocky
» The price of the dollar is close to 145 thousand dinars؛ how much is $100 worth of transactions؟
Yesterday at 12:57 pm by wciappetta
» Al-Sudani: The world today is witnessing crises whose impact has been reflected in the global econo
Yesterday at 10:50 am by Rocky
» The Federal Court responds to an inquiry by Al-Sudani regarding the powers of the provincial council
Yesterday at 10:40 am by Rocky
» Among them are the Iraqis... a list of the most sought-after immigrants to America
Yesterday at 10:38 am by Rocky
» An expert talks about the "biggest barrier" and the positives of merging Iraqi and Arab banks
Yesterday at 10:29 am by Rocky
» The House of Representatives adjourns its session
Yesterday at 10:24 am by Rocky
» Parliamentary demands to expedite the legislation of the Eid al-Ghadir holiday law (documents)
Yesterday at 10:23 am by Rocky
» Parliament adds the paragraph “Electing the Speaker of the House of Representatives” to its agenda
Yesterday at 10:21 am by Rocky
» Alsumaria publishes the text of the law against prostitution and homosexuality
Yesterday at 10:20 am by Rocky
» A parliamentarian reveals the reason for the failure of the Speaker of Parliament to pass during tod
Yesterday at 10:19 am by Rocky
» Al-Sudani: The government has launched many strategies and initiatives that will improve the reality
Yesterday at 9:42 am by Rocky
» International Business: Iraq has made progress in supporting businesses through investment and priva
Yesterday at 9:33 am by Rocky
» Association of Banks: Iraq is witnessing great development in the transition to electronic governmen
Yesterday at 9:25 am by Rocky
» The House of Representatives votes to add an item to its agenda (election of the Speaker of the Hous
Yesterday at 9:22 am by Rocky
» Parliamentary integrity: Combating corruption requires parliamentary legislation
Yesterday at 9:15 am by Rocky
» Al-Karaawi: America is trying to restrict Iraq
Yesterday at 9:13 am by Rocky
» The State of Law coalition moves to form the local government in Diyala
Yesterday at 9:12 am by Rocky
» The Sudanese and his battle against corruption.. Where is the fault with the government or with the
Yesterday at 9:11 am by Rocky
» Prime Minister's Advisor: We will see the dollar fall on the black market soon
Yesterday at 9:09 am by Rocky
» The Sunni blocs are resolute. The presidency of the Council is ours, away from Al-Halbousi
Yesterday at 9:08 am by Rocky
» Al-Sudani discusses with a workers’ organization his government’s steps in this field
Yesterday at 8:58 am by Rocky
» Parliament holds its session in the presence of 170 deputies
Yesterday at 8:57 am by Rocky
» In the presence of Nechirvan Barzani and Al-Sudani... the State Administration Coalition holds an “i
Yesterday at 8:55 am by Rocky
» The UAE company ADNOC resorts to Iraqi oil. Find out the reasons
Yesterday at 8:53 am by Rocky
» The Iraqi Parliament votes to add an item to elect a president to its agenda
Yesterday at 8:52 am by Rocky
» The Federal Court responds to an inquiry by Al-Sudani regarding the powers of the provincial council
Yesterday at 8:51 am by Rocky
» Al-Sudani: It is necessary to attract women to work as a productive energy that cannot be disrupted
Yesterday at 8:47 am by Rocky
» Zebari regarding targeting the Kormor field: a systematic attack on the economy of Kurdistan
Yesterday at 8:46 am by Rocky
» Saudi Arabia tops, and this is Iraq's rank... a list of major suppliers of crude oil to South Korea
Yesterday at 8:45 am by Rocky
» With a value of 125 million dollars.. Iraq is at the forefront of countries importing Iranian textil
Yesterday at 8:44 am by Rocky
» More than a billion dollars in sales from the Iraqi Central Bank within a week
Yesterday at 8:43 am by Rocky
» Al-Sudani stresses the need for the expertise of the International Labor Organization to legislate a
Yesterday at 8:29 am by Rocky
» Including the return of 21 wanted persons.. The Iraq Money Recovery Fund counts its achievements in
Yesterday at 8:27 am by Rocky
» The path to development is the criterion between true patriotism and political clowning.
Yesterday at 8:25 am by Rocky
» The file of the Presidency of Parliament is on the state administration table... this evening
Yesterday at 8:22 am by Rocky
» Director General of the International Labor Organization: Many challenges in the world of work and t
Yesterday at 8:20 am by Rocky
» Al-Sudani: The world is witnessing crises that reflect negatively on the Arab and international peop
Yesterday at 8:11 am by Rocky
» Prime Minister: Our government has provided great support for the success of the activities, program
Yesterday at 8:08 am by Rocky
» Al-Asadi: Iraq places the social protection file among its priorities
Yesterday at 8:07 am by Rocky
» Al-Sudani: Iraq is one of the first countries in the region to join the International Labor Organiza
Yesterday at 8:05 am by Rocky
» In the presence of Al-Sudani and Barzani, the State Administration Coalition holds an “important” me
Yesterday at 8:03 am by Rocky
» Appreciating the presence of Al-Sudani... Director General of the Arab Labor Organization: Here from
Yesterday at 6:29 am by Rocky
» Prime Minister: Our government has provided great support for the success of the activities, program
Yesterday at 6:28 am by Rocky
» Al-Sudani: The world is witnessing crises that reflect negatively on the Arab and international peop
Yesterday at 6:24 am by Rocky
» The Parliamentary Development Institute organizes a workshop on the political role of the representa
Yesterday at 6:22 am by Rocky
» With Arab and international participation. Tomorrow will be the start of the Fourth Baghdad Internat
Yesterday at 6:21 am by Rocky
» OPEC Secretary General: The end of oil is not on the horizon
Yesterday at 6:19 am by Rocky
» Closing a number of unlicensed offices and companies south of Baghdad
Yesterday at 6:16 am by Rocky
» Repercussions of the bombing...intensive government movements to resume work in the “Kormor” field
Yesterday at 6:15 am by Rocky
» In the presence of Al-Sudani...the opening of the Arab Labor Conference in its 50th session in Baghd
Yesterday at 6:14 am by Rocky
» Al-Sudani: We are working on drawing future visions regarding the “green and digital” economic secto
Yesterday at 6:13 am by Rocky
» Barzani after the Kormor attack: We are ready to coordinate with Baghdad to put an end to these atta
Yesterday at 6:10 am by Rocky
» Al-Sudani directs the formation of an investigative committee into the circumstances of the Kormo fi
Yesterday at 6:08 am by Rocky
» Bismayah is confused about the new electronic portal.. What about the landlord and the subcontracts?
Yesterday at 6:07 am by Rocky
» Kurdistan Government: Loss of 2,500 megawatts of electricity due to targeting the Kormor field
Yesterday at 6:06 am by Rocky
» Crisis in Kurdistan: 12-hour daily power outage and complaints of “confusion”
Yesterday at 6:05 am by Rocky
» The Supreme Anti-Corruption Commission demands Nineveh for the contracts concluded by “Najm Al-Jubou
Yesterday at 6:04 am by Rocky
» Al-Khanjar, Al-Samarrai, and Abu Mazen are hosted by Shaalan Al-Karim to discuss accelerating the se
Yesterday at 6:03 am by Rocky
» Iraq asks the countries of the world to respond to its requests to extradite wanted persons: We have
Yesterday at 6:02 am by Rocky
» “It is coming soon.” The Sudanese advisor sets the date for the referral of the Baghdad metro and th
Yesterday at 6:01 am by Rocky
» Al-Mubarqa: Iraq reserves its full right to respond to the Australian behavior
Yesterday at 6:00 am by Rocky
» Dollar exchange rates on Iraqi stock exchanges... recorded a decline, and this is the list
Yesterday at 5:58 am by Rocky
» Mr. Al-Sadr supports the position of American university students
Yesterday at 5:56 am by Rocky
» Iraqis are ranked 7th in the Arab world on the list of those most seeking immigration to America. He
Yesterday at 5:55 am by Rocky
» Soon.. 3 new hospitals will open in Baghdad
Yesterday at 5:52 am by Rocky
» Sponsored by Al-Sudani...the opening of the Arab Labor Conference in its fiftieth session in Baghdad
Yesterday at 5:51 am by Rocky
» Al-Shammari chairs a meeting at the controlling headquarters to review the results of the security o
Yesterday at 5:49 am by Rocky
» Arab Labor Organization: We commend Iraq's interest in the Arab Labor Conference
Yesterday at 5:48 am by Rocky
» Al-Sudani: The development road project will provide many job opportunities
Yesterday at 5:47 am by Rocky
» Sudanese advisor criticizes Kuwaiti analyzes regarding the development road project
Fri Apr 26, 2024 3:21 pm by Rocky
» Al-Mandalawi stresses the need to strengthen economic and trade cooperation between Iraq and Poland
Fri Apr 26, 2024 3:04 pm by Rocky
» Power maneuvers: America provides defensive weapons to Kurdistan in exchange for withholding from Ba
Fri Apr 26, 2024 11:26 am by Rocky
» Kuwait is drilling an oil well near Umm Qasr, towards Iraqi territory
Fri Apr 26, 2024 11:24 am by Rocky
» In the document... the first Iraqi ministry identifies the obstacles to changing the new official wo
Fri Apr 26, 2024 11:22 am by Rocky
» Italian Institute: Iraq is stuck in its own crises, including Baghdad’s efforts to undermine the “au
Fri Apr 26, 2024 11:21 am by Rocky
» The head of the Integrity Commission announces the holding of an international Interpol conference i
Fri Apr 26, 2024 11:18 am by Rocky
» Planning: Iraqi companies are not efficient in conducting the population census
Fri Apr 26, 2024 11:14 am by Rocky
» MM&C 4/25/24 National Bank of Iraq goes live with Temenos core banking and payments
Fri Apr 26, 2024 9:06 am by Rocky