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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

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    Advisor to the Prime Minister: We are seeking to establish joint investment funds with Japan, Saudi

    Rocky
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    Advisor to the Prime Minister: We are seeking to establish joint investment funds with Japan, Saudi Empty Advisor to the Prime Minister: We are seeking to establish joint investment funds with Japan, Saudi

    Post by Rocky Wed 11 Oct 2023, 2:56 pm

    Advisor to the Prime Minister: We are seeking to establish joint investment funds with Japan, Saudi Arabia, and Italy

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    Economy News - Baghdad
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    Advisor to the Prime Minister for Investment Affairs, Mohamed Al-Najjar, announced on Wednesday that work is underway to establish joint development funds with Japan, Saudi Arabia and Italy, pointing out that the private sector has not played its real role yet.
    Al-Najjar said during his hosting of a symposium on the sidelines of the “Miri” Forum in the city of Erbil, which was followed by “Al-Iqtisad News”: “The Development Fund is a new project that was launched six years ago. Its goal was to start with the point of how to build Iraq economically.”
    He added, "The Development Fund is divided into six funds that aim to address the real problems represented by housing, agriculture, digital transformation, industry, and education."
    He stated, "The idea is to launch projects on a national level and the private sector will invest in them, and we as a state guarantee the purchase of the services resulting from them. This is a new way of thinking."
    Al-Najjar stated, “During the next week, we will present the idea of ​​establishing more than a thousand schools by the private sector, and the government will rent them. The second project is called “Rent and Own” to address the housing problem that the country suffers from, which is estimated to need 3.5 million housing units. The sector will Concerning the establishment of residential complexes, we rent them to citizens until the citizen owns them.
    The advisor indicated that the government is discussing with a number of global funds, in order to establish investment funds, as there is an idea to launch an Iraqi-Japanese investment fund, another with Italy, and a third with Saudi Arabia, explaining that the budget allocated one trillion dinars to establish a development fund.


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    Added 10/11/2023 - 5:52 PM https://economy-news.net/content.php?id=36929[/size]
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