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Opening the door for investment for local and foreign companies for the implementation of the port of Faw
7/28/2016 0:00
[rtl]BAGHDAD - morning ,
announced the Minister of Transport Agency Abdul Hussein Abtan open the door ofinvestment for local and foreign companies in the port of Faw predicted the local administration of the province of Basra , said the project is investigating the case ofaccomplished finance imports of up to ten times those of other enterprises.
Declare Abtan came during a workshop companies wishing to invest in the port of Faw with the participation of 13 companies and representatives from the interior, defense and oil ministries and the governor of Basra Majed Nasraoui and provincial council chairman morning Albzona and deputy governors.
strategic projects , said Abtan during his speech at the workshop: the «Basra , the first fruits, local government and the citizens of Basra them priority in such strategic projects which will be held on the land of the province, and is supposed to work as much as possible to complete this important project ». stressed the need to complete the project until Basra and its citizens benefit from the operation of the projects in the right way which leads to job creation for young people». Abtan He noted that «of the Ministry ofTransport and the Investment Authority is willing to cooperate and start and opened thedoors of investment for this project is the giant strategic federal government». He said that we are «We expect the companies attending and non - attending local companies and the Iraqi ministries interact with this project and starting to complete it ». Finance imports doubling his part , said the governor of Basra Majed Nasraoui said the port ofFaw will give 10 times as much as give it the rest of the Iraqi ports. he said Nasraoui in his speech Wednesday: the «Basra is the only water port where the ports and five in thepresence of everyone 's going to be the biggest footprint in the port of Faw«, indicating that « the governorate has implementers border crossings are important with neighboring Iran and Kuwait, and we have a project for the opening of the third port with Saudi Arabia ». He said» Basra has a large population density, where six consulates do not exist in all provinces except the province of Kurdistan what makes an incubator for investors, as well as the presence of more than 100 thousand foreigners working in theoil sector and ports, a guide to it an attractive environment for investors, knowing that he did not suffer an alien to any security incident, and they have lived together with thepeople of the province ». Nasraoui He noted that «Faw port will reach between my way the Gulf states, and is« interesting tool »to accommodate hands optic Iraqi working all, as we will complete through this project , all the infrastructure , a railway to create theport to be reverberate positively on Iraq.» Also he pointed out that « The aim of this conference is to invest in the province and give a clear message that the ministry and the Investment Authority and the local government stand together and benefit from it that we hear from the companies, as well as there are obstacles when companies need to beheard directly in the presence of those responsible and oversight, to see the problems and constraints and security required companies to visibility ». governor of Basra ,continued by saying:« we want to get to the mutual benefit between the central and local investor the two governments will hold a second workshop negotiating to reach anintegrated ground and for the benefit of all ». remove red tape either Prime Basra Governorate Council morning Albzona MacKay referred in turn, to that the province will not allow to disrupt the project port of Faw. among Albzona that « the Council isunaware of the reasons that delayed the project port of Faw so far», adding that « theport was competing port of Khor Abdullah Kuwait, but we have a local as a government ,we will not allow anymore to delay the port project FAO ». He added that« politicians have managed to end their differences , politics and security men also succeeded in freeing land operation, but the men of the economy where their role? We have a lot of idle facilities, as well as Basra ports », saying« Today we need to economists, and apply positive steps because there are resources other than oil ». He said« we support and help for all companies involved in the establishment of the port of Faw to maintain, Wedo not accept that there will be Off companies and will remove all joints of red tape to speed up its creation. »[/rtl]
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