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Investment zones
9/11/2016 0:00
[rtl]
Dr.. As Abdul Hadi
investment areas of modern economic concepts in the context of attracting foreign investment, which may identifies with some of the nearby terms of economic Kalmnatq and cities and industrial free zones and cities , free because there is a common denominator Prime among them is the economic activities in a specific place focused in order to create a state of integration with each other and provide the elements of the activities in which only the convergence mentioned does not reflect the same content for those titles.
through the historical background of the development of those areas , a review of cross - economic literature , we can put them in two main groups first , including the free zones , which are based on the provision of specific locations for the application free zones , which are usually close to the border between the states, either the second group includes investment or economic cities , which is based mostly on compiling similar economic activities which contribute to the provision of the establishment of such activities requirements of larger because of similar needs and create a harmonious business environment with the law .
Iraqi investment Law No. 13 of 2006 , did not lose sight of the importance of these areas where the Article (9 / VII) than to "work to establish a safe investment areas with the approval of the cabinet" comes in the context of the means by which to encourage investment in Iraq especially in light of the unstable security situation in many areas.
despite the passage of more than a dozen years on the issuance of the investment law ,but the above - mentioned article did not do to this day no one knows why !! ..
And here we would like to note the importance of the establishment of these areas to determine their use and the nature of the projects that can be built in with the necessity of the state 's commitment to link their services with basic services and then announce these areas for investment holding companies that are the last to develop investment zone and the establishment of infrastructure and then rental of land and buildings where the cut for investors after taking into consideration the cost of infrastructure and services to be provided by the company to
them.[/rtl]
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