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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


    Abdul-Mahdi calls for the entire garrison of the investment environment and stimulating the creatio

    Rocky
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    Abdul-Mahdi calls for the entire garrison of the investment environment and stimulating the creatio Empty Abdul-Mahdi calls for the entire garrison of the investment environment and stimulating the creatio

    Post by Rocky Mon 23 Jan 2017, 3:40 am

    [size=30]Abdul-Mahdi calls for the entire garrison of the investment environment and stimulating the creation of an investor[/size]
    23/01/2017 10:33 | Number of Views: 66
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    Direction Press / Baghdad
     Former Oil Minister Adel Abdul-Mahdi, to the full protection and incentive for the investor of the investment environment is initialized.
    Mahdi said in a statement, received "direction Press" a copy of it today, "in 2004 presided over the negotiations, Iraq's return to the International Monetary Fund, was meeting in the UAE was an opportunity to meet with the community and most successful businessmen and respectful, I did not know Joseph Hanna Sheikh, who introduced the draft Iraq's large port, which aims to create a peninsula area not less than 300 km 2, extending in the territorial waters of the deep at least 30 kilometers, including allowed to enter the draft of 22 meters ships in a dedicated port for commercial goods, and oil shipments, and basins ship Repairing away from sea waves and poor weather forecasters and unable to export petroleum or unloading of the goods, which cost Iraq hundreds of millions of dollars annually. "
    He added , " as well as free markets and industries, railways, hotels and sports facilities that use tens ofthousands of workers, I was that day as finance minister and the project was introduced in the Council ofMinisters and the Economic Commission headed by Barham Salih , deputy prime minister, issued a statement welcoming the project , " noting that " the famous investment bank {Lazar Lazard } expressed willingness preliminary to finance the project, the estimated cost, estimated at $ 12 billion, as I remember, pay the wages of oil transportation project has not been implemented, turning attention to an important project, but smaller and less ambitious, a port of Faw in Ras Bisha. "
    And he finished, "and then laid the foundation stone in 2010 at a cost of 4.6 billion euros, which in turn tarry because of the financial crisis, and recently announced that it will be used for investment to complete the breakwater."
    He pointed out, "there are some signs that explain the deficit and foot-dragging these projects and others of which he once advanced investor project, step up and departments to explain it more feasible and win to accomplish the ministry of these projects, especially with the easy money derived from oil availability. Transforms it from an investment to a contractor, and also begin presentations, and departments are divided between supporters and opponents of the project, no doubt that the special interests will begin to play a role in promoting or miscarriage, and settle the matter in the end, one of them after bargains disturbing. "
    "We will also play the bureaucracy and the multiplicity of authorities and decision-corruption, and the entry of unqualified contractors, an important role in the delay and a series of distractions, ranging from the allocation of the necessary funds, to the paragraphs of the project, and its complexity and Rhawiyeh, and when the minister changed, changed direction, moving counter the interests of crashes The project .. or get financial crisis prohibit financing and repayment of advances, or fails to fulfill its obligations for the contractor, which explains the large number of Signature initials and promises and (building blocks), offset by the lack of completed projects, and the large number of suits and counter-suits. "
    He added that "the fall of the pillars of the oppressive regime (the stick too much and carrots a bit), the State rentier monopoly lost dynamism, jus, rapid, and decisive, no longer have a unified philosophy and one center of decision, but multiple different directions, and points of control, and the conflict between the authorities and departments and wills, broken some of them; this can not state institutions generally achieve Nadzh projects, and with the investment adoption of the private sector for state funds, and mechanisms of action conflicting contradictory, stalling business, according to a survey of the Ministry of planning, the accumulation of about 9000 project is completed, exceeding cost her $ 300 billion. "
    Elaborated , saying "talk too much about investing, but it is not our culture and its concepts and its applications, what we do is just contracting for projects funded by the state, ie cost plus profit Cost Plus , did not establish the concept of investing in earnest , " noting that "oil licensing contracts, and (payment on credit ) is not an exception, but a confirmation extra , "noting that" the investment required for the start of thecountry outside of state enterprises Foreign grants is a full garrison investment environment and stimulating the creation of , eligible investors only to find that they can recover their expenses and appropriate profits, the returns of their projects. a few examples, and perhaps most importantly, without mentioned problems and reservations, (mobile), and (Basra) gas, and so on. "
     
    He explained that he "can invest in ports, airports, railways and roads, to tempt investors when to protect them, and bring the country great benefits, investor will recover his expenses and profits of the transport fares for the period calculated, also a transportation mainstay for the completion of the infrastructure, making iteasier movement of people and goods, and unified markets and expanding and grow the real sectors, and encourage transit trade, tourism and religious visits, thus increasing the gross national product and employment. " sa

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