Free Zones 12 investment contracts entered into during the first half of the current year

Free Zones 12 investment contracts entered into during the first half of the current year




07/22/2013 12:00 AM


As playing a major role in attracting investment to the country
Baghdad - Mostafa Hashemi
said the General Authority for Free Zones of the Ministry of Finance concluded during the first half of this year, 12 investment contracts with a number of international companies and from different nationalities, as well as local companies. said a source in the body in the statement (morning): The contracts signed are all from the free zone in the Khor Al-Zubair in Basra and Fulayfel in Nineveh province, adding that the contracts signed are different activities and spaces, adding that it came after it announced the earlier availability of spaces wide range of land for investors, domestic and foreign companies in the free zones of the three in Iraq.
his part, said the academic economic d. Majid Baidhani that the free zones of Iraq plays a big role in attracting investments into the country by attracting major international companies.
exist in the country three free zones head is located in each of the Khor Al-Zubair in Basra and Fulayfel Nineveh province, as well as in Qaim in Anbar province.
said Baidhani (morning): The facilities in the free zones, which include tax breaks and customs attract investors to set up projects which also allows traders to Iraqis showcase their products and goods by making use of the facilities of lack of fees paid by companies to Iraq in order to achieve economic environment serves both parties, noting that it would create a fertile environment for the exchange of trade between major companies on the one hand and Iraq on the other.
Meanwhile Search governor of Basra d. Majid Nasarawi, with the Director General of the General Authority for Free Zones morning in favor of Qaisi ways to promote investment in the province and how to support projects in the region free incense Zubair. According to a statement of the Commission received the (morning) yesterday: that the governor stressed the need to continue the free zone in investment activities with devices to maintain the pose of great importance in increasing the volume of investment.
added that Qaisi gave a detailed explanation about the reality of investment free zone in the Khor Al-Zubair and the role that play in increasing the volume of investment in the province. The statement noted that the governor praised the achievements made ​​by these regions to raise the level of investment in the province and expressed his desire to see himself on projects built within the Free Zone in Khor Al-Zubair.
noted conservative - according to the statement - the need to open an office represents free zone in the center of the province in order to promote and participate in all economic activities set up by the province.

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