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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


    The imperatives of investment promotion

    Rocky
    Rocky
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    Posts : 274019
    Join date : 2012-12-21

    The imperatives of investment promotion Empty The imperatives of investment promotion

    Post by Rocky Mon 20 Mar 2017, 2:18 pm

    The imperatives of investment promotion

    3/20/2017 0:00

    Saad al-Tai

    The investment projects in various fields one of the most important engines of the national economy by what they offer many job opportunities and the availability of goods and services that contribute to move the economic wheel, Valparwat investment productivity provides thousands of jobs and provide goods and services that meet local market needs, which will lead to dispense goods imported goods that can be a burden on the public budget.

    Through investments to benefit from the local and foreign private sector expertise in project management and enable some companies to employ cutting - edge technology in the areas of its work to modernize economic projects, it is known that the investing companies, especially foreign looking for the encouraging environment comes in the forefront of investment regulating the work of these companies legislation, with stable economic policies and get rid of the bureaucratic procedures that hamper investment so as to ensure the continuation of these companies in their work for many years.

    These projects , which can be varied in many areas , both in the areas of infrastructure, industrial, agricultural or service will contribute to the development of the Iraqi economy and diversify its resources as well as the availability of jobs reduce unemployment afflicting the country.

    Investment is an important resource for the state budget and an engine of economic, industrial and service projects of various kinds , and in order to achieve economic activity hurt in the growth and prosperity of the economy , the national, especially foreign investments, particularly investments in industrial and technological fields that work on the development of existing industries there are new industries by expertise and technical and financial capabilities owned by companies that foreign.

    It is noted the weakness of foreign investment in the country where there exist only some of the developer of the Iraqi oil industry , but the rest of the productive sectors in which any foreign investments are not available, which requires reconsideration of encouraging investment policies to attract the largest number of them, in order to start the implementation of projects that can be achieved good economic additions to the country can work to stabilize the upper economic policies and provide some incentives such as customs exemptions and tax breaks and the promotion of trade opening processes and the elimination of heavy bureaucratic procedures , which is a major obstacle in the way of investments and provide the necessary legal protection for these investments, because the investor, as it is known, seeks to more secure areas and most opportunities in enhancing profits and the least risky.

    Therefore , the work on the development of investment strategy in the country to bring a sponsor of many investment projects in various fields to the country as reflected positively, in the final analysis, on the growth and development of the national economy.


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