Investment companies and social benefits

Investment companies and social benefits



5/18/2017 0:00

Ahmed Sumaidaie has
become the responsibility and social benefits of the basic elements and main themes that affect the attention of local and international circles because of its economic effect involves positive both in improving the standard of living or improve the economic and social welfare for those who live in the exploration areas and oil production and the gas covered by these benefits. The responsibility and social benefits of paramount importance in creating sustainable economic development of geographical regions and provinces of Iraq operating in the territory of oil companies operating in the extractive sector, and what proved clauses in contracts for oil companies signed by the Iraqi government, which took this responsibility and the benefits portion of those contracts that put companies in front of the required rights to local communities, which is a moral and legal obligation by companies.
There are European countries and Arab productive sectors of oil and gas was able Pairing sustainable economic development and the employment of natural resources and harnessed, and at the same time characterized by working in some countries , companies increased attention to the implementation of the provisions and requirements of responsibility and social benefits.
We must proceed with the oil companies operating to take a real role in this area and we have accepted Shell 's experience in Iraq to develop oil - the operator of the field Majnoon oil president, which carried out several projects in the period 2014- 2016 under the framework of social benefits in Basra province, building secondary for girls in hand orgasm with a capacity of 300 students, in addition to equipping 36 schools in units of water treatment and rehabilitation and construction of school Jawadain in terms of the monastery, and is currently in the development of a feasibility study for the various social benefits projects in the province. And the company has been able through direct cooperation with the governor of Basra, the provincial council and the Basra oil company to implement previous projects to the fullest face is required and the development of a feasibility study for all planned for the current year projects.
And it is mentioned projects with a positive character of the societies to its important role in encouraging students to enroll in schools and the practice of the remarkable development in the field of education, in addition to the provision of health requirements of sterile water to maintain the physical health of students and female students.
And still there is a constant need in all local communities to provide services and this needs to be a combination of efforts from all stakeholders related to the provision, which include local government departments in various joints.
And it is the responsibility and social benefits for companies is of paramount importance in creating sustainable for different geographical areas within which they operate operating in the sector companies extractive economic development and this should be disclosed in order to serve the interests of the population of the areas surrounding the fields produced, it must also take into account operating in the performance of the liability companies and social benefits, in line with the economic development plans.
Ultimately Governments must develop a comprehensive strategy for social responsibility and benefits to encourage cases of harmony between public policies and initiatives that are developed by companies in order to support sustainable development and Alnamwalaguetsada and provide jobs, promote innovation and entrepreneurship in the technologies and sustainable products and services that meet community needs.

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