| on 24/09/2013 | author honest Jassim | readings |
BASRA / Alastqamaalaketronah-
Met with the governor of Basra Majed Nasraoui, former Kuwaiti Minister of Commerce, Salah Khorshid, and discussed with him the possibility of establishing a holding company consisting of Iraqi and Alkotah companies.
According to a statement of the province, received the "integrity" Electronic copy of it on Tuesday, "The governor of Basra Majed Nasraoui, received his official office at the Diwan of the province and minister of commerce former Kuwaiti Salah Khorshid, and discussed with him the possibility of establishing a holding company consisting of Kuwaiti companies by" 25% "and Iraqi companies "24%" and the people of Basra, "51%". "
Nasraoui added that "This company will be the first of its kind in Iraq and will have a positive impact on the reality of ages in the province.
And he "had touched the meeting to put the first steps to work the cooperative system and take advantage of the Kuwaiti experience in this field.
He pointed out that "these associations will be supported by the local government by exempting them from taxes and determine price ceilings in it."
For his part, expressed the Minister of Commerce former Kuwaiti great desire to work in Basra, which is one of the most important cities that are looking to it the attention of the investment companies in the world, stressing that "capital Kuwaiti invested in Basra have begun to increase day after day because of the security and political situation stable where in addition to the interlinkages between Kuwait and Basra. "