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He consultant Iraqi Institute for Economic Reform, Dr. Ahmed al-Husseini importance of free zones in Iraq being a real environment for attracting foreign investment. Said Husseini told the (morning) that foreign investments in the industrial free zone in Basra would increase state revenues and reduce dependence on the oil resources of the country.
The Chancellor announced that a study has been submitted to the Council of Ministers for the purpose of annexation of part of the port of Faw in Basra Free Zone to be the best free zone at the level of regional countries.
In the same vein concluded the General Authority for Free Zones of the Ministry of Finance signed a contract with the Iraqi company United Co., Ltd. to invest the free zone in the province of Nineveh. Said in a statement of the body: it entered into a contract with the Iraqi company United Co., Ltd. to invest in the project covers an area of 6000 square meters, explained that the project activity specialist in general trade. Last month, the Commission entered into a contract with two companies first and second local UAE to invest in the region free incense Zubair. The statement added that the first contract entered into with a company boss General Trading Co., Ltd. project area of 9,000 square meters activity specializes in general trade, either the second decade Vtm concluded with the company (ALE Middle East), the UAE and an area of 10,000 square meters for the investment project in general trade free zone in the Khor Al-Zubair Basra province as well. The Free Zone in Nineveh and Khor Al-Zubair witnessing a remarkable development as a result of the investment companies turnout of local, regional and global investment.
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He consultant Iraqi Institute for Economic Reform, Dr. Ahmed al-Husseini importance of free zones in Iraq being a real environment for attracting foreign investment. Said Husseini told the (morning) that foreign investments in the industrial free zone in Basra would increase state revenues and reduce dependence on the oil resources of the country.
The Chancellor announced that a study has been submitted to the Council of Ministers for the purpose of annexation of part of the port of Faw in Basra Free Zone to be the best free zone at the level of regional countries.
In the same vein concluded the General Authority for Free Zones of the Ministry of Finance signed a contract with the Iraqi company United Co., Ltd. to invest the free zone in the province of Nineveh. Said in a statement of the body: it entered into a contract with the Iraqi company United Co., Ltd. to invest in the project covers an area of 6000 square meters, explained that the project activity specialist in general trade. Last month, the Commission entered into a contract with two companies first and second local UAE to invest in the region free incense Zubair. The statement added that the first contract entered into with a company boss General Trading Co., Ltd. project area of 9,000 square meters activity specializes in general trade, either the second decade Vtm concluded with the company (ALE Middle East), the UAE and an area of 10,000 square meters for the investment project in general trade free zone in the Khor Al-Zubair Basra province as well. The Free Zone in Nineveh and Khor Al-Zubair witnessing a remarkable development as a result of the investment companies turnout of local, regional and global investment.
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