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Investment Authority to borrow from banks to make payments draft بسماية the
2013-09-25 09/25/2013
The Council of Ministers announced its approval of the borrowing Alastosmarltamoal payments owed to the company (South Korean Hanwha) implementing a residential بسماية project.
. A government statement said received / JD / copy of it: The Council of Ministers authorized the Chairman of the National Investment Agency authority to sign a loan contract with three banks as borrowers (Rafidain and Rasheed, Iraqi Trade) to finance the payments owed to the company (Hanwha, South Korea).
The statement said that borrowing the National Investment Commission of the amounts required represents a commitment nodal for the implementation of an investment project business is calculated on the basis of the financing of operational projects or investment within the budget of the Commission, referring to the amount to be repaid later batches citizens who wish to purchase housing units in the City project بسماية, with the continued validity vested in the Minister of Finance under the Council of Ministers Resolution No. (357) for the year 2013.
/22/ The statement stressed that the National Investment Commission waive the letter of guarantee submitted by the company to each according to three banks accounted for in the loan as a guarantee only. / End / / 22
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2013-09-25 09/25/2013
The Council of Ministers announced its approval of the borrowing Alastosmarltamoal payments owed to the company (South Korean Hanwha) implementing a residential بسماية project.
. A government statement said received / JD / copy of it: The Council of Ministers authorized the Chairman of the National Investment Agency authority to sign a loan contract with three banks as borrowers (Rafidain and Rasheed, Iraqi Trade) to finance the payments owed to the company (Hanwha, South Korea).
The statement said that borrowing the National Investment Commission of the amounts required represents a commitment nodal for the implementation of an investment project business is calculated on the basis of the financing of operational projects or investment within the budget of the Commission, referring to the amount to be repaid later batches citizens who wish to purchase housing units in the City project بسماية, with the continued validity vested in the Minister of Finance under the Council of Ministers Resolution No. (357) for the year 2013.
/22/ The statement stressed that the National Investment Commission waive the letter of guarantee submitted by the company to each according to three banks accounted for in the loan as a guarantee only. / End / / 22
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