Call for the inclusion of productive projects risk insurance

Call for the inclusion of productive projects risk insurance



10/07/2013 12:00 AM

Baghdad - Mostafa Hashemi

Government intervention is to meet the challenges of the investment projects in the productive sectors of one of the most important factors of economic stabilization of Iraq where this is - according to an economist - by inventing new ways to attract investors that will achieve the desired economic targets for the advancement of the production process . As the insurance cover direct grants by the government is one of the national security costs associated with security and economic stability.

In this regard , he called economic expert, Dr. Mohammed Saleh appearance involved in the government to regulate all production projects in the investment map and insurance coverage against risks outside the will of the investor , returned it with one of the costs of national security. Saleh said in a statement ( morning) that index investing in general in the country is still weak, because most investors are looking for quick profits and guaranteed through financial speculation and trade in consumer which will last for a period of 6 months at best.

He pointed out that insurance companies in the activity Iraq to ايرقى to the level of ambition , likely to be so limited their capital here requires government intervention to support the economy by creating new attractions for investors , including giving them insurance against risks beyond their will.

Saleh saw that the government insure their production projects within the investment plan for recovery , while their capital is a catalyst for investors , as he is one of the costs of the country's national security because it is an important factor of economic stability .

He noted that the instability directly affect the investment , where it is noticed that the investment projects of a productive nature declining in the country because of the uncertainty and the lack of recovery Maydmn capital investors in such projects. Noting that it is no reason to concern investors from investing in productive projects and directing their activities to the business and speculation to achieve rapid and guaranteed profits and low risks . The economic expert to stabilize the situation in general in any country in the world has a great impact in achieving the so-called field green or security for investment in the productive sectors , including moving the joints of the economy as a whole, explaining that the investment projects in the areas of production contribute to reduce unemployment and provide many job opportunities as well as for it is a good profits for investors because such projects in general that will pour into the recycling economy and development.

For his part, Director General of the Department of Registration of companies in the Ministry of Trade and agency Adnan Tahir happy that compass of domestic economic activity , namely the exercise of commercial companies for its business in various economic fields , indicate that the majority of companies that have been recorded recently , tend to engage in acts of banking and money transfer in addition to the contracting works . He said in a statement (morning) that the percentage of registration individual projects Kalorh the weak and small factories when compared to prepare companies practicing financial activities and general contracting .

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