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Party conflicts The investment in Dhi Qar has been stalled for more than two years
Dhi Qar / Hussein Al-Amel
Party conflicts The investment in Dhi Qar has been stalled for more than two years
Dhi Qar / Hussein Al-Amel
The head of the strategic planning and investment committee in the province of Dhi Qar, the political interactions and interests prevent the resolution of the procedures for the formation of a new board of the investment of the province, and pointed to the cessation of many investment projects in the housing sector, confirmed that the salvation of organizations calling for sending reassuring messages For investors.
The head of the strategic planning and investment committee in the province of Dhi Qar Ashwaq al-Zuhairi for "range", "The investment in Dhi Qar and the whole of Iraq is facing a big problem and he needs a real pause at the highest levels as he faces major obstacles that made him stumble in all provinces and not in Dhi Qar Alone ".
Zuhairi pointed out that "the investment environment, whether in Iraq or the province of Dhi Qar is an environment repelled by the security instability in a number of Iraqi cities, which is necessarily reflected on the investment environment in the province."
Al-Zuhairi said that "foreign investments do not consider the Iraqi provinces stable in isolation from other provinces, which is an assessment of the situation in all of Iraq and is eager to be safe to invest." Noting that "investment in Iraq is a good opportunity to achieve profits."
Al-Zuhairi said that "the salvation of the organizations of the urging has sent reassuring messages to investors who are waiting and waiting before the use of their funds in large investment projects in Iraq
She pointed out that" the unstable security situation was not motivating foreign investors to seek investment opportunities in Iraq that the country is in a state of war and the depletion of financial and human resources and these messages are not reassuring to investors "The
head of the Planning and Investment Committee," The investment still faces other problems that hinder the growth of the investment sector, including the struggle of parties to share the positions of boards of directors of bodies Fruits and as is currently happening in Dhi Qar and some other provinces. "
Zuhairi said that"
"The investment projects in the housing sector mostly parked in Dhi Qar as a result of the adoption of a financial system is not conducive to investment, especially in the area of lending and therefore reflected negatively on the marketing of housing units, so that some investors are in a state of regret as a result."
Al-Zuhairi called for the adoption of an encouraging banking system for investors and citizens wishing to own residential units within the investment projects.
She pointed out that "the administrative procedures and laws and the investment law in Iraq is also need to re-evaluate and take effective steps to establish an investment-encouraging system."
The governor of Dhi Qar Yahya Naciri, announced on Saturday (February 6, 2016), the opening of the nomination for the post of Chairman of the Investment Authority Dhi Qar and his deputy, but the order of those positions and other positions in the Board of Directors of the Investment Commission was not resolved despite the passage of about two years for reasons attributed by some Observers of political disputes related to the sharing of such positions among the main parties represented in the provincial council.
The Board of Dhi Qar the former voted in its meeting on August 16, 2010 and the majority of its members on the selection of the Board of Directors (outgoing) of the Investment Authority where was chosen Dr. Loay Khairallah Chairman of the Investment Authority Dhi Qar and Engineer Abdul Ridha Afrawi as his deputy, Stopped because of the exemption of its former president.
The Dhi Qar Investment Commission has granted 36 investment licenses in all sectors of investment, including licenses for 17 investment projects in the housing sector, more than half of them are currently suspended.
The director of the one-window section in the investment of Dhi Qar Ahmed Ghrithat Taher al-Askari said in (February 27, 2017) that the number of investment opportunities available and currently announced in the entire province of Dhi Qar 150 investment opportunities in the sectors of housing, agriculture, industry, education and trade health, . Indicating that the most prominent obstacles to investment are tribal objections and weak cooperation of the departments and owners of land in the area of granting approvals to the investor.
Zuhairi pointed out that "the investment environment, whether in Iraq or the province of Dhi Qar is an environment repelled by the security instability in a number of Iraqi cities, which is necessarily reflected on the investment environment in the province."
Al-Zuhairi said that "foreign investments do not consider the Iraqi provinces stable in isolation from other provinces, which is an assessment of the situation in all of Iraq and is eager to be safe to invest." Noting that "investment in Iraq is a good opportunity to achieve profits."
Al-Zuhairi said that "the salvation of the organizations of the urging has sent reassuring messages to investors who are waiting and waiting before the use of their funds in large investment projects in Iraq
She pointed out that" the unstable security situation was not motivating foreign investors to seek investment opportunities in Iraq that the country is in a state of war and the depletion of financial and human resources and these messages are not reassuring to investors "The
head of the Planning and Investment Committee," The investment still faces other problems that hinder the growth of the investment sector, including the struggle of parties to share the positions of boards of directors of bodies Fruits and as is currently happening in Dhi Qar and some other provinces. "
Zuhairi said that"
"The investment projects in the housing sector mostly parked in Dhi Qar as a result of the adoption of a financial system is not conducive to investment, especially in the area of lending and therefore reflected negatively on the marketing of housing units, so that some investors are in a state of regret as a result."
Al-Zuhairi called for the adoption of an encouraging banking system for investors and citizens wishing to own residential units within the investment projects.
She pointed out that "the administrative procedures and laws and the investment law in Iraq is also need to re-evaluate and take effective steps to establish an investment-encouraging system."
The governor of Dhi Qar Yahya Naciri, announced on Saturday (February 6, 2016), the opening of the nomination for the post of Chairman of the Investment Authority Dhi Qar and his deputy, but the order of those positions and other positions in the Board of Directors of the Investment Commission was not resolved despite the passage of about two years for reasons attributed by some Observers of political disputes related to the sharing of such positions among the main parties represented in the provincial council.
The Board of Dhi Qar the former voted in its meeting on August 16, 2010 and the majority of its members on the selection of the Board of Directors (outgoing) of the Investment Authority where was chosen Dr. Loay Khairallah Chairman of the Investment Authority Dhi Qar and Engineer Abdul Ridha Afrawi as his deputy, Stopped because of the exemption of its former president.
The Dhi Qar Investment Commission has granted 36 investment licenses in all sectors of investment, including licenses for 17 investment projects in the housing sector, more than half of them are currently suspended.
The director of the one-window section in the investment of Dhi Qar Ahmed Ghrithat Taher al-Askari said in (February 27, 2017) that the number of investment opportunities available and currently announced in the entire province of Dhi Qar 150 investment opportunities in the sectors of housing, agriculture, industry, education and trade health, . Indicating that the most prominent obstacles to investment are tribal objections and weak cooperation of the departments and owners of land in the area of granting approvals to the investor.
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