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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Dhi Qar accuses the Ministry of Industry and Parliament of disrupting investment in its industrial c

    Rocky
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    Dhi Qar accuses the Ministry of Industry and Parliament of disrupting investment in its industrial c Empty Dhi Qar accuses the Ministry of Industry and Parliament of disrupting investment in its industrial c

    Post by Rocky Wed 10 Jan 2018, 2:03 am

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    Dhi Qar accuses the Ministry of Industry and Parliament of disrupting investment in its industrial city


     Dhi Qar / Range 

    The province of Dhi Qar on Tuesday (January 9, 2018) accused the Ministry of Industry and the House of Representatives of obstructing investment in the industrial city of Dhi Qar for several years, and showed that the solutions put forward by the province to expedite the transfer of the said city for investment has faced great difficulties due to administrative routine in the Ministry of Industry and delay Parliament in legislation Industrial Cities Law for unknown reasons.

    The governor of Dhi Qar Yahya Naciri for the extent that "the province of Dhi Qar has already demanded the Ministry of Industry and the federal government to refer the industrial city for investment, has put several solutions in this regard for the purpose of advancing the economy and provide job opportunities for the unemployed and graduates in the province," noting that "solutions put forward by the government Local to promote the economic sector faced a lot of obstacles from the federal ministries, especially in the file transfer of the industrial city of investment, which was interrupted for several years because of administrative routine in the Ministry of Industry. 
    The governor of Dhi Qar that "the Ministry of Industry attributed the delay in resolving the file of the industrial city to the adoption of the law of industrial cities by the parliament, which was interrupted in the legislation of that law for unknown reasons," pointing out that these justifications made the file of the industrial city revolves in a vicious circle.
    Naciri added that "Dhi Qar held more than a meeting with the Ministry of Industry, but did not result in positive results, although the province to provide alternatives and solutions to overcome obstacles to direct investment in the industrial city." 
    Pointing out that the transfer of the Industrial City for investment would contribute to create many jobs for the people of the province and move the wheel of the economy and support the local industry. 
    Al-Nasseri called on the Ministry of Industry and the Federal Government to take exceptional measures to address the administrative routine and overcome the obstacles that prevent the advancement of the investment sector and impede the work of investors. He added that "the management of Dhi Qar hopes that the investment address the current economic problems and be supportive of the economy of the province, which enjoys a good security stability, and to compensate for the lack of funding faced by the country as a result of the financial crisis caused by falling oil prices."
    The governor of Dhi Qar said that "stimulating investment activity requires the availability of basic requirements, including exceeding the administrative routine and activating the new investment law to facilitate the work of investors and accelerate the enactment of the law of industrial cities or to find a modern banking system consistent with the work of investment companies and the movement of global capital, Procedures and extraordinary decisions of the Prime Minister and the Council of Ministers and the Council of Representatives. " 
    Noting that "keeping pace with the global system of investment also requires the use of experts in the management of capital and activate its movement in the investment sector to be able to contribute in the face of the current financial crisis." 
    For his part, said economist Wissam Taher of the range that "
    He added that "one of the most prominent impediments to investment in the province of Dhi Qar is the conflict of old laws that are still in force in government departments and ministries and opposed with the new investment law, which made investors reluctant to invest their investment projects." 
    He pointed out that "the approvals of the investment project requires the approval of more than 10 ministries and official circles, which made the investor alienate from those procedures, not to mention the administrative routine and tribal objections and the unstable security situation and lack of investor confidence in government institutions and changing laws." 
    Pointing out that the Investment Authority seeks to attract foreign investment, but at the same time unable to convince the local investor to enter the investment market in the province.
    The industrial city in Dhi Qar, which was implemented on an area of ​​2000 acres of four industrial zones, two light industries and two medium industries have been equipped with all necessary services for the establishment of factories, was allocated 62 billion dinars for the work of the first and second phases of the implementation of the industrial city. 
    The governor of Dhi Qar Yahya al-Nasseri, called on (25 January 2016), the Prime Minister, to take extraordinary measures to activate the investment law and overcome the administrative routine and obstacles that hinder the work of investors, stressing the ability of the investment sector to support the economy of the country when the work environment Suitable for investors. 
    The Dhi Qar Investment Commission granted 36 investment licenses in all investment sectors, including licenses for 17 investment projects in the housing sector, but most of these projects are currently suspended.



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