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Businessmen and investors are looking to enter the local market
05/7/2018 12:00 am [rtl] Washington - Nafie al-Fartousi , a leading Iraqi businessman and investor, expressed his desire to enter the Iraqi market, which they described as "promising" for the foreseeable future. He praised the efforts of the Iraqi government after the expulsion of terrorist organizations and the adoption of a free market economy, as well as facilities to promote the Iraqi economy, which attracts many companies and companies in various continents of the world. Food products Arab businessman Ziad Nashashibi explained to "Sabah" the desire of his group specialized in the industries and food products to enter the Iraqi market and the holding of some production lines, especially in Babylon and Basra and Karbala in the field of dates and food packaging, noting that many of the Iraqi products are required in the Canadian and American markets , Especially by the Arab communities residing in them. "He will meet with his Iraqi counterparts at a conference soon to be held in Istanbul, Turkey, in preparation for the arrival of his group and its entry to invest in this area in Iraq," Nashashibi said . Promising market Iraqi investor Walid Hormuz , said that " theIraqi market is gaining good vitality because it is located in an active area and fast - growing first and to provide effective features such as the availability of natural resources , human resources and expertise, which heralds a promising future for the Iraqi people over the next few years." Hormuz added that he had contacts with the Iraqi Investment Authority and there are studies and steps have made good progress before starting two projects, one of which is residential in the outskirts of the capital Baghdad, and the other industrial related to the field of steel and steel may be implemented in Basra or Najaf. Praising the facilities provided by the Investment Authority, such as tax exemptions and the speed of resolution of the procedures for the allocation of land through a single window and simple symbolic rent allowances and for relatively long periods of time. The American automobile company, Elias Dameer Jian, is a Lebanese American who spoke to us about the desire of his company (KLQ), which specializes in manufacturing and supplying American car parts (Ford, Chevrolet and Dodge Chrysler) by opening two branches in Erbil and Babil. "For about a year, the Iraqi market has been studying and seeing it as healthy, active and highly regarded by customers and industrialists," Damarjan said. He pointed to the possibility of setting up a line for the collection of small trucks and sedans after the conclusion of an agreement with the Ministry of Industry of Iraq, where he holds a Chevrolet to collect small cars and trucks type (Saturn), noting that "the budget of projects he intends to implement in Iraq close to 450 million dollars." [/rtl] [rtl][You must be registered and logged in to see this link.] [/rtl] |
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