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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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    Iraq plans to spend $ 186 billion in public investment estimates for the next five years

    Rocky
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    Iraq plans to spend $ 186 billion in public investment estimates for the next five years Empty Iraq plans to spend $ 186 billion in public investment estimates for the next five years

    Post by Rocky Tue 18 Sep 2018, 6:01 am

    Iraq plans to spend $ 186 billion in public investment estimates for the next five years
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    BAGHDAD (Reuters) - Iraq plans to spend $ 186 billion in public investment estimates for the next five years, the Minister of Planning and Trade Minister Salman Jumaili said on Tuesday.
    "In accordance with the National Development Plan 2018-2022, we plan to launch infrastructure projects worth about 5 billion dollars," Jumaili said in a speech at the Sixth International Conference on Infrastructure Cooperation, which began in Seoul, In the form of significant investment opportunities in partnership with the local and foreign private sector, and planning to develop a successful model of public-private partnerships in the region with investments of about US $ 10 billion over the next five years, Renewable energy, transportation, infrastructure, urban development, solid waste, urban development and the green economy. "
    Al-Jumaili added, "The estimated public investments to be spent over the next five years are more than $ 186 billion. It is hoped that the private sector will contribute more than 40%. The oil and gas sector ranked first in terms of relative importance of 38% Sanitation, transport, communications, roads and bridges) by more than 20% ".
    He added that "Iraq provides in the field of facilitating business and investment incentives to investors in the development and industrial areas in all regions of Iraq to enter the largest markets in the world and the region, especially through the incentives of the law to encourage investment and free trade agreements with several blocs and the world, including improving the order of Iraq in international reports In the field of business, competitiveness and transparency, and that Iraq is continuing to take further measures to improve its ranking in these reports. It has moved from the traditional method of identifying projects to adopting the method of partnerships by emphasizing the role of the private sector Tbarh a key partner in the development process and an engine of economic growth. " Finished 1


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