Bayonet: housing projects completed obstacle facing Sales

Bayonet: housing projects completed obstacle facing Sales

6/10/2014 0:00

BAGHDAD - Hussein al-Tamimi Tgb

The head of the Investment Commission of Babylon Alaa bayonet that investment trends across the province are going in a positive way and in the most productive and service sectors, pointing to the importance of the advancement of the banking sector which is one of the pillars of the success of the investment process through the gate of the funding must be provided.

 The bayonet in an interview for the "morning": that the body is working to provide the ideal environment for investors, pointing to the implementation of a package of projects in the fields of industry, health, entertainment and ambition largest, confirming the presence of the determinants affecting the investment you need to pause Avenue of the most important laws relating to land from the possession and transfer of ownership and allocation as well as the need requires the development of banking in Iraq that need to be developed to be significantly effective respond to the requirements of the investment.

He pointed out that various investment projects need to fund the advanced banking services and finance, indicating the importance of providing the appropriate atmosphere to enter the on-line bank financing to contribute to the achievement of sustainable development in all areas.

Sales of housing

Bayonet pointed out that the difficulties facing the housing projects sales because of laws in which it operates does not allow banks to lend to them currently conducting flexible citizen, indicating the importance that there be cooperation between banks and investment companies to get into the mechanism serve the citizen and check the economic feasibility of all parties.

He pointed to an urgent need to improve the investment climate, especially after it became bodies have accumulated experience about the nature of dealing with the international effort and ways of cooperation and requires the availability to attract advanced technology to the country and the capital that are looking for jobs are ideal, noting that improving the investment climate will cause to attract foreign investors, which is rare and little in the country.

Jobs

He possess great job opportunities in natural resources human and natural resources and has a chance to be investing standing up in the development process, pointing out that the experiences of bodies Investment provinces increased expertise and investment will rise and be an important tributary to the achievement of the process of economic development and community in spite of the difficulties and obstacles they are facing. Returned bayonet to emphasize that the banking needs to enter more strongly in business investment, sometimes in financing investment projects and other lending to citizens to buy residential units in this process is all limbs profitable when the Bank finances investment projects and when the Bank lends citizen will be the winner here the bank through his money and run through the investor receiving funds contribute to the completion of the project and the citizen through obtaining housing units and installments for a long time this dialectical relationship win on all sides.


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