Basra, the focus of attention of the foreign investor .. and expectations that attracts complex "Time Square" big companies in the world
BAGHDAD / Ibrahim Ibrahim
Experts called economy of local government in Basra to direct foreign investment worthwhile infrastructure in the province rather than the creation of projects is "not economically feasible", while confirming the Basra Investment Commission to site preservation and its strategic importance Tahlan the province to take a distinct role at the regional level in the region.
The economist said Mustafa Mohamed Habib in an interview for the "long", that "Basra province is the spirit of Iraq's economic because of its location Jfrafa overlooking the bay and what they contain territory of mineral wealth multiple and most importantly oil."
and added that "despite the delay in the wheel of investment in Basra But it represents a glimmer of hope for the development of the economic and financial order to enter dozens of foreign companies and set up service projects and great entertainment contribute to the near-term increase incomes fiscal conservative. "
said Habib, "The past years have proved the weakness of local companies and their lack of experience necessary in the construction and reconstruction of the province in addition to the reluctance Direct all projects entrusted to them, causing significant financial losses to offset the Basra local. "
and said the "evolution of the investment side in the province of Basra during the past few years is not consistent with the importance of the strategic town, which match the city of Dubai Gulf and that the presence of the money crisis and expertise sufficient to make them kiss the world economic . "
and stressed that "the Government of Basra, the local has a duty to provide basic services to the citizen visual and the most important drinking water instead of the establishment of the cities major entertainment consume millions of dollars."
and pointed out that "could foreign investment and through plans by provincial officials for the Advancement of service sectors of the province without waiting Government Center and plans failed and confusing. "
confirmed Basra Investment Commission, said that foreign investment in the province amounted to 68% of the sum of the total investment, a "positive indication" on its investment environment, attributed the reason to the "importance of the site Basra to bring in foreign investors and conditions of safe and stable, which has by comparison to the rest of the provinces, "As indicated they were given in the first half of this year," leaves of investment "in the amount of one billion and 100 million dollars, pointed to" two distinct referred to them stigmatized "and directed to grant investment opportunities for the development of Basra airport.
said chairman of BIC on the Gaspe In an interview for the "long-Presse," that "the foreign investment reached a higher proportion of domestic investment where averaged 68% for foreign and 28% for local and 4% joint venture between foreign and domestic in Basra," he said, adding that "this positive indicator on the investment environment in the province." .
explained Gaspe that "the first half of the current year 2014 saw the granting of investment opportunities for an estimated one billion and 100 million dollars," returned "This amount is the highest percentage in the path of investment projects in the province despite the difficult security conditions experienced by the country during the current stage" .
confirmed Gaspe "the importance of site Basra to bring in foreign investors as an economic city safe compared to the rest of the provinces," he said, adding that "the promotion of investment opportunities is the other contributed in bringing foreign investment companies."
and pointed head of Basra Investment Commission to "the presence of foreign banks and their presence before the advent of the investor and read the foreign investor to the environment of the province and the chances of investment in terms of economic and profitability as well as the location and importance of economic contributed to the rise of investment in the province. "
He Gaspe to "investment projects in the province highlighted two distinct referred to are stigmatized first cement plant Almbrokh which opened in mid-March the last of the year 2014 which is taking provides the southern region textured cement and other project Bozrah Times Square commercial hoped the opening of the first phase of it the end of the year, "noting that he" is the largest shopping mall in Iraq, where retrieve 100 foreign companies and global brands. "
and between Gaspe "The Commission has powers to grant investment opportunities in all sectors except insurance companies, banks and oil and gas extraction," pointing out that "investment in refineries within its powers, but requires high coordination at the level of the oil ministry and the companies invested oil fields to provide raw materials, namely crude oil."
He noted the Gaspe that "the body in the process of granting investment opportunities for the development of Basra airport and the expansion of its service facilities and entertainment Ktfiel for the transport sector in the country," calling the head of the local government in Basra "to exploit security conditions taking place in the provinces of North and West to promote investment in the province being the focus of attention of companies foreign wishing to invest in Iraq. "
and awarded the Investment Authority in Basra, in (the ninth of last June) 19 investment license at a cost of up to one billion and 100 million dollars, while showed that this holiday is "an achievement" despite the difficult circumstances experienced by the body is not Adoption of the general budget of the country, confirmed the grant foreign investors a greater proportion of investment projects in the province.
confirmed the American Consulate in Basra, in the (mid-year) that the stability of the security situation in Basra provides a good opportunity for investors and businessmen implementation of their projects which, while renewed the administration of the province eagerness to contract with a reputable international companies in order to ensure the implementation of projects at the required level.
[You must be registered and logged in to see this link.]
BAGHDAD / Ibrahim Ibrahim
Experts called economy of local government in Basra to direct foreign investment worthwhile infrastructure in the province rather than the creation of projects is "not economically feasible", while confirming the Basra Investment Commission to site preservation and its strategic importance Tahlan the province to take a distinct role at the regional level in the region.
The economist said Mustafa Mohamed Habib in an interview for the "long", that "Basra province is the spirit of Iraq's economic because of its location Jfrafa overlooking the bay and what they contain territory of mineral wealth multiple and most importantly oil."
and added that "despite the delay in the wheel of investment in Basra But it represents a glimmer of hope for the development of the economic and financial order to enter dozens of foreign companies and set up service projects and great entertainment contribute to the near-term increase incomes fiscal conservative. "
said Habib, "The past years have proved the weakness of local companies and their lack of experience necessary in the construction and reconstruction of the province in addition to the reluctance Direct all projects entrusted to them, causing significant financial losses to offset the Basra local. "
and said the "evolution of the investment side in the province of Basra during the past few years is not consistent with the importance of the strategic town, which match the city of Dubai Gulf and that the presence of the money crisis and expertise sufficient to make them kiss the world economic . "
and stressed that "the Government of Basra, the local has a duty to provide basic services to the citizen visual and the most important drinking water instead of the establishment of the cities major entertainment consume millions of dollars."
and pointed out that "could foreign investment and through plans by provincial officials for the Advancement of service sectors of the province without waiting Government Center and plans failed and confusing. "
confirmed Basra Investment Commission, said that foreign investment in the province amounted to 68% of the sum of the total investment, a "positive indication" on its investment environment, attributed the reason to the "importance of the site Basra to bring in foreign investors and conditions of safe and stable, which has by comparison to the rest of the provinces, "As indicated they were given in the first half of this year," leaves of investment "in the amount of one billion and 100 million dollars, pointed to" two distinct referred to them stigmatized "and directed to grant investment opportunities for the development of Basra airport.
said chairman of BIC on the Gaspe In an interview for the "long-Presse," that "the foreign investment reached a higher proportion of domestic investment where averaged 68% for foreign and 28% for local and 4% joint venture between foreign and domestic in Basra," he said, adding that "this positive indicator on the investment environment in the province." .
explained Gaspe that "the first half of the current year 2014 saw the granting of investment opportunities for an estimated one billion and 100 million dollars," returned "This amount is the highest percentage in the path of investment projects in the province despite the difficult security conditions experienced by the country during the current stage" .
confirmed Gaspe "the importance of site Basra to bring in foreign investors as an economic city safe compared to the rest of the provinces," he said, adding that "the promotion of investment opportunities is the other contributed in bringing foreign investment companies."
and pointed head of Basra Investment Commission to "the presence of foreign banks and their presence before the advent of the investor and read the foreign investor to the environment of the province and the chances of investment in terms of economic and profitability as well as the location and importance of economic contributed to the rise of investment in the province. "
He Gaspe to "investment projects in the province highlighted two distinct referred to are stigmatized first cement plant Almbrokh which opened in mid-March the last of the year 2014 which is taking provides the southern region textured cement and other project Bozrah Times Square commercial hoped the opening of the first phase of it the end of the year, "noting that he" is the largest shopping mall in Iraq, where retrieve 100 foreign companies and global brands. "
and between Gaspe "The Commission has powers to grant investment opportunities in all sectors except insurance companies, banks and oil and gas extraction," pointing out that "investment in refineries within its powers, but requires high coordination at the level of the oil ministry and the companies invested oil fields to provide raw materials, namely crude oil."
He noted the Gaspe that "the body in the process of granting investment opportunities for the development of Basra airport and the expansion of its service facilities and entertainment Ktfiel for the transport sector in the country," calling the head of the local government in Basra "to exploit security conditions taking place in the provinces of North and West to promote investment in the province being the focus of attention of companies foreign wishing to invest in Iraq. "
and awarded the Investment Authority in Basra, in (the ninth of last June) 19 investment license at a cost of up to one billion and 100 million dollars, while showed that this holiday is "an achievement" despite the difficult circumstances experienced by the body is not Adoption of the general budget of the country, confirmed the grant foreign investors a greater proportion of investment projects in the province.
confirmed the American Consulate in Basra, in the (mid-year) that the stability of the security situation in Basra provides a good opportunity for investors and businessmen implementation of their projects which, while renewed the administration of the province eagerness to contract with a reputable international companies in order to ensure the implementation of projects at the required level.
[You must be registered and logged in to see this link.]
Today at 7:08 am by Rocky
» utube 11/9/2 MM&C News Reporting-Sudani Art IV IMF-Port Faw Open-CBI Governor-No Room for Tw
Today at 7:08 am by Rocky
» Finance Committee discusses revenue enhancement and investment budget allocations with governors
Today at 7:06 am by Rocky
» His advisor: Al-Sudani's visit to Kurdistan focuses on these files
Today at 7:03 am by Rocky
» Al-Tamimi explains the importance of the real estate return law
Today at 7:02 am by Rocky
» MP: The administrative capital is a project under study and 2025 is the decision date
Today at 7:01 am by Rocky
» Parliamentary Planning: Al-Sudani's government has not achieved what it pledged in its program
Today at 6:59 am by Rocky
» MP: Baghdad has started funding the governorates to complete their projects
Today at 6:57 am by Rocky
» Al-Haboubi: The Riyadh Summit ignored the most important item that would force the entity to stop th
Today at 6:56 am by Rocky
» Foreign remittance sales increase by 99% at Central Bank auction
Today at 6:54 am by Rocky
» Trade Bank of Iraq clarifies interest rates on its loans in 5 areas
Today at 6:53 am by Rocky
» Iraq prepares to launch a group of investments worth a quarter of a trillion dollars
Today at 6:51 am by Rocky
» Bitcoin Approaches $90,000 for the First Time Ever
Today at 6:50 am by Rocky
» Minister of Electricity directs investigation into high electricity bills
Today at 6:49 am by Rocky
» Iraqi Ministry Approves Contract Fixing
Today at 6:48 am by Rocky
» Iraq prepares investment portfolio to attract $250 billion in two years
Today at 6:44 am by Rocky
» What is the cost of the population census in Iraq?
Today at 6:43 am by Rocky
» Parliamentary Finance Committee discusses investment budget allocations with a number of governors
Today at 5:13 am by Rocky
» President of the Republic: Iraq is fulfilling its obligations under the climate agreement
Today at 5:11 am by Rocky
» The position of truth
Today at 5:10 am by Rocky
» The government places achieving development among the priorities of the 2025 budget
Today at 5:07 am by Rocky
» Next Thursday .. Planning begins the first step of the census
Today at 5:05 am by Rocky
» The utility of the population census
Today at 5:04 am by Rocky
» Iraq needs to address funding issues
Today at 5:03 am by Rocky
» The risk of oil supply disruption has receded.
Today at 5:02 am by Rocky
» Parliamentary Finance Committee discusses with a number of governors the allocations of the investme
Today at 5:00 am by Rocky
» Integrity: Two new rulings issued against the director of a government bank in Diyala
Today at 4:57 am by Rocky
» Federal Ministry of Finance returns payrolls of regional employees due to technical problems
Today at 4:56 am by Rocky
» Iraqi analysis of the results of the "Riyadh Summit": Ink on paper and will not change anything in r
Today at 4:54 am by Rocky
» Finance Ministry approves the establishment of all contracts in justice institutions
Today at 4:52 am by Rocky
» In various fields.. Preparations to launch a group of "unprecedented" investments in Iraq
Today at 4:46 am by Rocky
» Al-Sudani's advisor announces US Treasury support mechanisms for Iraq
Today at 4:40 am by Rocky
» Indomie and dollar smuggling: Has fast food become a cover for currency smuggling from Iraq?
Today at 4:38 am by Rocky
» Including personal status.. Former MP: Parliament will resume work next Saturday to pass laws
Today at 4:37 am by Rocky
» Politician: America has put Iraq at its mercy and controls all its imports
Today at 4:36 am by Rocky
» “Political” Interventions in Nineveh Education... Transferring Staff and Appointing “Contractors” as
Today at 4:34 am by Rocky
» Al-Sudani at the Riyadh Summit... and American messages may be passed to Tehran via Baghdad
Today at 4:33 am by Rocky
» Is the Grand Faw Port Iraq's gateway to global trade?
Today at 4:32 am by Rocky
» After extending its legislative term... Why has Parliament not held any session yet?
Today at 4:31 am by Rocky
» Karrada bids farewell to its trees: Road expansion sparks controversy over the future of the environ
Today at 4:30 am by Rocky
» Victory Coalition talks about the outbreak of a “war of leaks” and reveals an external breach
Today at 4:29 am by Rocky
» Al-Mashhadani confirms to the US Ambassador the importance of resolving the security agreement file
Today at 4:27 am by Rocky
» Al-Sudani: Iraq strongly renews its initiative to establish an Arab and Islamic fund
Today at 4:25 am by Rocky
» Al-Khazaali: The importance of activating cooperation mechanisms between Iraq and Azerbaijan in the
Today at 4:24 am by Rocky
» Al-Araji and Salami discuss details of joint security agreement and border control between the two c
Today at 4:23 am by Rocky
» Al-Sudani and Bin Salman stress the need to coordinate positions to stop the war and provide relief
Today at 4:22 am by Rocky
» Parliamentary Finance: The government has started preparing the 2025 budget
Today at 4:20 am by Rocky
» Al-Sudani to Bin Salman: We appreciate the efforts made by the Kingdom to hold the summit called for
Today at 4:17 am by Rocky
» What did Iraq achieve in its meetings with the US Treasury, and did it succeed in controlling the sa
Today at 4:10 am by Rocky
» Morning list of dollar exchange rates in Iraq
Today at 4:09 am by Rocky
» Ziggurat of Aqar Quf.. A new step to choose Baghdad as the Arab Tourism Capital for the year 2025
Today at 4:06 am by Rocky
» Notice regarding applying for the free scholarship channel for the medical group colleges
Today at 4:05 am by Rocky
» After questions published on Alsumaria.. Planning sends a message to Iraqis: Don't worry
Today at 4:04 am by Rocky
» Al-Mashhadani to the US Ambassador: The importance of resolving the security agreement file by the e
Yesterday at 6:52 am by Rocky
» Mr. Al-Hakim: We support the automation of government sectors to stimulate the economy and move prod
Yesterday at 6:51 am by Rocky
» Embezzlement of 570 million dinars from a bank in Babylon
Yesterday at 6:49 am by Rocky
» The housing dream is fading away: Are housing complexes only for the wealthy?
Yesterday at 6:48 am by Rocky
» Economist identifies main reason behind dollar's rise
Yesterday at 6:45 am by Rocky
» Al-Mutalibi: The Riyadh Summit is a preparation for the American project towards Palestine
Yesterday at 6:41 am by Rocky
» With the document.. The State Council completes the review of the law on the care of minors in Iraq
Yesterday at 6:39 am by Rocky
» Private banks' capital in Iraq increased by 7.3%
Yesterday at 6:38 am by Rocky
» Integrity Commission begins investigation into audio recording attributed to Al-Sudani's chief advis
Yesterday at 6:36 am by Rocky
» Among them is Iraq.. the country that bought the most gold in 10 years
Yesterday at 6:34 am by Rocky
» Ministerial team conducts field visits to local factories in Baghdad
Yesterday at 5:17 am by Rocky
» The truth about canceling a paragraph in the population census form in Iraq
Yesterday at 5:16 am by Rocky
» Iraq returns 7 Iranian trucks loaded with tomatoes
Yesterday at 5:15 am by Rocky
» New image of Iraq
Yesterday at 5:13 am by Rocky
» Automation to monitor the operation of government and private generators
Yesterday at 5:12 am by Rocky
» Lifting the ban on Iraqi ships next year
Yesterday at 5:11 am by Rocky
» Guaranteeing the rights of workers in the private education sector
Yesterday at 5:09 am by Rocky
» UN to Al-Sabah: The Iraqi government has made progress in the environmental file
Yesterday at 5:08 am by Rocky
» {Automation}.. A new procedure to monitor the operation of generators
Yesterday at 5:07 am by Rocky
» Tourism: Closure of more than 85 percent of violating companies
Yesterday at 5:06 am by Rocky
» Transport leads campaign to rehabilitate railway lines and locomotives
Yesterday at 5:05 am by Rocky
» Economic partnerships and investments in the real estate market in Sulaymaniyah
Yesterday at 5:04 am by Rocky
» Iraqi private sector accreditation
Yesterday at 5:03 am by Rocky
» Experts: Faw Port is Iraq's gateway to a global economic future
Yesterday at 5:02 am by Rocky
» Ihsan Al-Shammari: Trump's policy towards Iraq will differ from the Biden administration's... and th
Yesterday at 5:00 am by Rocky
» The Minister of Trade discusses with the Mayor of Baghdad the development of joint cooperation and t
Yesterday at 4:58 am by Rocky
» Bitcoin Price Surpasses $80,000 for the First Time
Yesterday at 4:57 am by Rocky
» Al-Sudani heads to Saudi Arabia to participate in the Arab and Islamic Summit
Yesterday at 4:55 am by Rocky
» Oil Minister discusses with Jordanian Ambassador in Baghdad joint cooperation between the two countr
Yesterday at 4:54 am by Rocky
» Revealing the content of Al-Araji’s visit to Tehran: Baghdad’s message for a new roadmap in the regi
Yesterday at 4:52 am by Rocky
» Al-Hindawi to Baghdad Today: All problems regarding the population census in the disputed areas have
Yesterday at 4:51 am by Rocky
» Agriculture says it has passed the stage of rising prices of vegetables and meat in Iraq
Yesterday at 4:50 am by Rocky
» {Automation}.. A new procedure to monitor the operation of generators
Yesterday at 4:48 am by Rocky
» Statement from the government on Iraq's participation in the Riyadh Summit
Yesterday at 4:47 am by Rocky
» Iraq calls on Türkiye to rebuild Mosul
Yesterday at 4:46 am by Rocky
» The leaks crisis “gets more complicated” and the government complains of “targeting”.. Al-Sudani’s c
Yesterday at 4:45 am by Rocky
» Ministry of Oil: Oil Products Distribution Company continues to develop government fuel filling stat
Yesterday at 4:43 am by Rocky
» Parliamentarian reveals the component that rejects passing the “Real Estate Return” law in its curre
Yesterday at 4:42 am by Rocky
» Parliamentarian: Basra-Aqaba pipeline paves the way for normalization
Yesterday at 4:40 am by Rocky
» Nechirvan Barzani's attendance at Baku summit strengthens Kurdistan's position as a destination for
Yesterday at 4:39 am by Rocky
» In Tehran, Iraqi National Security Adviser Discusses “Widespread Conflict” with Iranian Foreign Mini
Yesterday at 4:38 am by Rocky
» “Indomie” in Iraq: A popular dish or a dollar smuggling?
Yesterday at 4:36 am by Rocky
» Parliamentary move to question the governor of the Central Bank of Iraq
Yesterday at 4:35 am by Rocky
» The Democratic Party reveals the reasons for delaying the formation of the regional government
Yesterday at 4:34 am by Rocky
» Framework “worried” about Trump’s backtracking on withdrawing US troops from Iraq
Yesterday at 4:33 am by Rocky
» The President of the Republic heads to Azerbaijan tomorrow to participate in the Climate Conference
Yesterday at 4:31 am by Rocky