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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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    Basra, the focus of attention of the foreign investor .. and expectations that attracts complex "Tim

    Rocky
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    Basra, the focus of attention of the foreign investor .. and expectations that attracts complex "Tim Empty Basra, the focus of attention of the foreign investor .. and expectations that attracts complex "Tim

    Post by Rocky Sat 23 Aug 2014, 7:08 am

    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.


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