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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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    Al-Sudani: Many obstacles stand in the way of investment development

    rocky
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    • Post n°1

    Al-Sudani: Many obstacles stand in the way of investment development Empty Al-Sudani: Many obstacles stand in the way of investment development

    Post by rocky Mon 13 Feb 2023, 9:26 am

    [size=30]Al-Sudani: Many obstacles stand in the way of investment development
    [ltr]2023.02.13 - 16:43[/ltr]
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    Baghdad - Nas   
    On Monday, Prime Minister Mohamed Shia Al-Sudani visited the National Investment Authority, and met with its officials in the presence of the chairman of the commission and the head of the board of advisors in the office of the prime minister, while he indicated that there are many obstacles standing in the way of investment development.  
      
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    A statement from Al-Sudani's office, a copy of which "NAS" received, stated (February 13, 2023), "The Prime Minister was briefed on a summary of the Commission's activities, the progress of work in investment projects, and the most important field challenges and obstacles facing the work of investors and slowing down the development of the investment sector in Iraq."  
      
    Al-Sudani pointed out that "many obstacles stand in the way of developing investment, foremost of which is the problem of lands, laws and instructions, and the lack of a clear vision for investment, which is built in the light of the ministerial curriculum, and is integrated with the government program according to the state's priorities and existing resources, and according to sound scientific foundations in the oil sectors." Gas, minerals, agriculture, etc.  
      
    Al-Sudani directed the authority to "follow up the state's import activity, and to aim to compensate the needs for imported items, such as the continuous need to import agricultural fertilizers, which confirms the actual need for projects to be invested nationally in this sector."  
      
    And the Prime Minister indicated, according to the statement, “the importance of investment addressing crises, such as the housing crisis, as this sector needs more investment projects, if investment contributes to resolving this crisis, while the reality indicates that we have lost distinct lands without being There is a radical solution to the crisis, stressing the need to distinguish between the real active investor and the non-real one.  
      
    Al-Sudani directed to "conduct a re-evaluation process for all departments in order to achieve more flexibility and effectiveness, with the aim of providing new solutions and ideas, and directed to support investors and reduce bureaucratic procedures, to advance the investment process and develop it in line with the plan in the government's strategies."  
      
    Al-Sudani stressed, "The authority must be the sectoral body responsible for supporting investors and take its role in this field, and take the initiative to provide solutions in all details, starting from digital transformation and ending with benefiting from specialized consulting companies to provide advice and the best choice in investment." .  
      
    The statement concluded, "The Prime Minister also stressed the need for a clear vision for investment and the investment plan, which is reflected in meeting the requirements of the country, the citizen, and the government program, in light of the available resources and priorities, in addition to the need for aspiration, vision, and a systematic plan to support investment, which is an essential element in our government program." .  
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