Sudanese directs the National Investment Authority to take its role
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Baghdad today - Baghdad
Today, Monday, the Prime Minister, Muhammad Shia'a Al-Sudani, directed the follow-up of the country's import activity during his visit to the National Investment Authority.
The media office of Al-Sudani said in a statement received by (Baghdad Today) that the latter "made a visit to the National Investment Commission, and met with its officials in the presence of the chairman of the commission and the head of the advisory board in the office of the Prime Minister, and was briefed on a summary of the activities of the commission, 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 indicated, according to the statement, 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 sectors of oil, gas, minerals, agriculture and others.
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 stated, "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 there being a radical solution to the crisis." He stressed the need to distinguish between the real active investor and the non-real investor.
Al-Sudani also 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."
He stressed the need for the Authority to be the sectoral body responsible for supporting investors and to take its role in this field, and to take the initiative to provide solutions in all details, starting with digital transformation and ending with benefiting from specialized consulting companies to provide advice and the best choice in investment.
The Prime Minister stressed "the necessity of having 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 determination, vision, and a systematic plan to support investment, which is a basic element in our government program."
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