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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 talks about "many obstacles" facing investment in Iraq

    Rocky
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    • Post n°1

    Al-Sudani talks about "many obstacles" facing investment in Iraq Empty Al-Sudani talks about "many obstacles" facing investment in Iraq

    Post by Rocky Mon 13 Feb 2023, 2:09 pm

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    [ltr]INCLUDING THE PROBLEM OF LANDS AND LAWS (FACEBOOK)[/ltr]

    Ultra Iraq - Editorial Team
    Prime Minister Muhammad Shia al-Sudani spoke of "many obstacles" that stand in the way of developing investment, stressing that the problem of land, laws and instructions is at the forefront. 
    The media office of the Prime Minister said, in a statement received by "Ultra Iraq", a copy of it, that "Al-Sudani visited the National Investment Commission, 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," pointing out that "Al-Sudani was briefed On an overview 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 land problem, 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 scientific foundations." Correct in the sectors of oil, gas, minerals, agriculture and others.
    He instructed 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."
    He pointed out, "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." Stressing the need to distinguish between the real, active investor and the non-real one, he directed that a re-evaluation process be conducted for all departments in order to achieve more flexibility and effectiveness, with the aim of providing new solutions and ideas. It is consistent with the blueprint 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 from digital transformation and ending with benefiting from specialized consulting companies to provide advice and the best choice in investment," stressing "the necessity The existence of 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 energy, vision and a systematic plan to support investment, which is an essential element in our government program.
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