Al-Sudani directs the Investment Authority to follow up the country's import activity

[size=46]Al-Sudani directs the Investment Authority to follow up the country's import activity[/size]

Economie

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Today, Monday, the Council of Ministers, Muhammad Shayaa Al-Sudani, directed the National Investment Authority to follow up the country’s import activity and to compensate the needs for imported items.

Al-Sudani's office said, in a statement received by "Tigris", that "Prime Minister Mohamed Shiaa Al-Sudani visited the National Investment Authority today, Monday, and met with its officials in the presence of the head of the authority and the head of the advisory board in the office of the Prime Minister."

He added that Al-Sudani "was briefed on an overview 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 he indicated "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." The need to distinguish between the real active investor and the non-real one.

He also directed "conducting a re-evaluation process for all departments in order to achieve more flexibility and effectiveness, with the aim of providing new solutions and ideas." He also directed "supporting investors and reducing 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 with digital transformation and ending with benefiting from specialized consulting companies to provide advice and the best choice in investment."

He 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 energy, vision, and a systematic plan to support investment, which is a basic element in our government program."[/size]
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