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[size=52]Parliamentary Committee: The Industrial Investment Law provides a safe and attractive environment for foreign and local traders[/size]
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Information / Baghdad..
The Parliamentary Investment and Development Committee revealed, on Tuesday, the most important features of the Fourth Amendment Law to the Industrial Investment Law for the private and mixed sectors, while clarifying that “the law provides a safe and attractive environment for domestic and foreign investment.” Deputy Chairman of the Committee Hussein Al-Sabri said in an interview with Agency /
Information /, that "the Industrial Investment Law is one of the important laws that encourages foreign and local investors and simplifies procedures and exemptions to encourage the establishment of projects." He
added that "his committee has put in place many amendments and appropriate legislation in the law in order to attract the investor and own the land on which the project will be built, as well as facilitate the process of entry visas and granting loans in return for guaranteeing the origin on which the project will be built.”
Al-Sabri explained, "The law will contribute significantly and effectively to attracting industrial investments, because of the great facilities it has in granting investment licenses and opening new horizons for the Iraqi industry, as well as other privileges for the owners of factories and factories." Those who are continuing to work and stopped in order to restore work in these factories, which is of great benefit to the country. .
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The House of Representatives had decided, earlier, to postpone voting on the fourth amendment bill to the Industrial Investment Law for the private and mixed sectors No. (20) of 1998. End / 25h
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