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Parliamentary Investment: The Industrial Investment Law has reached a vote... and this is its complexity
- Time: 12/06/2023 00:27:31
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{Local: Al-Furat News} The Parliamentary Investment and Development Committee announced that the Industrial Investment Law has completed its first and second readings, and is ready to vote in the House of Representatives during the current session, with some amendments.
Committee member, Dhia al-Hindi, said in a press statement, “The industrial investment law is ready for voting and the first and second readings have been completed,” explaining that “the dispute between the Investment Committee and the Industry Committee regarding the paragraph of land ownership for industrial occupants is still an obstacle, as the Investment Committee is preparing These lands are state assets, and if they are given away, the property of the people will be given away.”
He stated, "Here we are talking about one hundred thousand industrial licenses in all regions of Iraq," expecting that "the real licenses almost do not exceed five thousand, and the rest have nothing on the ground," stressing that "the Investment Committee categorically rejects this matter and we will not accept it." Vote on this paragraph.
Al-Hindi stressed that “the law will be passed, but with a compromise solution, which is the ownership of lands outside the municipal borders for industrial occupants only.
[You must be registered and logged in to see this link.]
{Local: Al-Furat News} The Parliamentary Investment and Development Committee announced that the Industrial Investment Law has completed its first and second readings, and is ready to vote in the House of Representatives during the current session, with some amendments.
Committee member, Dhia al-Hindi, said in a press statement, “The industrial investment law is ready for voting and the first and second readings have been completed,” explaining that “the dispute between the Investment Committee and the Industry Committee regarding the paragraph of land ownership for industrial occupants is still an obstacle, as the Investment Committee is preparing These lands are state assets, and if they are given away, the property of the people will be given away.”
He stated, "Here we are talking about one hundred thousand industrial licenses in all regions of Iraq," expecting that "the real licenses almost do not exceed five thousand, and the rest have nothing on the ground," stressing that "the Investment Committee categorically rejects this matter and we will not accept it." Vote on this paragraph.
Al-Hindi stressed that “the law will be passed, but with a compromise solution, which is the ownership of lands outside the municipal borders for industrial occupants only.
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