Albhash: the government program is consistent with the ambition
3/11/2014 0:00
Najaf Najaf Investment Authority launches in the light of the development plan
Baghdad, Hussein al-Tamimi Tgb
Chairman of the Investment Commission of Najaf, said that his government program 4014 - 2018 focused on strengthening the role of the private sector and activating the work approved national Balstrutejiat relevant and encourage strategic partnerships with local and foreign investors and qualified facilitate the granting of licenses and the creation of the principle of competition measures.
The head of the body in Albhash that investment Najaf body began to work on creating the right environment to attract investment and interaction with existing completion of investment projects within specified in the assignment periods and in accordance with international quality standards under a plan drawn up in the light Aovernma.oukal program in an interview for the "morning" that the province wide movement of investment experience in various sectors, and our ambition is consistent and came in the government program, pointing out that the pursuit of the province towards overcoming the obstacles that may accompany the implementation of various projects.
Attractive environment
Albhash demanded the relevant departments for more cooperation with the Commission to work on creating a global investment firms that assist in the implementation of quality projects to suit the need to maintain an attractive investment environment.
Albhash pointed out that the Commission has prepared in collaboration with all departments to determine the actual need of the province of the project investment plan, stressing the need for a new body to a specialist cadre commensurate with the volume of work carried out by the body.
He pointed out that the province is witnessing the implementation of nearly 100 investment project and there are a number of giant in the province of projects under the supervision of the body most important commercial fifty complex, which includes the 5-star hotel by a 7-storey commercial and Mola large recreational areas at a cost of more than $ 100 million, and the village residential Ghadeer at a cost of $ 248 million, as well as the residential complex, which includes a bank home in 1300 at a total cost of up to $ 115 million.
Ongoing projects
As for those interested in the honored investment Jawad Bo fifty pointed out that the work in the province of Najaf needs to be more of an effort to provide suitable investment environment the most important environmental aid loss and facilitate the task of granting approvals shortening documentary courses and provide banking environment despite these difficulties find there are investment projects continuously work Bmphasalha and most important project complex and hotel management and international business at a cost of up to $ 100 million and the completion of a period of up to 3 years and is one of the largest construction projects in the provinces.
In the eyes of the consultant Tawfiq inhibitor that investment experience in all the world is facing the problem of financing, where 2008 saw a global financial crisis led to a clear decline in investment and real estate, tourism and construction sectors and services necessary due to the large decrease in the movement of capital, liquidity and nevertheless find there are companies that have taken Iraq's decision to enter and work in Najaf, the holy places and to ensure the completion of their work and the search for added investment projects.
Lack of cooperation
He said there is the fact cursor to the case of investment related to the environment to any observer or investor action in Iraq, a relationship between the time limit for the completion of the investment projects both inside and outside Iraq, a delay multiplier in the achievement process and completion of the project ipsilateral The project which is being implemented in neighboring countries needs for years in Iraq even gives off, otherwise , any delay will be the delay in completing the period of account and the production process and to achieve revenue from the project, and this is a factor of the absence of the investment environment and the absence of cooperation, coordination and integration among sectoral agencies factors.
Development banks
He inhibitor: The failure of Iraqi banks gives clear indications about the weakness of banking products, ranging from 5 to 10 products, according to statistics from the Iraqi Association of private banks, while in international banks up to 250 products, pointing to the importance of the development of banking products, especially since the branches of international and regional banks entered to work in Iraq and could benefit from the experience.
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3/11/2014 0:00
Najaf Najaf Investment Authority launches in the light of the development plan
Baghdad, Hussein al-Tamimi Tgb
Chairman of the Investment Commission of Najaf, said that his government program 4014 - 2018 focused on strengthening the role of the private sector and activating the work approved national Balstrutejiat relevant and encourage strategic partnerships with local and foreign investors and qualified facilitate the granting of licenses and the creation of the principle of competition measures.
The head of the body in Albhash that investment Najaf body began to work on creating the right environment to attract investment and interaction with existing completion of investment projects within specified in the assignment periods and in accordance with international quality standards under a plan drawn up in the light Aovernma.oukal program in an interview for the "morning" that the province wide movement of investment experience in various sectors, and our ambition is consistent and came in the government program, pointing out that the pursuit of the province towards overcoming the obstacles that may accompany the implementation of various projects.
Attractive environment
Albhash demanded the relevant departments for more cooperation with the Commission to work on creating a global investment firms that assist in the implementation of quality projects to suit the need to maintain an attractive investment environment.
Albhash pointed out that the Commission has prepared in collaboration with all departments to determine the actual need of the province of the project investment plan, stressing the need for a new body to a specialist cadre commensurate with the volume of work carried out by the body.
He pointed out that the province is witnessing the implementation of nearly 100 investment project and there are a number of giant in the province of projects under the supervision of the body most important commercial fifty complex, which includes the 5-star hotel by a 7-storey commercial and Mola large recreational areas at a cost of more than $ 100 million, and the village residential Ghadeer at a cost of $ 248 million, as well as the residential complex, which includes a bank home in 1300 at a total cost of up to $ 115 million.
Ongoing projects
As for those interested in the honored investment Jawad Bo fifty pointed out that the work in the province of Najaf needs to be more of an effort to provide suitable investment environment the most important environmental aid loss and facilitate the task of granting approvals shortening documentary courses and provide banking environment despite these difficulties find there are investment projects continuously work Bmphasalha and most important project complex and hotel management and international business at a cost of up to $ 100 million and the completion of a period of up to 3 years and is one of the largest construction projects in the provinces.
In the eyes of the consultant Tawfiq inhibitor that investment experience in all the world is facing the problem of financing, where 2008 saw a global financial crisis led to a clear decline in investment and real estate, tourism and construction sectors and services necessary due to the large decrease in the movement of capital, liquidity and nevertheless find there are companies that have taken Iraq's decision to enter and work in Najaf, the holy places and to ensure the completion of their work and the search for added investment projects.
Lack of cooperation
He said there is the fact cursor to the case of investment related to the environment to any observer or investor action in Iraq, a relationship between the time limit for the completion of the investment projects both inside and outside Iraq, a delay multiplier in the achievement process and completion of the project ipsilateral The project which is being implemented in neighboring countries needs for years in Iraq even gives off, otherwise , any delay will be the delay in completing the period of account and the production process and to achieve revenue from the project, and this is a factor of the absence of the investment environment and the absence of cooperation, coordination and integration among sectoral agencies factors.
Development banks
He inhibitor: The failure of Iraqi banks gives clear indications about the weakness of banking products, ranging from 5 to 10 products, according to statistics from the Iraqi Association of private banks, while in international banks up to 250 products, pointing to the importance of the development of banking products, especially since the branches of international and regional banks entered to work in Iraq and could benefit from the experience.
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