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Neno's Place Established in 2006 as a Community of Reality


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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

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    FDI contributes to development

    day dreamer
    day dreamer
    day dreamer
    Interacting Investor
    Interacting Investor


    Posts : 3197
    Join date : 2012-12-19
    • Post n°1

    FDI contributes to development Empty FDI contributes to development

    Post by day dreamer Sun 15 Feb 2015, 8:32 pm

    FDI contributes to development

         

    2/16/2015 0:00




    Has become an urgent need for adoption with lower crude oil prices
      BAGHDAD - Farah pumice
      Direct investment is one of the elements of the promotion of development of developing countries, such as Iraq to achieve economic progress, so it requires the need to be adopted during the next term, especially with the challenges faced by the country and lower crude oil prices in world markets.
    In this regard, an economist calls contrary goldsmith government investment and interest in the institutions involved in this way of investing with identifying those who are dealing with it in any direction.
    Financial obligations


    And see the goldsmith in an interview with "morning" that deal must be done with major international companies sober directly without intermediaries, and are paid money to companies in a manner of payment term, as it does not hurt, especially that Iraq is committed to pay its financial obligations and carried on in accordance with the sober contracts (formulated by international law firms specialized in this area) to ensure the rights of the parties.
    He said: "The country does not have sufficient financial resources that allow it to provide a lot of live contemporary requirements of the standard and to keep up with the advanced countries of the world and achieve the aspirations of all the economic and service sectors."
    In any direction?


    Regarding the investment trends, stresses expert that the investment should be in the building and construction sector, and to be on the first two levels of poor layers, and that the government bears the bulk of it, the second intermediate layers to be Iraqi banks are guarantors, especially as it has the property designated support and let loose a citizen of the bank until the end of the period and in turn banks Payments are investing company,
    What reduces the concentration in the city center and bottlenecks caused by slums and increased population density, as it lends itself to the center later to improve the construction of a modern new insights within keeping with the times.
    The Minister of Construction and Housing Tariq Kikhany has revealed in an interview with "morning" Recently, on the adoption of his ministry direct investment mechanism with investors to resolve the housing problem, noting that the current trend focused towards activating the investment side and rely on the private sector and modify some of the investment laws which are hampering the process investment, especially with the lack of allocations granted to the ministry this year, adding that the ministry has recently adopted direct investment between them and the investors mechanism without reference to the national Investment Commission.
    Food Industry


    Sayegh also indicates that Iraq is mainly an agricultural country basis, and there is an urgent need to strengthen the food security of the community, so it has to be the expansion of agriculture in all areas that provide the basics of the citizen.
      Urged to invest in industries that intervention in the agricultural sector and food Kalsnaat of milk and dairy products and meats of all kinds, reducing future oil sector's contribution to GDP, and then diversify and get the economy moving, especially given that the country possesses a base ground in these areas, but it is needs to go right and proper planning.
    Explains expert said each of the governorates have the resources on their own famous, and from which to move the economic activity in those provinces markets, which is reflected in total on the reality of economic activity, can also invest in the field of religious tourism with the possession of the country a lot of holy shrines scattered in several governorates.
    It stresses the need for the jeweler to have a real will to develop solutions and plans for improving the situation of the Iraqi economy out of the crisis faced by the country, especially with the decline in crude oil prices in world markets.




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