Basra investment conference .. opportunity to attract funds to maintain and rehabilitate
08/04/2015
BAGHDAD / Amer Mohi
[ltr]The Commission stressed the economy parliamentary, on Tuesday, on the establishment of Basra investment conference to be a meeting place financially can help maintain the advancement of their betterment and humanitarian and service, and with the Commission objected that the conference will be the oil without the rest of the industrial and agricultural areas in particular, experts in the field of finance and business confirmed the availability of the possibility of generalization In the experiment, if successful, to the rest of the governorates of Iraq.
The Commission said the economy and investment parliamentary Najeebeh by Najib in an interview for the "long", that "the Commission has stepped up its meetings with other committees for the purpose of establishing an investment conference in the province of Basra is done through an invitation companies wishing to work in the governorate," adding that "Basra has a lot of investment projects for the oil sector, but that the Investment Committee does not want to hold a conference in the field of oil only, but also in other areas such as industry, agriculture, particularly Basra and have a lot of resources in these areas. "
She said Najib saying that the committee "met with the Minister of Water Resources and committees education and services and the environment have been talking about how to help the provinces to invest in success," indicating that "a lot of international companies have expressed willingness to invest in Iraq is waiting for the government's demand for the signing of contracts and implementation of projects desired by Iraq ".
She stressed the Kurdistan Alliance member, said "the economic and investment commission parliamentary currently working on new legislation for investment ensures the provision of all the ways that ensure the success of the investment," she said, adding "we turn toward a plan to support investment, especially with a crisis that has gripped the country as a result of lower oil prices."
For his part, says an expert in economic affairs, Ahmed Fahmy told the "term" that "Basra and other southern provinces, the province suffers from neglect, despite possessing tremendous economic fortunes," noting that "investment opportunities in the province of Basra can succeed in case centered on Iraqi investors inside and outside the country. "
Added Fahmy saying that "the required investment conferences exit indicators quantity and quality of the investment, and focus on achieving Add real gross national product, in the sense that the real investments lead to aspects of tangible development, both in development and human resource development sectors or infrastructure for each province."
Fahmi said that "certainly the province suffered a lot of neglect and vandalism by 12 years of neglect and events related to terrorism," stressing "the need for the regulator to take advantage of the arguments of Iraqi investment professionals with practical experience outside the country."
The committee called for the economy and investment representative, to hold a major international conference to invest in Basra, noting that the province has huge oil wealth in order to be attractive to investors.
The committee member said Abdul Salam al-Maliki during a press conference attended by a number of members of the committee and attended the "long", "The government and the Investment Authority and the local government call in Basra to the establishment of a major international investment conference to attract funds and investments and prepare a comprehensive investment plan for companies to build vital projects, especially the infrastructure Basra need private and public of the country. "
"The choice of Basra to hold this conference which was due to its geographical position as a maritime port of Iraq with Asia, Africa and Europe," adding that "Basra has enormous oil wealth in order to be attractive to investors and in order to invest these features her and fairness as the main supplier of the budget."
He pointed out that "Basra deserves a lot to achieve the aspirations of the population deprived of access to their rights," adding, "I call on the State Department to hold a mini-conference and invite ambassadors working in Iraq states for the definition of Basra from all areas of cooperation with the countries of the world and its most prestigious."
Announced the investment in Basra, in the (November 2, 2014), an increase during the current year in the volume of foreign
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