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Baghdad Investment complement 45 projects estimated at $ 3 billion
Baghdad / Ibrahim Ibrahim
2/3/16
Baghdad Investment complement 45 projects estimated at $ 3 billion
Baghdad / Ibrahim Ibrahim
2/3/16
Ekhevc Investment Authority, Baghdad, on Tuesday, about the presence of more than 300 investment projects in the capital. While the completion of 45 of them at a cost of two billion and 800 million dollars confirmed, complained stopped 150 of them because of "red tape." He said chairman Shaker Zamili, in an interview to the (long-Presse), "The capital includes 341 investment projects spread over different sectors," adding that "45 projects, of which accomplished quite a cost of up to two billion and 800 million dollars."
Zamili added that "150 investment projects are currently stalled due to the routine and bureaucratic procedures in the concerned authorities," noting that there are "16 ongoing projects in the housing sector, and other industrial sectors and health, recreational and tourism. "
head of the Investment Commission of Baghdad, said that" the body is working with the Baghdad Municipality and Ministry of Finance to complete received some land and remove the excesses of actions that, for the establishment of an investment by the projects, "returned to" soft loans intended to be the central bank granted a five trillion dinars, an opportunity to support the private sector to promote the rest of the investment projects and provide significant employment opportunities challenge of unemployment ".ccant Baghdad Investment Authority confirmed in (24 August 2015 the past), they agreed with the Baghdad Municipality and Ministry of Finance to allocate necessary to implement approximately 40 projects land have been approved during the past two years , indicating that the preliminary work began to build the largest shopping mall in the capital, and it will open soon, four hospitals and a number of other commercial centers.
Zamili added that "150 investment projects are currently stalled due to the routine and bureaucratic procedures in the concerned authorities," noting that there are "16 ongoing projects in the housing sector, and other industrial sectors and health, recreational and tourism. "
head of the Investment Commission of Baghdad, said that" the body is working with the Baghdad Municipality and Ministry of Finance to complete received some land and remove the excesses of actions that, for the establishment of an investment by the projects, "returned to" soft loans intended to be the central bank granted a five trillion dinars, an opportunity to support the private sector to promote the rest of the investment projects and provide significant employment opportunities challenge of unemployment ".ccant Baghdad Investment Authority confirmed in (24 August 2015 the past), they agreed with the Baghdad Municipality and Ministry of Finance to allocate necessary to implement approximately 40 projects land have been approved during the past two years , indicating that the preliminary work began to build the largest shopping mall in the capital, and it will open soon, four hospitals and a number of other commercial centers.
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