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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

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    Agriculture confirm the presence of 240 investment opportunities and calls for the formation of a na

    Rocky
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    Agriculture confirm the presence of 240 investment opportunities and calls for the formation of a na Empty Agriculture confirm the presence of 240 investment opportunities and calls for the formation of a na

    Post by Rocky Wed 03 Feb 2016, 7:05 am

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    Agriculture in Iraq
    Agriculture confirm the presence of 240 investment opportunities and calls for the formation of a national body for agricultural investment


    Author: HH, MJ 
    Editor: BK, HH 3/2/2016 10:45 Number of Views: 456 




    Long-Presse / Baghdad
    The Iraqi Ministry of Agriculture, on Wednesday, on the transfer of only 12 investment opportunity out of 240 put forward to take advantage of more than 10 million acres in various parts of Iraq, and among the reasons for "low turnout" attributed to legal and tribal obstacles and provincial officials, called for the establishment of "body private agricultural investment and the fact that a national investment law, "it is almost a dedicated" to the residential sector.
    The Director-General of the Department of Investment, Ministry of Agriculture Abdul al-Jubouri said in an interview to the (long-Presse), "The ministry raised earlier about nine million and 900 thousand acres for investment, before it raises to more than ten million acres during the current year 2016," noting that those "spaces divided into 240 investment opportunity in the whole of Iraq, including 120 where water quotas are available either from rivers or arable watering wells."
    He said al-Jubouri, the "120 another opportunity related lands a desert where water quotas are not available, but it is arable and require drilling in," noting that "the desert land cultivation costs are high so they can serve as a pasture where the ministry received an initial several offers by companies foreign invested pasture. "
    The Director General, said: "The ministry forwarded 12 investment opportunity just yet in the provinces of Salahuddin and Babil," attributing the reasons for the lack of demand for these opportunities, to the "obstacles represented by the laws of investment and the presence of the provinces repellent as well as tribal problems, which rejects some of the tribes to give up all territories under the pretext of being belonging to her ancestors, although it belongs to the state. "
    He said al-Jubouri, the "land open for investment map found at the National Investment Commission and its branches in the provinces, as they are on the way to grant land to investors," pointing out that there is "a private local investors mechanism through the provision of loans for self-financing by the Agricultural Bank and other facilities." .
    Jubouri said that "farmers and businessmen Iraqis are still apprehensive about the investment, in light of the lack of seriousness of successive governments after 2003, with the support of outputs or local agricultural products as a result of the entry of foreign counterparts without censorship and illegally, and at very low prices can not compete," calling "domestic product support by raising taxes and customs duties on the value of imported goods."
    He stressed Jubouri, that "there is an urgent need for the establishment of agricultural investment and private national body, especially the Investment Law No. 13 of 2006, as amended, it is almost dedicated to investments in the residential sector."
    It is noteworthy that the report internationally censorship revealed in (the twentieth of January 2016), about "suspicions of corruption and neglect of" billions of dinars into contracts and the ministries of agriculture and water resources, as a result of the uncertainty of the "sedate or specialty" executed or "lack of seriousness" in the follow-up and take companies the right legal procedures, they returned to it now constitutes a "waste" of public money and the "loss" to the economic development opportunities that could have been contributed by established in the case of completed projects as planned and Baltoukitat occasion.

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