Confirmation invitations to activate discreet partnership

2/23/2016 0:00

BAGHDAD - Hussein al-Tamimi Tgb

new economic member of the Baghdad forum Amer Jeweler call for the adoption of plans accelerate the partnership between the public and private industry in order to achieve economic viability of Iraq.

Jeweler said, everyone agrees on the importance of partnership for its role in the development of production and generates from the positives of the development process, stressing the need to adopt appropriate measures for the transition from theory to implementation, noting that the conventional style internationally and by all accounts in the case of transmission of a public company to a joint venture or the contribution of the private sector, which means the local or a foreigner or two societies, can be done according to several models and opinion style partnership in each company be decided by the team formed for the purpose of conversion. successful partnership and pointed out that the successful partnership methods require luring strategic partner, according to the partnership formula set by the Working Group on the transformation project, where you can have an agreement with the partner management or ownership or investment and management of the intervals to be agreed or the establishment of a joint company, as can be agreement includes some of the conditions and mechanisms of administration and style vote in the joint management of the company after contracting in the light of the negotiation and agreement between the parties. gradual shift and that a partnership methods is the gradual shift from a public company to a mixed contribution the many models and the possibility of multiple participating parties and the percentage of each party and stock prices, which could be announced at the stock market in the case of allocation of a percentage of the shares for sale as stock dividends and the inclusion of the new company on the stock market. keys to success jeweler said that the formation of the professional team and the decision to approach the target partnership the completion of the task inevitably according to a program that does not diffraction him, but not necessarily it is one of the keys to success, noting that the first step of the working Group is to contract with an international consultant under international standards to lure consultants to submit bids prefer to be given preference by within evaluating Advisory offers a mechanism for the purpose of the contract with the international consultant, who is allied with the consultant local. a comprehensive program and he pointed out that the advisory task is to provide advice and recommendations of the team in charge of the transformation process in all its phases, starting from the development of the action plan and to identify the style of the target partnership and the number of partners and the percentage of each company's contribution and the preparation of a comprehensive program for the transformation process and details of tenders announced for the rehabilitation and luring affluent investors and international companies sober and with experience in the field of jurisdiction and has operations and technical capabilities and productivity and marketing and research and development and international relations in the economic-social activity to be taking into account the development of treatments in the side of investment for the repercussions. campaigns jeweler confirmed that the next step requires the development of the details and conditions of the investment file and it was announced to lure the partner that the purpose of this global advertising companies eligible for the first phase and alliances, and shall provide consultative advice and assistance in organizing the promotion and development of trade-off contribution of investment proposals norms campaigns and making trade-offs in negotiations with investors and coordination recommendation in agreement with potential partner until a definitive partnership agreement. The final agreement on the legal and administrative restructuring and the new obligations and duties and rights of each party or partner, and the mechanism of action include measures process later.