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Calls for converting foreign investment from the consumer to the development
5/29/2016 0:00
[rtl] BAGHDAD - The joy of pumice in
line with government moves to achieve real economic reform in the country frees from revenue unilateral, calls continue to turn compass investments, especially foreign ones towards the strategic development investment rather than consumption.
These calls coincide with the large turnout by international companies to Iraq possessed of the ingredients for being also a promising market. investment partnership , and in this regard urged economist Tawfiq Ali Hassoun , the importance of making use of thecompanies Act No. 22 of Article 15 , which allows companies to partnership and participation (public and private sectors), especially with the orientations of support forindustrial projects. the government has set eye on the advancement of the sector industrial and allocated funds for the advancement of its part of the central bank 'sinitiative, despite the fact that these amounts counted a few specialists, but it may be thebeginning of a great development process, especially since the country began moving towards the necessary security and stability for any step for the progress of theeconomy, has also sought ( the government) to make amendments to the the investment law to attract capital, especially foreign somewhat has succeeded in doing so. However ,the expert believes that foreign investment is currently experiencing a problematic kind, since there are growing daily and Iqbal significantly to these investment companies in several areas, but is clear that most of these investments are headed towards consumer investment appealed quick profit, while the advanced modern world when agreeing to any investment project requires that this be part of the strategic development plan of thecountry[/rtl]
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