Investment community column

by **Rocky** Thu 25 Aug 2016, 6:10 am

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Post n°1

Investment community column

by Rocky Thu 25 Aug 2016, 6:10 am

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2016/08/25 | 13:01

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The investment of the most important pillars in which they can develop the communities at all levels which is most important today is to restore the infrastructure of any country it was, but the investment in order to succeed need to achieve two things: first, the theoretical dimension of the future, and the second: flexible economic mindset from which the 'gave dinar dollar earn' this Matgda available and place it in most Western countries in general, and industrial countries, especially, as the list of the most important props they have is the economy.

And the evolution of Western countries in the field of investment and their superiority in the Middle East regions in general, and Arab countries in particular, was the result of meaningful economic outlook that would contribute to the advancement of Western society, and the proof is passed CE wars raging has eaten everything and everybody, but quickly Matjaozat this ordeal ; because they possess investment economic mind so she had the industrial revolution in all fields and been taken their institutions evolve slowly, either Arab societies, even though it is rich in resources, which is the first pillar of the investment, but has made its resources to invest for the other, in the sense that it has become the area to complete the Western investment.

But if we take Iraq as a sample or model on our theme in the investment will be found from more countries that have abandoned investment and Harepetth fiercely; because of the indiscretion and lack of awareness by all regimes that wisdom; for they possessed the mentality of looting and self - love is not the mentality of investment Where the last years of the era system the previous release of the Iraqi investment law No. 62 of 2002, which aims to encourage Arab investment movement that would contribute to the economic development process.

if you look at this law , you'll find not take into account the importance of investing significantly in spite of making it available opportunity for Arab capital to Khoz in most sectors productivity , including the banking sector, however , the frequency and the lack of seriousness and clear legislation seemed Although the Arab investor is an advertiser is meant only that the privileges and incentives identified to him by this law compared to the safeguards have remained limited and modest Atrqy to the extent of the privileges and Alagherot if Makornt those approved by theInvestment law No. 13 for 2006, noting that the first law he moved away to beyond the commodity sector to include banks and banks , which play an important role in the development process sector and that , unless contained in the second law that allowed foreign insurance companies presence only in Iraq without investing in the Iraqi insurance sector.

on the other He met other laws to exclude the oil sector of investment areas; and because the oil sector of the most important sectors and the investment may raise the ambitions of some of the followers of some greedy investors to invest in the countries of this side.

It is then that the only solution to Iraq under these severe economic crisis experienced in now is to encourage the investment of national quality and foreign, and Bhbh large and small, and the heroic short-term and long-term support through the provision of security by all means possible so that the investor doing his job quite comfortably, it is simple images to invest and least compared to Western countries is to build factories and construction of airports any entire infrastructure of the country, and simplified words that investment makes the country self-sufficient economically buoyant lender not the borrower, the source is the importer.

And where to invest today for Iraq is as the spirit for the body, especially in light of Maimer the economic crisis, where the bulk of Maatalbh investor is to provide security; because there are a lot of countries wish to operate inside Iraq because it is the potential of enormous resources, and that it is located on government in the first place, which was supposed to constitutionally guarantee a decent living for citizens and not to guarantee him stripped of all his rights as a citizen.

But more needs to be referred to , and must be aware of every Iraqi citizen that it is opposed to such projects is some corrupt officials; because such generating projects economically and financially by the countries have a long tradition in the investment as well as the integrity that accompany them in terms of the mechanism of action that would prevent them from theft of public money; that 's why you find most of the projects are disabled in Iraq, particularly the stable provincial security South Kalmnatq and Central down to Baghdad; because it is founded on the principle of give me give you while foreign investor to Ayai these anomalies Qaeda; therefore abandoned many investors Iraq because of a failed management policy, and the perk official love interest , which is one of the lowest goals and they favor the interests of society , which is a name ends.

but this problem can be solved through simple legislation regulating mechanism invest more and entrusted to aspecial committee to enter into investment contracts independent of each province is made up of a number of people who knew integrity take on the public interest first.

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