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A new action plan to ease the pressure on the budget
9/21/2016 0:00
[rtl]BAGHDAD / Hussein Tgb
included another amendment to the Investment Law No. 13 of 2010 , the developer concept , which came a new action plan to ease the financial pressure on the state budget, so the distribution of investment tasks.
Developer means »that is , or the company is implementing infrastructure fully to all facilities specialized city 's industrial, commercial or scientific or residential, and after thedeveloper distributes investment opportunities on new investors have assumed theresponsibilities of the implementation of various joints work »
head of the Iraqi National business Council David Abdul Zayer he said that another amendment was issued on the investment law to ensure the development of thedeveloper axis that works the first developer and Almsttmr.oadav Bmvsalin in aninterview with «morning» that the first developer , which handles the creation of industrial infrastructure of cities or tourist, as well as residential to other major projects, which has been authorized by law to receive the land and the provision of infrastructure full cycles of the roads and bridges of various basic services.
division land
and said that the land , which provide them with infrastructure is divided and given toother investors through the first developer, eg if we want to build us a residential city to provide roads, sewer, telecommunications and water within the confines of this space is then divided space into residential land and other recreational spaces for education services the building houses of worship and the requirements so cities.
issued investment Law No. 13 of 2006 in order to boost economic and social development process, development and bring technical and operational expertise and human resources development and creating job opportunities for Iraqis to encourage investment and support the establishment of investment in Iraq and expansion projects and development of various economic levels , the process of granting privileges and exemptions for these projects , so this law was enacted He pointed out that theinvestment law, as amended protects the developer as well as investor and this isimportant Mnaf work investment and new element to attract contained Alastosmar.ofatt law that the new amendment granting the developer the right to grant the land to theinvestor under the investment license and the approval of the first developer and collection services , and part of the infrastructure you spent to serve the new investor amount, pointing out that in this case has investment indivisible and we can build amodern new cities a way that minimizes the investment business costs, in terms ofinvestment in major projects require large sums of money may not be strengthened by asingle investor.
he : that this method enables the investor to work in a part of the project and thecompletion of the work assigned to him specifications defined and within the executive potentials and during the time period, indicating that these amendments get incooperation with the local sector , which has a lot of proposals capable of advancement of the national economy because he lives to the field of labor and familiar with the most important implementation of projects and determinants that prevent the requirements of
it.
service costs
Zayer between, it 's a positive approach to serve the investment process and helps theimplementation of infrastructure in the absence of the necessary funds on the part of thegovernment to implement the service side, which gives the developer the land that provided them infrastructure amounts covered head the money you spent, and thus spread the cost of services to all investors
new.
he said the developer is another important it is to manage this new city for all the requirements of the electricity, communications and security and all the logistics ,according to the best methods of internationally recognized administration. Zayer and stressed the importance that Iraq abandons the idea to build a single investor of all staff of the project specialized industry city, housing, trade and education as well , but to be the responsibilities of the developer task that would distribute tasks among investors who wish to get the opportunity to work within this project.[/rtl]
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