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Babylon attracts investment
19/10/2016 0:00
[rtl] BAGHDAD / morning
at a time when Babylon Investment Commission announced the investment license granted within the tourism sector at a cost of 4.5 billion dinars in the city of Hilla , thecenter of which is the eighth investment license during the current year, and a specialist in economic affairs stressed the importance of these projects that contribute to moving the labor market more
effectively .
Director General Dr. Nasr Hammoud Msenan said: Babylon Investment Commission and within the support of the tourism sector orientation has been granted an investment license to create a swimming pool and sports entertainment and other events in the city of Hilla center.
the president of the Commission that the cost of the project is estimated B4,5 billion dinars, pointing out that this investment license is the eighth license granted by theCommission during the current year, indicating that the project implementation period is 12 months.
the portfolios include Babylon many investment opportunities in all areas of the province which has an important strategic location in central Iraq and linking the highway and railway with most regions of the country.
He added Msenan the investment Authority of Babylon is outstanding currently among investment authorities in the provinces the fact that our body is a serious and continuous work on the subject of granting several investment licenses in all sectors as well as thecompletion of a lot of investment projects , in addition to that there are a lot of projects undergoing work advanced.
turn competent in economic affairs Hasan Ali Abdul Karim said that the granting of aninvestment license at the present time is very important and is working to move the labor market and activate chock sectors, and will provide jobs for a large segment of young people in various disciplines, and move transfers required by the implementation ofproject operations .
Abdul Karim noted the importance of investment with global and regional corporate bodies continue to call for the establishment of investment projects in Iraq, especially asthe volume of work in a large country is economically feasible[/rtl]
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