[You must be registered and logged in to see this link.]Nine investment projects in Babylon, 2016Babylon Investment allow nine projects estimated at a quarter billion dollars in the current 2016Author: HH, IM
Editor: BK, HH
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Long-Presse / Babylon
Babylon Investment Commission announced on Monday, vacationed nine projects during the current year 2016, worth more than quarter billion dollars, while confirming that it is waiting for the National Investment Commission approval to implement the five other projects to preserve, (100 km south of Baghdad).
The director of the Authority, Nasr Hammoud, said in an interview to the (long-Presse), said that "the Commission granted during the year, the current 2016 nine investment licenses in various sectors," adding that such "multi-storey in the city of Hilla, Kraja, plant green buildings, a large cattle station in terms of protoplasm, (35 km northeast of Hilla), Amart commercial and a hotel five-star. "
Hammoud said that "the value of those projects in excess of $ 250 million," returned to "the establishment of these projects contribute to the economic revitalization of the movement to preserve and operation of labor and the introduction of advanced technologies."
He revealed the Director of Investment Authority of Babylon, about "the existence of five new investment opportunities submitted to the National Investment Commission for approval," attributing it to "the absence of the Board of Directors in the Investment Authority of Babylon."
Hammoud said that "Babylon Investment Commission withdrew seven out of nine licenses in the housing sector due to the inability of the executing companies and the unwillingness of citizens housing vertical social reasons," and added that "the Commission is considering Balmovqh on small projects for housing within the complexes to accommodate each and every one of them 100 to 200 House It is devoted to one of professional slides society. "
The Investment Authority of Babylon, founded in 2008 under the investment law, and it has awarded so far more than 90 investment license.