BAGHDAD - morning
An official source at the National Investment Commission that the Authority is currently preparing the final version of the investment zones in Iraq through a central committee under the chairmanship of the Board and membership of a number of investment organizations in the provinces, indicating that the formula will take into consideration the possibility of implementing the investment zone first at the site of Hittin in the province of Babylon before the end of this year to be distributed to other investment areas of Iraq's provinces according to the vision planning centralized coordination between the National Investment Commission and the Ministries of Finance, Planning and Industry and Minerals.
The source said during a statement received by the (morning) a copy of that body, in a bid to encourage and enable private foreign investment in Iraq and in order to overcome some obstacles that accompanied the implementation of investment projects have adopted a new concept of investment called a label (investment areas), based on the text of Article 9 / VII of the Investment Law No. 13 of 2006.
He pointed out that the authority made in this direction, concrete steps in cooperation with the Organization of Economic Cooperation (OECD) and prepared a strategy for the establishment of these areas based on the reality of similar patterns in Iraq, free zones and industrial zones in the concept of new areas of investment is different in its economic and administrative for the free zones and industrial applicable them.
The Board has prepared earlier in the general framework of the strategic establishment of investment zones in Iraq and discussed in their meetings held in Amman recently Kiffa the establishment of investment zones proposed in the whole of Iraq a six regions distributed over the provinces (Babylon, Baghdad, Basra, Nineveh, Anbar, and the Middle Euphrates region which is located between the provinces of Karbala and Najaf) also discussed the meetings a number of themes relevant of the current status of economic zones in the Middle East and North Africa and Iraq, where the evaluation of some experiments in the region and highlight the main lessons learned to work on the strategic economic zones in Iraq http://www.alsabaah.com/ArticleShow.aspx?ID=6303
An official source at the National Investment Commission that the Authority is currently preparing the final version of the investment zones in Iraq through a central committee under the chairmanship of the Board and membership of a number of investment organizations in the provinces, indicating that the formula will take into consideration the possibility of implementing the investment zone first at the site of Hittin in the province of Babylon before the end of this year to be distributed to other investment areas of Iraq's provinces according to the vision planning centralized coordination between the National Investment Commission and the Ministries of Finance, Planning and Industry and Minerals.
The source said during a statement received by the (morning) a copy of that body, in a bid to encourage and enable private foreign investment in Iraq and in order to overcome some obstacles that accompanied the implementation of investment projects have adopted a new concept of investment called a label (investment areas), based on the text of Article 9 / VII of the Investment Law No. 13 of 2006.
He pointed out that the authority made in this direction, concrete steps in cooperation with the Organization of Economic Cooperation (OECD) and prepared a strategy for the establishment of these areas based on the reality of similar patterns in Iraq, free zones and industrial zones in the concept of new areas of investment is different in its economic and administrative for the free zones and industrial applicable them.
The Board has prepared earlier in the general framework of the strategic establishment of investment zones in Iraq and discussed in their meetings held in Amman recently Kiffa the establishment of investment zones proposed in the whole of Iraq a six regions distributed over the provinces (Babylon, Baghdad, Basra, Nineveh, Anbar, and the Middle Euphrates region which is located between the provinces of Karbala and Najaf) also discussed the meetings a number of themes relevant of the current status of economic zones in the Middle East and North Africa and Iraq, where the evaluation of some experiments in the region and highlight the main lessons learned to work on the strategic economic zones in Iraq http://www.alsabaah.com/ArticleShow.aspx?ID=6303
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