Confirmed the National Investment Commission seeks to move the productive sector and service self-funded in Iraq to companies ready to compete after the rehabilitation and restructuring of those companies, is also working to support the Iraqi private sector to take important role in investment partnerships between the public and private sectors, making the ability of the people at home and abroad an essential part of that plan. The President of the Sami Raouf Al-Araji during the inauguration of Investment Forum and Trade organized by the National Investment Commission in cooperation with the Iraqi National Business Council, which adds a group of Sons of Iraq, residents of the United Arab Emirates (Iraqi Business Council in Abu Dhabi) that there are a number of themes core that is being worked on today are diligent and persistent is the implementation of the plan, major development that have been developed for the first time after the year 2003, which examines how the integration of the country’s resources and can be accessed from the investment patterns of different investment to build a home with five-year plan 2010-2014, which is focusing on infrastructure and development projects of major economic, which were estimated at about $ 186 billion was allocated (100) billion dollars in the capital budget (oil revenues), which will be displayed other investment projects at a cost of (86) billion dollars and the patterns of different investment, as well as direct investments in map of national investment or investment map in the provinces and operating the national update for the third time with the intention to make those updates semi-annually to monitor all developments, pointing to the need to reconsider the concept of small and medium industries and how they are financed and as to restore the idea of creating a (Investment Fund) and in force in the many countries of the world, especially those related to oil.
For his part, Mr. Ibrahim al-Baghdadi, President of the Iraqi National Business Council in his speech at the forum to progress in the investment process in Iraq now and what can they provide great opportunities and serious investors in different areas, so that they experience a profitable and successful, especially after the decisions that were approved in Council of Ministers and the House of Representatives, where contributed to The National Organization for Investment and Business Council of the Iraqi National side by side in creating the appropriate conditions for approval and which provides for the allocation and titling of land for investment projects, residential (for free) in all parts of Iraq, will be allocated land for other types of investments non-residential at low prices especially with the need for Iraq’s growing all the capabilities and expertise and national and international efforts oriented reconstruction, and called gentlemen officials in the ministries and state institutions and the Council of Representatives to support this sector and as a key partner in the economic equation by listening to the face of obstacles and problems and try to overcome them and thus contributing to the payment of the economic wheel forward and that this assembly is the best evidence of the responsiveness and support of the Grand for this sector. To that reviewed the Vice Chairman of the economy and investment in the Iraqi Council of Representatives Mohammed Salman Saadi, the most prominent features of the economic philosophy of the new is based on market economics and that give the private sector is of utmost importance in the economic process through a number of articles of the Iraqi Constitution to ensure that the State under which the reform of the Iraqi economy according to to modern economic bases, confirming that the economic and investment commission in the House of Representatives is working regularly with the executive bodies responsible for the investment portfolio in Iraq and in particular of the National Investment for the purpose of determining the laws and resolutions that would delay the process of investment in Iraq, and formulation of draft laws and submit to the Council House of Representatives for approval and thereby contributing to the success of the investment process in Iraq. And on the sidelines of the second session of the forum under the title (the role of the Ministry of Commerce in support of the private sector) said the Iraqi government spokesman Ali al-Dabbagh said the government look to the private sector and businessman Iraqi special look make him a partner strategically in the investment process and not an agent or service provider and the Iraqi government very much interested to take the investor’s share of Iraq’s largest investment by the privileges and opportunities available in the market in favor of the idea of establishing the (investment fund) and as worthy of study and attention as they represent the stock of contributing to closing the deficit in the economic aspects of the task. The head of the National Investment Commission may display during the first session of the Forum of investment opportunities and the reconstruction and construction available and the possibility of participating in ten economic sectors a key focus is upon the (oil and gas, industry, agriculture, communications, transportation, education, education, health, housing, infrastructure , electricity and tourism), has also been provided a detailed explanation of the laws and regulations and safeguards aspects of the legislative and executive (administrative and single-window) and aims to invest, including the possibilities of business and relationships with donors, banks and others.
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For his part, Mr. Ibrahim al-Baghdadi, President of the Iraqi National Business Council in his speech at the forum to progress in the investment process in Iraq now and what can they provide great opportunities and serious investors in different areas, so that they experience a profitable and successful, especially after the decisions that were approved in Council of Ministers and the House of Representatives, where contributed to The National Organization for Investment and Business Council of the Iraqi National side by side in creating the appropriate conditions for approval and which provides for the allocation and titling of land for investment projects, residential (for free) in all parts of Iraq, will be allocated land for other types of investments non-residential at low prices especially with the need for Iraq’s growing all the capabilities and expertise and national and international efforts oriented reconstruction, and called gentlemen officials in the ministries and state institutions and the Council of Representatives to support this sector and as a key partner in the economic equation by listening to the face of obstacles and problems and try to overcome them and thus contributing to the payment of the economic wheel forward and that this assembly is the best evidence of the responsiveness and support of the Grand for this sector. To that reviewed the Vice Chairman of the economy and investment in the Iraqi Council of Representatives Mohammed Salman Saadi, the most prominent features of the economic philosophy of the new is based on market economics and that give the private sector is of utmost importance in the economic process through a number of articles of the Iraqi Constitution to ensure that the State under which the reform of the Iraqi economy according to to modern economic bases, confirming that the economic and investment commission in the House of Representatives is working regularly with the executive bodies responsible for the investment portfolio in Iraq and in particular of the National Investment for the purpose of determining the laws and resolutions that would delay the process of investment in Iraq, and formulation of draft laws and submit to the Council House of Representatives for approval and thereby contributing to the success of the investment process in Iraq. And on the sidelines of the second session of the forum under the title (the role of the Ministry of Commerce in support of the private sector) said the Iraqi government spokesman Ali al-Dabbagh said the government look to the private sector and businessman Iraqi special look make him a partner strategically in the investment process and not an agent or service provider and the Iraqi government very much interested to take the investor’s share of Iraq’s largest investment by the privileges and opportunities available in the market in favor of the idea of establishing the (investment fund) and as worthy of study and attention as they represent the stock of contributing to closing the deficit in the economic aspects of the task. The head of the National Investment Commission may display during the first session of the Forum of investment opportunities and the reconstruction and construction available and the possibility of participating in ten economic sectors a key focus is upon the (oil and gas, industry, agriculture, communications, transportation, education, education, health, housing, infrastructure , electricity and tourism), has also been provided a detailed explanation of the laws and regulations and safeguards aspects of the legislative and executive (administrative and single-window) and aims to invest, including the possibilities of business and relationships with donors, banks and others.
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