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Investment in infrastructure drives the wheel of economy

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Investment in infrastructure drives the wheel of economy

30/4/2016 12:00 am
Baghdad – shatha Faraj

Between the economic importance of specialize in infrastructure and developed with population growth and urban development being one of the main engines of the national economy.

Economic Affairs Specialist, said Jamal Al-Tai:» infrastructure projects is one of the main ingredients in the economic success of any country being affected raise living and planning for the economy of modern techniques,

explaining: it can become more efficient and services when the State has built a sophisticated infrastructure and integrated system to keep pace with population growth over the long term and subject to sustainable development and periodically and programmer with amounts appropriated from the general budget by establishing a sovereign fund to develop special infrastructure projects outside of the main budget allocations both venture And operational.

And may involve the private sector in these projects in terms of maintenance and supervision and management but must have the specific space of freedom to manage its business by enacting a process that enables the private sector to invest his money easily, failing this State may resort to attract foreign capital and investment to these vital projects using concrete companies to run as many hands».

TAEE said «it is necessary to provide stability and energy to run their equipment without wasting time and can invest this Government projects and corporate payment be postpaid, asserting that the best solutions to develop the infrastructure sector, the Government can resort to increase tariffs and levies and fees for the sustainability and development of these projects.

Feasibility conditions

Abdul Azim said Khafaji and is specialized in Economic Affairs:» the importance of infrastructure development in the investment process in the economy as the cornerstone of economic independence.

Khufaji said «we must invest the infrastructure but must ensure the most important condition for successful trend is transparency in selecting companies under the conditions of economic viability.

In the same vein competent said Bharat: «infrastructure facilitates the movement of raw materials and labor to factories as it facilitates transfer of the product to internal and external market and therefore difficult to the country funds intervention reinforces the economic basis of the State by increasing economic welfare and occupational development of State and society".

The production process can not» any move without having it infrastructure if production costs they developed what was reflected in the capacity of a product to compete with a similar product for more quality and less expensive.

Unlock liquidity

For his part called geo economic Taha Al-khazraji to promote domestic investment and move capital and not to fall into the trap of lack of liquidity for the investment is part of the private system to consolidate public sector labour issue and getting rid of unemployment to be right in a clean environment and away from corruption to turn the concept of social justice».

Khazraji said «infrastructure investment is process optimization to move the wheel of economy especially as semi parked as well that Iraq recently began to rent is depends on the only oil and recovered a State gets in the growth of its economy and grow and self with the benefit of tourism and high yields.


State responsibility

Peasant academic kno Baghdadi said: «certainly bigger and stronger State hand able to me investing in infrastructure and is responsible for its exclusive».

Al-Baghdadi said «be infrastructure investment by developed or expanded to support the national economy and encourage venture capitalists and companies to invest in multiple areas where all industries and projects cannot work without a strong infrastructure and sophisticated and powerful being trusting and encourages benefit of tourism and high yields.

State responsibility

Peasant academic kno Baghdadi said: «certainly bigger and stronger State hand able to me investing in infrastructure and is responsible for its exclusive».

Al-Baghdadi said «be infrastructure investment by developed or expanded to support the national economy and encourage venture capitalists and companies to invest in multiple areas where all industries and projects cannot work without a strong infrastructure and sophisticated and powerful being trusting and encourages entrepreneurs to invest in your country and in different areas.


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