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540 granted an investment license for projects in all governorates

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Pklv a total exceeding $ 23 billion
Karbala - morning
Detection Chairman of the National Investment Sami Araji for granted around 540 investment license for projects in all governorates of Iraq, mandated by the total reached more than $ 23 billion.
Araji said the "morning" during his visit to Kerbala, in order to develop the foundation stone for a number of projects including the establishment of a residential complex that, despite the granting of so many holidays, but some companies did not proceed so far, the implementation of projects for several reasons. And explained that the problems encountered in implementing the projects lies in the non-diversion of land ownership by the ministries, although the amendment to the investment over a year ago in order to free land and give it to the Board of Investment. The Araji to that in spite of the difficulties faced by the Commission's work, but there is progress in investment operations During the past two years, which reached the procedures for granting licenses to 540 vacation. He was in Karbala, laid the foundation stone for the establishment of a residential complex comprising 11 thousand residential units and three development projects within the program of development of regions, pointing out that the investment projects in Karbala are still without ambition despite work on the maturation of some investment opportunities, including a number of cement plants, especially after the completion of the project on the banks of Karbala Razaza company Bloom Properties PJSC, which will begin implementation within the next few months.

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