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Decision of the House of Representatives: Activating the investment the best solution to resolve the problem of unemployment

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player46


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Decision of the House of Representatives: Activating the investment the best solution to resolve the problem of unemployment
16/08/2012 18:40


Erbil, 16 August / August (Rn) - A decision of the House of Representatives to speed up the activation of investment and speed up the legislation, noting that the only solution in order to provide jobs for millions of unemployed and solve the unemployment problem in the government's failure to provide adequate jobs for them.

He called Muhammad Al-Khalidi in an official statement today briefed the Kurdish news agency (Rn), a copy of "to activate and accelerate investment in its legislation in order to make way way for international companies and sober to enter the Iraqi market, especially in the provinces."

"The entry of global companies need to provide infrastructure and necessary laws needed by the investor to protect his money and his rights."

And Khalidi, "The investment will be the only solution to accommodate the millions of unemployed and save them from the difficult conditions Aashunha under the government's failure to provide the minimum of functions to them," stressing "the need to unite everyone in order to stop this suffering and ending with the support of investment and speed up the legislation and laws."

And Iraq's parliament approved in October 2006 Iraqi investment law, which it was said at the time that he will open the doors wide open to foreign investment, due offer a lot of facilities to foreign investors, many foreign companies are still hesitant because of fears that the security situation is stable in Iraq, in addition to that the law did not give investors the right to ownership of the property the project, and equated the Iraqi and foreign investor in all the privileges, except for real estate ownership, as can a foreign investor to rent the land for 50 years, renewable.

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