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Businessmen Union Bank agrees to invest in Iraq

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tlm724

tlm724
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Businessmen Union Bank agrees to invest in Iraq

Agency eighth day October 14, 2014, 13:07

The head of the International Federation of businessmen to the need for openness deliberate increase in investment projects in the country and the entry of new firms into the Iraqi market as it enhances the role of the private sector and reflect positively on the economic situation in general.

He d. Hamid punitive that "the lack of vision of investment and lack of seriousness in the enactment of laws supporting private sector Wadia hindered his performance," pointing to a given sector interest commensurate with the implications of the government program, calling for the transition towards a market economy and its components support the private sector, "noting that sustainable economic growth generator of income depends on how the ability to development not to mention the wealth of job opportunities largest number of manpower.

He noted the punitive that "the Union aspires to increase the number of investment projects in the country through overcoming the obstacles that prevent the achievement of their aspirations, stressing the keenness of businessmen in Iraq to secure the atmosphere health to attract Alastosmarojash in the area of ​​housing the fact that the country is suffering from a severe housing crisis through the development of institutional mechanisms and professional.

It should be noted that the government program pointed to the need to review the laws and regulations that govern the operation of this sector so as to ensure the provision of investment climate encouraging to bring the capital as well as the promotion of industry, trade, agriculture, tourism, and provide the necessary infrastructure to create additional sources of funding for the general budget of the state rather than total reliance on oil .

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