Fri, March 27 / March 2015
Local Government Babylon executive and legislative confirmed high preparation of investment projects in the province to a thousand projects during 2014, revealing "and put a comprehensive plan to facilitate attracting investors."
The governor of Babylon honest meaning Royal correspondent agency all of Iraq [where] that "investment opportunities in the province are many and the most important industrial parks and farmland, as well as the island Almhnanwip], oil refineries and tourist hotels and other", noting that "some of the investment projects were awarded and the other is nearing completion and will be opening soon, despite the difficulties experienced by the investor. "
"The red tape is still hampering the work of investors and aspirations of the local administration, the National Authority for Estmar government demanded overcoming difficulties in order to complete the projects on time."
Royal pointed out that "the local government has developed a comprehensive plan to attract investors by offering legal and administrative facilities for them and give them special privileges to those who possess high efficiency achievement identity."
"There's expansion towards the formation of twinning with international medical centers and the introduction of Angels Medical and terms of reference, as well as stimulate industrial and agricultural investors and the establishment of industrial and agricultural city as a first step towards the construction of the province."
As Chairman of the Investment Committee in the province of Babylon, the happiest Amuslimawi revealed to [where] for "granting Investment Authority and the Investment Committee Executive Management 1000 different investment opportunity includes all industrial, agricultural, tourism and health sectors and commercial buildings, and being 50 commercial investment opportunity and will enter service soon and the rest lagging behind and the other pull them work. "
He noted that "investment opportunities at present suffering from great difficulties because of the financial crisis in the province," calling on the central government to "local government and investors to ensure continued support for the completion of projects allocated to the implementation and completion on time."
For his part, director of Babylon Investment Commission Agency spokesman Issa al-Janabi, the Ministry of Finance to overcome the difficulties in front of investors and sign contracts with them for the start of the construction phase in the provinces that were destroyed because of terrorism. "
He said al-Janabi, a reporter [where] "We also call for activating the investment properly and push forward and address the obstacles facing the work of government banks and legislation to support the associated banks and investment projects and the formation of body for privatization and legislation item land titling in general for each sector and increase the members of the investment bodies and focus on the private sector and achieve High competition between him and the public sector. "
He added that "Babylon Investment Commission began to liquidate all projects lagging and stalled, amounting to 17 investment projects out of 78 investment projects," noting that "the Commission has completed 14 investment projects went into production, and there are 12 investment projects awaiting approval from the Ministry of Finance to sign contracts and obtaining all regulatory approvals from the rest ministries ".anthy 20
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