Wednesday April 29, 2015 15:46
Alsumaria News / Baghdad
Deputy Prime Minister said Bahaa al-Araji, Wednesday, that Iraq fertile ground for investment, referring to the development of a single item in the current year budget for investment.
They said during the Baghdad meeting place for business and investment, which was held in Hotel Babylon in Baghdad in the presence of a number of British companies, and attended by Alsumaria News, that "Iraq is fertile ground for investment and that Iraq is moving towards security and stability," explaining that "in order to have the actual investment in Iraq should leave the speeches and the trend towards real work. "
Araji said that "the government program may interested in investing as an important step for the development of economic and service sector in Iraq was also the first time members of the material in the budget law to encourage investment", stressing that "the government does not have the sensitivity of the investment companies to work in Iraq."
He called al-Araji British companies that "have active presence in Iraq and that there be cooperation and building common interests between the two parties in order to have a real building in Iraq."
And Iraq's parliament approved in October 2006 Iraqi investment law, but many foreign companies are still hesitant because of fears that the security situation is stable, in addition to the presence of some of the paragraphs is attractive for investment despite the amendment to the law in 2010, according to observers.
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