October 27, 2015 0
The economic and investment commission representative confirmed Tuesday, amendment of the Investment Law, an important step towards Iraq put on a new in this area threshold, and stressed that the law gave investment facilities and the protection of the investor and the granting of provincial decentralization of powers, with the Legal Committee drew that law includes financial penalties for lagging investment projects.
The head of the economic and investment commission in the House of Representatives Jawad al-Bolani, during a joint news conference with the head of the Legal Committee Mahmoud Hassan and attended by Agency correspondent our economy news that "the law take into account your financial, housing, industry, municipalities and agriculture and touched and ministries sector for the first time the country's need," pointing out that " law to ensure the development of the concepts of housing and new exemptions and privileges are reflected on the ultimate beneficiary, as well as loans and the allocation of plots of land. "
He Bolani, that "the law included a set of ideas and the Investment Authority will issue instructions to its implementation," stressing that "the law gave the facilities in the field of industry, agriculture, housing and granting the provinces to decentralize authority, and provided protection for the investor to bring in foreign investors."
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