Basra Investment licenses shall be granted a new
Date: Mon 12/26/2011 7:34
□ Basra / follow-up term economic
Chief of Basra Investment Commission yesterday that the Board of Directors ratified a number of vacations new investment, said Khalaf al-Badran, according to (Rn) that "the third meeting of the Board of Directors of the Authority which was formed recently included a discussion of the draft rules of procedure of the Council and discuss some of the projects investment approvals Asthsalt sector. "
He said Badran, "The Council approved a grant leaves of new investment for a number of projects in addition to the award of a number of other licenses foundation investment."
He Badran to leave the new investment were awarded "for each of the project lab building infrastructure for company top technology at a cost of 542200000 dinars, and the project stores refrigerated and frozen at a cost of 8290371211 dinars, and the draft parks and playgrounds children at a cost of 2,400,000,000 dinars, and the farm project Babtain at a cost of 58,184,966 dinars.
He noted that the Council briefed the summaries of the projects prepared by the Department of the single window and discussed the technical proposals submitted within the projects and then voted unanimously to grant leave established for a period of six months in accordance with the terms and conditions of the body. "
He said the projects that got the license of incorporation is a project of Golden House Chinese company of Hong Kong, China at a cost of 249300000 dollars, and the City Andalusia housing company Baroque Iraq at a cost of 101,504,000 dollars, and the City Hnachel Basra housing at a cost of 245 million dollars. "
noting that "the Commission will set up next Wednesday, December 28 ceremony at the headquarters of investment licenses of BIC in the compound of the presidential palaces.
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