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Economic Commission announces solve the problem of ownership of land between the Investment Authority and the ministries
Tuesday, 10 December / 2 January 2012 11:37
Twilight News / Committee announced the economy and investment representative, Tuesday, for a solution to the problem of ownership of land and acquisitions between the National Investment Commission and the ministries and state institutions, noting that many of the ministries and state institutions were hindering the work of the investment projects because of its failure to give investors plots of land belonging to them.
The National Commission for Investment has been directed, on Saturday, heads of investment authorities in the provinces to speed up the inventory and the inventory of land for investment candidates and classified to prepare them for a project to build one million housing units by the share of each province.
A member of the Committee of Economy and Investment parliamentary Mahma Khalil in an interview with "Twilight News" that "what she did the National Investment Commission in accordance with the law amended in 2006, a step to solve the problem of land ownership."
And approved the Investment Authority in 2006 a new law to invest in Iraq, according to the law is the body responsible for all investment projects of a federal nature exclusively, while the bodies of the regions and provinces are responsible for investment planning and granting investment licenses in their regions and conducted by the parliament extensive changes at the end of 2009.
And Khalil, "The problem of land ownership and the ownership of one of the major obstacles facing investment projects where the refrain of ministries and government institutions on its territory for investors to set up housing and other projects."
The Member of the economy and investment that "the investor to review nearly twenty department and state institution for the approval of the land grant, and the result is that the people of one of them not to give her to him," calling to "put all the land at the disposal of the National Investment Commission to take the provincial role in the development and reconstruction. "
The Member of the economy and investment Nahida Daini had confirmed earlier in the "Twilight News", that "the investment sector in the country one step and down ten steps as a result of the obstacles faced and the most prominent failure of the ministries and governmental bodies to give territory to set up investment projects it," a claim to "connect the ownership of the land, the Council of Ministers to facilitate the investment process."
Article (10) Iraqi investment law that the investor has "regardless of nationality, all the privileges and facilities, guarantees and is subject to the obligations contained in this Act and for the investor, the Iraqi and foreign for the purposes of housing projects the right to keep the land in return for set between him and the owner of the land without the speculative land in accordance with guidelines established by the National for investment and with the consent of the Council of Ministers, and facilitate the allocation of land for housing projects and ownership of housing units to the Iraqis after the completion of the project. "
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Tuesday, 10 December / 2 January 2012 11:37
Twilight News / Committee announced the economy and investment representative, Tuesday, for a solution to the problem of ownership of land and acquisitions between the National Investment Commission and the ministries and state institutions, noting that many of the ministries and state institutions were hindering the work of the investment projects because of its failure to give investors plots of land belonging to them.
The National Commission for Investment has been directed, on Saturday, heads of investment authorities in the provinces to speed up the inventory and the inventory of land for investment candidates and classified to prepare them for a project to build one million housing units by the share of each province.
A member of the Committee of Economy and Investment parliamentary Mahma Khalil in an interview with "Twilight News" that "what she did the National Investment Commission in accordance with the law amended in 2006, a step to solve the problem of land ownership."
And approved the Investment Authority in 2006 a new law to invest in Iraq, according to the law is the body responsible for all investment projects of a federal nature exclusively, while the bodies of the regions and provinces are responsible for investment planning and granting investment licenses in their regions and conducted by the parliament extensive changes at the end of 2009.
And Khalil, "The problem of land ownership and the ownership of one of the major obstacles facing investment projects where the refrain of ministries and government institutions on its territory for investors to set up housing and other projects."
The Member of the economy and investment that "the investor to review nearly twenty department and state institution for the approval of the land grant, and the result is that the people of one of them not to give her to him," calling to "put all the land at the disposal of the National Investment Commission to take the provincial role in the development and reconstruction. "
The Member of the economy and investment Nahida Daini had confirmed earlier in the "Twilight News", that "the investment sector in the country one step and down ten steps as a result of the obstacles faced and the most prominent failure of the ministries and governmental bodies to give territory to set up investment projects it," a claim to "connect the ownership of the land, the Council of Ministers to facilitate the investment process."
Article (10) Iraqi investment law that the investor has "regardless of nationality, all the privileges and facilities, guarantees and is subject to the obligations contained in this Act and for the investor, the Iraqi and foreign for the purposes of housing projects the right to keep the land in return for set between him and the owner of the land without the speculative land in accordance with guidelines established by the National for investment and with the consent of the Council of Ministers, and facilitate the allocation of land for housing projects and ownership of housing units to the Iraqis after the completion of the project. "
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