First Deputy Governor of Baghdad, Dr. Muhammad al-Shammari said the investment, whether in Baghdad or Iraq will pan across a lot of problems afflicting the country at this time.
Al-Shammari said in a press statement: "The investment will solve a lot of problems and crises afflicting the country at this time such as housing and unemployment through providing job opportunities could accommodate a large and growing unemployment, widening within the province.
He said the investment would also improve the economic situation and living standards of the Iraqi families, including a positive effect on the overall political and security situation inside the country.
The Secretary-General of the Council of Ministers on the Keywords you may search by term with a number of specialized controls and instructions relating to the mechanism of allocation of land for the purpose of investment prior to submission to the Council of Ministers.
Keywords and studied with the President of the National Investment Commission and the secretary of Sami al-Araji Baghdad, Sabir al-Issawi, as well as the President and members of the National Business Council resolutions and mechanisms that will be followed in the field of investment.
And the government's desire to attract all the companies and investors for the purpose of contributing to the rebuilding and reconstruction, and to emphasize that any legislation and regulations on investment should reflect the philosophy of the state and the current investment environment and constraints.
He said that private sector involvement in this process is among the ideas put forward by the government. Keywords and stressed the need to facilitate and simplify procedures, including a competitive environment to attract investment for the purpose of revitalization of the national economy, adding that the investment process will develop as a priority the establishment of a major housing projects to meet the housing needs of citizens, especially those on low income.
The Secretary-General of the Council of Ministers the need to create economic partnerships between Iraq and the large companies wishing to invest in various sectors according to a clear strategy, stressing that the Iraqi market is a promising market and Iraq a fertile environment for investment
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