Baghdad Investment: Giving Us 235 Vacation Investment Worth 12 Billion Dollars
|February 24, 2014||Filled under Iraqi News|
Announced the Baghdad Investment Commission, granting 235 investment license since its inception, including 60 vacation homes in the general areas of the capital, and noted that the amount of leave and reached more than 12 billion dollars, while confirming that these investments have provided about 10 thousand jobs.
Said the head of the Shaker Zamili, in an interview to the (long-Presse), “The Authority has embarked since its founding by choosing the most suitable projects that need capital, including residential,” noting that “the number of licenses granted since the founding of the body until the day reached 235 off 0.60 of which residential.”
Added Zamili that “exaggerated leave granted amounted to 12 billion and five hundred million dollars, “adding that” the amount reflected positively on the economy of the country through its investment in the capital, which provided nearly 10 thousand jobs and do a lot of sectors nearby and parallel to those holidays during the period of implementation and after its completion.”
He Zamili that “other sectors after the housing was also a priority at the Commission as a sector of tourism through the granting of investment licenses for hotels and theme parks, as well as licenses for the education sector through the construction of model schools and academies, training and educational different,” and added that “the Commission was granted leave to the agricultural sector to build factories and different laboratories, as well as the granting of licenses for poultry farming and meat Iraq and elsewhere.”
Explained Zamili that the Commission is currently working with the Municipality of Baghdad and the Ministry of Finance to finalize the allocation of land and complete all administrative procedures, leading to the launch opportunities investment for investors, likely to be busy in 2014 with a large number of investment licenses in light of the facilities and the recent amendments to the Investment Law and convinced businessmen and companies that Baghdad is the kiss of investment and sustainability.
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