World Bank confirms its commitment to support investment in Basra and the establishme

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World Bank confirms its commitment to support investment in Basra and the establishment of strategic projects to maintain




09/25/2016 (21:01 pm) - The number of readings: 356 - Issue (3744)


Basra / peace Khazaal

It called Basra Investment Commission, on Sunday, the World Bank to open a direct dialogue with the public and private economic entities in the province, and look at the advantages enjoyed by to find the appropriate mechanism to revive, while the bank confirmed its commitment to support investment in Basra to relieve the burden of the financial by the crisis, pledging to put a strategy for the establishment of large-scale projects in the governorate.

The head of the body, on the Gaspe, in an interview to the (long-Presse), "The meeting of Authority with the World Bank delegation, today, discussed the investment environment in Basra and draw a new map to him," adding that "the World Bank expressed its readiness to help in the formulation of strategy maintaining investment to include various sectors. "

He called on the President of the Commission, the World Bank to "open dialogue with the public and private economic entities in the province and see the advantages enjoyed by the Basra investment as an environment to find the appropriate mechanism to revive it."

For his part, the World Bank adviser, Mahmoud Abdel Kader Shelf, in an interview to the (long-Presse), "The World Bank is committed to supporting investment in Basra to relieve the burden of the financial crisis that Iraq is going through it," noting that "the World Bank delegation a clear vision on investment opportunities in the province. "

Shelf stressed that "the Bank delegation will prepare a strategy for the establishment of large-scale projects in Basra and draw a specific roadmap for it."
The World Bank delegation, comprising Chancellor and Executive Director of the Iraq Programme for market research, Muhannad punitive, and member of the Iraqi program to market research, Ali Kazim, and that he would hold several working meetings with businessmen and the Federation of Industries and the Chamber of Commerce and the company of Iraqi ports, to discuss the investment side, as well as for field visits free zone in the Khor Al-Zubair and ports.

The head of the World Bank, Jim Yong Kim, in New York, met the prime minister, Haidar al-Abbadi, in (the 21st of September the current 2016), and announced his support financial procedures carried out by al-Abadi, and his intention to expand the loan to cover the deficit year budget next in 2017, and support the stability of the liberated areas and other provinces, also pledged to speed up the implementation of projects in Basra, water, electricity and infrastructure field and all that is in the province and its citizens service.

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