Basra Investment Commission ratified a number of investment licenses
On: Sun 25/12/2011 18:08

Basra (news) .. Chief of Basra Investment Commission, said the board approved a number of vacations new investment, as well as a number of investment licenses of incorporation.

A statement of the Commission, received by the Agency (news) on Sunday, for a successor Badran as saying that the third meeting of the Board of Directors of the Authority, which recently included a discussion of the draft rules of procedure of the Council and discuss some of the investment projects which Asthsalt sectoral approvals.

Badran said: The council approved the granting of investment licenses to a number of new projects in addition to the award of a number of other established investment licenses.

The president of the Commission: to leave the new investment were awarded "for each of the project lab building infrastructure for the company the top of the technical cost of 5,422,000,00 Iraqi dinars, and the project cold storage and frozen at a cost of 8,290,371,211 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. "

However, to say: The Board was also briefed on the project summaries prepared by the Department of the single window and discussed the technical proposals submitted within the projects and then voted unanimously to grant the license for six months, according to the conditions and regulations of the Commission.

And that: the projects that got the license of incorporation is a project of Golden House Chinese company to Hong Kong, China at a cost of $249,300,000, and the draft City of Andalusia residential Baroque Iraqi company at a cost of $101,504,000, and the draft Hnachel city of Basra, the residential cost of 245 million dollars."

Badran pointed to: that the body will hold next Wednesday, December 28 / December ceremony at the headquarters of investment licenses of BIC in the compound of the presidential palaces in the presence of the governor of Basra and a number of officials and all stakeholders. / End / 20. Q. P /