Planning is discussing with the international institution financing service projects stalled
{Baghdad} Euphrates News Research and Planning Minister Salman Jumaili, with the International Finance Corporation, the financing service projects stalled due to the economic crisis

According to a ministry statement, received by the agency {Euphrates News}, a copy of it, that Jumaili "met in his office at the ministry, a delegation from the International Finance Corporation of the World Bank Group , headed by Ziad Badr director of the agency 's office in Iraq, and during the meeting to discuss the possibility of the Agency to support Iraq in the context of the organization of the investment partnership between the public and private sectors. "
He also discussed the " funding stalled projects because of the economic crisis in Iraq, especially with the dye of service as well as work in the reconstruction of liberated areas , which need a lot of strategic projects that will provide services and run projects young people in the long run. "
the statement quoted Jumaili, referring to the" Iraq needs more investment, especially in the liberated areas, because the economic conditions facing the country and the weakness of foreign investment require the government to go about a new investment alternative. "
He added," the ministry was able to complete the toolkit to organize the completion of projects that implement manner partnership, as well as the Council of Ministers to form a steering committee to oversee the projects carried manner partnership between the public and private sector members include representatives from the Prime Minister 's Office and the Ministries of planning and Finance and national Investment Authority , an international consultant and a representative and an expert for the beneficiary. "
He pointed Jumaili" willingness to enter the international finance Corporation to establish an advisory project that aims to regulate the partnership with the private sector and prepare an investment profile for the management of infrastructure projects, which implements manner participation as well as assisting in the preparation of adaptive policies to deal with projects that need financing . " .
for his part, Director of IFC 's office in Iraq Ziad Badr, according to the statement, "prepared the institution to engage in project financing a two - pronged either an investment or advisory and organizing the partnership between the public and private sectors , " adding that " the Foundation intervened in Iraq by funding a number of projects as an investment portfolio of about one billion seven hundred million dollars. "
between," among the projects that the Foundation contributed to the financing of Karbala Cement project at about $ 55 million and Zain $ 400 million, the station Sulaymaniyah electricity by about $ 40 million, and the port of Umm Qasr $ 120 million dollars. "
he pointed to the Badr said," Iraq is among the 40 countries that founded the World Bank, and for being one of the founders of the first is the support and care from the bank or its institutions. "End quote