Economy: investment law and its implementation will contribute to the Elimination of unemployment

September 24, 2015 2:52 pm


Deputy Chairman of the Parliamentary Committee on the economy and investment, Harith al-Harithi that the adoption of the draft investment law and its implementation will contribute to the Elimination of unemployment among young people.

Harithi said "when is the second amendment to the investment law No. 13 of 2006, begins investing start working and going to the largest number of labour to run and start the competencies and the workers take their site workshops will be integrated.

"The pending legislation that would allow the country's security and stability will have a key role in the process of restoring the broken state enterprises, if restructuring State there will be considerable scope for restart of infrastructure, laboratories and factories stalled then unemployment will be eliminated completely.
He assured Al-Harthy "when it starts working there will be investment operation of labour and unemployment will be eliminated".

The House of representatives decided during its meeting held on 16 September, to defer the second amendment Bill to the investment law No. 13 of 2006 until after the holiday of Eid al-Adha to the existence of legal notes around him.

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