Investment conference in Basra to support the country's economy

02/11/2016 13:05 pm (Baghdad time)

Special - balances News
Basra province is preparing to hold a conference in Basra province on investment and support the economic reality.

The new governor of Basra Majed Nasraoui his call for global companies to invest on the land of the province and the various sectors to move the economic recession, which passes by the country and the region.

He said the economic committee in Parliament member Burhan Mamouri's / balances News /, "it was the formation of a sub-committee to follow up the conference to support the economic reality and give a chance to invest in the port of Faw, where we hope through which to present a positive image and give an incentive and a qualitative leap to promote and encourage investment in Iraq."

He added, that "so far, did not classify whether this particular conference or a comprehensive port of Faw, in case the comprehensive invited all international companies in Basra as the only nutritious Iraq economically and in the process to be the future of Iraq's economic capital."

He noted that "there are investing a special law and to all investors that seen it even once to reassure themselves both in terms of exposure to the blackmail of certain parties or attacks, as they will find it meets their ambition and encouraging them to invest."

The Prime Minister Haider al-Abadi said earlier, that Iraq will emerge from the economic crisis taking place through investment and not rely entirely on oil. Ended 29/38