Basra plans to launch 200 projects an investment conference organized in Kuwait later this month



23/10/2016 (21:01 pm) - The number of readings: 212 - Issue (3765)



Basra / peace Khazaal

It announced the Basra Investment Commission, on Sunday, its intention to hold an investment conference in Kuwait, where 200 project poses to the development of the province, calling for authorization managers Customs southern region of residence to grant entry to foreign investors to reduce the complexities faced by their incomes and encouraging feature, and in linking the Basra Governorate Council the opening of the suspension bridge on the Shatt al-Arab rehabilitate the road leading to the port Shalamcheh a length of about 15 km, the executing company promised that "the longest and highest" in Iraq.

The head of the Basra Investment Commission on the Gaspe, in an interview to the (long-Presse), "The Commission is determined to hold an investment conference in Kuwait October this end," adding that "the conference will feature 200 investment projects in Basra urged Kuwaitis and foreigners to work investors to maintain. "

Gaspe "The approval obtained to build a Kuwaiti investor residential complex near Basra International Airport, northwest of the city, pending completion of the procedures related to it," complaining of "complications to grant entry to foreign investors and link these to the concerned in Baghdad characteristic procedures, what constitutes a impediments to investment." .

The proposed chairman of BIC, that "authorizes the Director of Customs and director of the southern region of residence in the province to grant entry feature being the part of the concerned authorities associated with the capital, to facilitate procedures for investors and encourage them."

Signed Basra Investment Commission, the end of September 2016, five investment contracts worth $ 64 million include cutting.

For its part, described the reconstruction committee in the provincial council, commentator on the Shatt al-Arab bridge that "the longest and highest" in Iraq, and the second after that on the Bosporus in Istanbul, Turkey.

The chairwoman of the Committee on reconstruction and development in the Basra Governorate Council, flower Albjara, in an interview to the (long-Presse), "The completion of Muhammad Baqir al-Sadr, a bridge that connects the two shores of the Shatt al-Arab from the road Shalamcheh border port to the highway leading to the outside of the province ratio, exceeded 70 percent and hopefully it will be opened in the coming months, "noting that" the opening of the project depends on the rehabilitation of the road leading to the Shalamcheh port about 15 kilometers. "

Albjara She added that "the bridge was designed according to international standards, and did not implement 347 resolution that halted a lot of projects in the country due to the financial crisis affected," indicating that "the bridge will not affect navigation in the Shatt al-Arab, but on the contrary contribute to facilitating the passage of cars on the road traffic leading spend between Shatt al-Arab and the center of the city of Basra. "

For his part, the company branch manager Mick Italian said in Basra, is executing the project, Ammar slave, in an interview to the (long-Presse), "The bridge, with a length of thousand and 480 meters, and the height of the crossing navigational where up to 35 meters to facilitate the transit of ships to the port stronghold, It is the longest and highest bridge in Iraq, and the second after the Bosphorus bridge in Istanbul. "

The slave said that "the bridge was carried out by specialists Europeans were imported world-class materials took into consideration the soil problems in Iraq," pointing out that "the bridge is designed to withstand heavy loads to facilitate the transport of the ports to the other provinces."

The Mick Italian company implemented a project suspension bridge on the banks of the Shatt al-Arab, since 2013, and is equipped with a navigational bridge crossing allows the passage of ships.

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